Zumper

1204 Drake Ave
1204 Drake Ave, Panama City, FL 32401, USA

Townhouse for rent
Monthly rent
$1,300
Beds2
Baths1
Sqft1,035–1,038
modified
5+ Days Ago

Property Overview

The property on Drake Ave features notable elements such as LVP flooring, a spacious living area, and an open back patio, enhancing its appeal. It is well-situated near a highly-rated elementary school, boasts a competitive value per square foot, and is surrounded by over 50 restaurants and accessible transit options, fostering an active social environment. Additionally, the diverse neighborhood showcases a vibrant community atmosphere, making it a desirable location.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • More space
  • Elementary school nearby
  • Fireplace

Great for

  • Social life

Highlights

  • lvp flooring
  • living area
  • open back patio

Units

1204 Drake Ave Panama City, FL

Available

Unit B

2 Beds

1.5 Baths

$1,300

Listed on 11/21/2025
Listed by Patricia Sneed
Days on market: 20
Historical St. Andrews! Cute 2 Story Townhome bedroom with 2 bedrooms, 1.5 bath and 2 parking spaces. This home features foyer, living area and half bath downstairs, LVP flooring, both bedrooms and full bath upstairs with carpet in the bedrooms. End unit with open back patio. Lawn service and irrigation is provided by the owner. NO PETS! NO Smoking Proprety! This is a great townhome for those looking for a quiet place to call home and enjoy the hip St. Andrews & Downtown Panama City area. Great area for walks/runs/biking and kayaking/fishing! Imagine strolling down just steps to the Bay and catching the sunset before dinner!

Available

2 Beds, 1.5 Baths

2 Beds

1.5 Baths

$1,300

Listed on 10/28/2025
Listed by Cute 2 bedroom 1.5 bath 2
Days on market: 44
Historical St. Andrews! Cute 2 Story Townhome bedroom with 2 bedrooms, 1.5 bath and 2 parking spaces. This home features foyer, living area and half bath downstairs, LVP flooring, both bedrooms and full bath upstairs with carpet in the bedrooms. End unit with open back patio. Lawn service and irrigation is provided by the owner. NO PETS! NO Smoking Proprety! This is a great townhome for those looking for a quiet place to call home and enjoy the hip St. Andrews & Downtown Panama City area. Great area for walks/runs/biking and kayaking/fishing! Imagine strolling down just steps to the Bay and catching the sunset before dinner!

Amenities for 1204 Drake Ave

Some units at this address have these amenities. View unit details for more information.

Building
  • Outdoor Space
Unit Amenities
  • Oven
  • Fireplace
  • Assigned Parking
  • Carpet
  • Microwave
  • Dishwasher

Policies at 1204 Drake Ave

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 1204 Drake Ave

HomeHouses in Panama City 1204 Drake Avenue, #B, Panama City, Florida 32401, United States

Don't miss this charming property located at 1204 Drake Ave, Panama City, FL 32401! This intimate community consists of only 2 units, offering a cozy 2-bedroom floorplan with 1035-1038 square feet of living space. Inside, you'll find beautiful LVP flooring, a spacious living area, and an open back patio perfect for relaxation. Enjoy a range of amenities, including a balcony patio, fireplace, oven, dishwasher, and outdoor space. This property is ideal for those seeking a long-term rental in a quiet setting. One of the standout features of this property is its private outdoor spaces, perfect for taking in the fresh air and enjoying the surroundings. Note that this property is not pet-friendly.

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Address details

Units2
Units available2
City
Zip code32401

1204 Drake Avenue is great for:

Social life

  • Areas nearby are accessible by walking
  • 50 restaurants within 1 mile of this property
  • Diverse age groups live in this area
  • The area has transit options

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1204 Drake Ave, Panama City, FL 32401, USA compares to other nearby properties.

Positives

More space
The 2-bedroom is 136 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.4 mile away
Fireplace
Upgraded in-unit features
Images Available
There are at least 10 photos of this address

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Rent trends in Panama City

If you decide to upgrade your space, you can expect 2-bedrooms at 1204 Drake Avenue to be 0% less than the average for similarly sized apartments in Panama City.

Median rents as of Dec 6 2025.
Panama City
A table of studio rental data trends in Panama City
MonthMedian Rent
June 2024$900
September 2024$900
October 2024$743
November 2024$725
December 2024$841
January 2025$875
February 2025$962
March 2025$990
April 2025$1,043
May 2025$1,135
June 2025$1,036
July 2025$1,147
August 2025$1,035
September 2025$915
October 2025$875
November 2025$1,081
December 2025$1,397

Affordability calculator

Can I afford to live at 1204 Drake Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 2-bedrooms median monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 1204 Drake Avenue, Panama City, FL.
5 months ago$1,3002 bed1.5 bath
9 months ago$1,3502 bed1.5 bath
1 year ago$1,4002 bed1.5 bath
1 year ago$1,4002 bed1.5 bath
7 years ago$8502 bed1.5 bath
7 years ago$9502 bed1.5 bath
7 years ago$9502 bed1.5 bath

Schools near 1204 Drake Avenue

St. Andrew School

2010 w 12th st

panama city, FL, 32401

PK, K-5Public
C+

Bay Virtual Franchise

1515 june ave

panama city, FL, 32405

K-12Public
C+

Rosenwald High School

924 bay ave

panama city, FL, 32401

PK, 6-12Public
C-

Margaret K. Leweis in Millville

203 n east ave

panama city, FL, 32401

PK, K-12Public
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Panama City near 1204 Drake Ave

Walking

4/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10
There are a few mass transit options within the area.

Points of interest for 1204 Drake Ave, Panama City

Groceries

6/10
At least one supermarket within a 20-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

2/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

4/10
Some bars within walking distance

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