| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 62nd | Best |
| Demographics | 51st | Fair |
| Amenities | 47th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 E 25th St, Lynn Haven, FL, 32444, US |
| Region / Metro | Lynn Haven |
| Year of Construction | 1981 |
| Units | 30 |
| Transaction Date | 2016-09-12 |
| Transaction Price | $87,900 |
| Buyer | MONGE SERRANO JOSE ELISEO |
| Seller | OSTER LESLEE L |
300 E 25th St Lynn Haven Multifamily Investment
Neighborhood occupancy averages 90.5% and renter-occupied housing accounts for roughly 37% of units, indicating a steady tenant base for a 30-unit asset, according to WDSuite’s CRE market data.
Located in Lynn Haven within the Panama City metro, the neighborhood carries a B+ rating and ranks 15th of 54 metro neighborhoods—competitive among Panama City neighborhoods for multifamily stability. Neighborhood occupancy is 90.5%, with mid-market rents and a renter-occupied share near 37%, supporting demand depth without signaling excessive affordability pressure.
Amenity access is balanced for a suburban setting. Cafe density ranks 12th of 54 locally and sits in the 75th percentile nationally, while grocery options rank 15th of 54 and in the 70th percentile nationwide. Restaurant density is similarly favorable (21st of 54; 68th percentile nationally). Park and pharmacy density are limited in this neighborhood relative to the metro (both rank 54th of 54), which may influence certain renter preferences and should be considered in marketing and retention strategies.
Typical rents trend mid-range (neighborhood median contract rent is reported at $1,232 with positive five-year growth), and the rent-to-income ratio around 0.19 suggests manageable affordability conditions that can support lease retention. Compared to metro peers, rent levels rank 17th of 54—competitive without being top-priced—offering room for pragmatic rent management.
Demographic statistics are aggregated within a 3-mile radius. Over the past five years, the area shows a slight population dip alongside a small increase in household counts, and projections indicate further population contraction with a notable increase in households and smaller average household sizes. This pattern typically expands the renter pool and supports occupancy stability, particularly for professionally managed, workforce-oriented properties.
Vintage context: the property was built in 1981 versus a neighborhood average vintage of 1985. The slightly older profile points to potential value-add through targeted interior updates and systems modernization, which can enhance competitive positioning against newer stock while planning for ongoing capital needs.
Safety indicators are mixed in context. Within the Panama City metro, the neighborhood s overall crime rank is 10th of 54, indicating relatively higher incident levels compared with many local peers. However, on national comparisons, estimated property offense rates trend in the stronger range (78th percentile nationally, where higher percentiles indicate safer conditions), and violent offense rates sit modestly above average safety nationally (63rd percentile). Recent year-over-year data show volatility in violent incidents, which warrants monitoring as part of risk management and tenant retention planning. All figures reflect neighborhood-level trends rather than property-specific conditions.
The Lynn Haven area draws on a diverse employment base across healthcare, public sector/defense, and services within the broader Panama City economy, supporting commute convenience and renter demand for workforce housing. Key employers within commuting range are summarized below.
This 30-unit 1981-vintage property benefits from a steady neighborhood tenant base, mid-market rents, and a renter-occupied share near 37%, supporting occupancy durability and pragmatic pricing. According to CRE market data from WDSuite, neighborhood occupancy averages 90.5%, and amenity access is solid for an inner-suburban location, though limited park and pharmacy proximity should be factored into resident experience strategies.
Within a 3-mile radius, households have inched higher despite modest population decline, with projections showing more households and smaller sizes—conditions that typically expand the renter pool and support lease stability. The 1981 vintage suggests value-add potential via targeted renovations and systems updates to sharpen competitive position versus slightly newer neighborhood stock.
- Neighborhood occupancy averages 90.5%, supporting leasing stability
- Mid-market rents and ~0.19 rent-to-income bolster retention
- 1981 vintage offers value-add and modernization upside
- Household growth with smaller sizes expands the renter pool (3-mile)
- Risks: limited park/pharmacy access and recent safety volatility warrant monitoring