Think Real Estate
Chief Executive Officer
Investment Properties and Flips
Community Care Leads to Success
Zack Sanchez was born and raised in Panama City and is the proud son of Ruben and Iris Sanchez. His mother and father, native Puerto Ricans, are the embodiment of God-fearing, hardworking, and loving. Zack's trademark character was developed while watching his parents work hard and love well. They opened a local favorite restaurant in town which quickly became the place where Zack would learn not only the ins and outs of owning and operating a business but would also serve as the foundation of the development of his passionate work ethic.
Zack is a graduate of Florida State University where he received his Bachelor of Science in Business Administration. True to his nature, Zack graduated college with honors at the ripe old age of 19, ready to conquer the world with those values he learned growing up – working hard and loving well.
Zack began his career in real estate when he was just 15 years old, when he bought his first piece of property to build a spec home. When other kids were stressing about who to ask to prom or maybe what their moms put in their lunchboxes that day, Zack was working hard, and saving to buy more properties.
Upon graduating college, he started a job in banking, and later, insurance, where he learned management, how to effectively work with and lead a team of people, and general "how to make people happy" skills. During his time in insurance, Zack received his real estate license and began to flip houses. It didn't take long for him to realize that real estate was his true passion, and the beginnings of Think Real Estate began to take shape. As his days became longer, and nights became shorter while working a full-time job, and doing real estate on the side, he knew it was time to bring his five-year plan to fruition.
Zack currently is the proud co-owner of each of the following businesses:
Zack currently serves on the following Board of Directors:
• Top 1% Agent
• Broker of the Year Award 2022
• Notable Nole Award 2023
Zack is happily smitten with his wife, Olivia, who is just as busy, energetic, and driven as he is. They have three beautiful children, Vivian, Violet, and John-Crosby. Zack enjoys spending time traveling with his family and enjoying his hometown Bay County. Zack is committed to making the world around him a better place.
Investment & Property Flips
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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.