Think Real Estate
If you own rental property and want a fresh way of managing it, welcome to Think Real Estate. Our Real Estate Property Management Program is designed to make things easy on you, while maximizing profits through micro-control of both the costs and the rental income.
As a full-service property management company in Bay County--with two offices, one on the beach and one in town—we are here to handle everything for you. The Think Team would be happy to present some valuable Real Estate Property Management information to help you make the most of your real estate investments. We really would love to discuss the professional property management services we offer for homes, condos, apartments, mobile homes, and commercial properties.
Give us a call to discuss strategy and let’s maximize your profits.
Property Management Experts
Think Real Estate
My name is Tannor Byrd and I would like to welcome you to visit our dedicated website for property management and real estate rentals. We offer a great package to property owners to make renting out spaces easier and more profitable. Let's discuss your property today.Visit Our Rental Website
Think Real Estate
Buy Land and Build A Home or Buy An Existing Home in Bay County
Your future home awaits and we are here to help.
Are you in the process of locating your next dream home? If you are, you may be considering the differences between buying land and building new versus buying an existing home. Both of these options can be great, but each has a different journey to completion.
Fortunately, the real estate market in Bay County, Florida is still activity pushing along. And while there is not as much inventory, compared to 2020, there are still land & homes for sale across our wonderful community.
You can buy a neighborhood lot in a beachy or in-town community, or possibly find acres of land in the northern part of Bay County to start your own farm. Lynn Haven has become a very popular community to call home and the Cove has long been a wonderful community for those seeking to be near downtown Panama City. Lots and lots of choices to create a future that is uniquely you.
It is far more complex to buy land and build a home than it is to buy a home that is already built and move-in ready. Someone has to be available to make the continuous decisions that go along with such a project. And it is often times more expensive, too. Land costs, architectural design, permits, foundation work, framing, site work, exterior finishes, interior finishes, mechanical rough-ins— the details can add up rather quick. When building a custom home, $350,000 doesn’t build a palace in Bay County in 2020. Here is an example of what a $350,000 build budget would look like:
- Architectural Design: $17,430.00
- Site work. Design, Permit fees, inspections, etc.: $7,810.00
- Foundations. Excavation, concrete and retaining walls: $38,685.00
- Framing. Sheathing, trusses, etc.: $44,930.00
- Exterior finishes. Roofing, windows, and doors, etc.: $75,245.00
- Interior finishes. Drywall, flooring, insulation, paint, lights, appliances, etc.: $77,840.00
- Major systems rough-ins. Electrical, HVAC and plumbing: $35,445.00
- Hardscapes and softscapes. Driveway, fencing, landscaping, shed, etc.: $49,490.00
In contrast, the same budget of $350,000 can buy an existing home or condo, land included, that is move-in ready and waiting to welcome you home. And with the inventory in the Bay County Real Estate MLS, you can likely find your new home or investment project without too much effort.
Whichever your choice may be, Think Real Estate has two convenient offices in Bay County, Florida to serve your real estate needs. Our beach office is on Middle Beach Road, just east of Shipwreck Island Water Park, and our in-town office is on Martin Luther King Jr. Blvd., about one mile north of the mall. Both of our real estate offices offer the same high-quality service and personable, professional, dedicated Realtors. Contact us today to get started.