About This Property
Stone Harbor II comprises 56 low-income units in Panama City Beach, Florida, serving families with a mix of one-, two-, three-, and four-bedroom apartments. The property has been in service since 2004 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. The unit distribution includes 8 one-bedroom, 24 two-bedroom, 16 three-bedroom, and 8 four-bedroom apartments.
Property Details
Fair Market Rent - Bay County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,269 |
| 1 Bedroom | $1,297 |
| 2 Bedroom | $1,523 |
| 3 Bedroom | $2,065 |
| 4 Bedroom | $2,585 |
Income Limits - Bay County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,150
- Very Low (50%)
- $23,550
- Low (80%)
- $37,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,900
- Low (80%)
- $43,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,600
- Low (80%)
- $53,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,000
- Low (80%)
- $62,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,700
- Low (80%)
- $66,650
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $44,400
- Low (80%)
- $70,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,150 | $23,550 | $37,650 |
| 2 Persons | $17,420 | $26,900 | $43,000 |
| 3 Persons | $21,960 | $30,250 | $48,400 |
| 4 Persons | $26,500 | $33,600 | $53,750 |
| 5 Persons | $31,040 | $36,300 | $58,050 |
| 6 Persons | $35,580 | $39,000 | $62,350 |
| 7 Persons | $40,120 | $41,700 | $66,650 |
| 8 Persons | $44,400 | $44,400 | $70,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Panama City Beach, FL?+
The Fair Market Rent (FMR) for Bay County, FL is: $1269 (Studio), $1297 (1BR), $1523 (2BR), $2065 (3BR), $2585 (4BR). Actual rent at subsidized properties like Stone Harbor Ii is typically 30% of household income or less.
What size apartments are available at Stone Harbor Ii?+
Stone Harbor Ii offers the following unit types: 8 One-Bedroom, 24 Two-Bedroom, 16 Three-Bedroom, 8 Four-Bedroom units, for a total of 56 units.
Who manages Stone Harbor Ii?+
Stone Harbor Ii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Bay County, FL?+
For a 4-person household in Bay County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,600, Low Income (80% AMI): $53,750. These limits are set by HUD and updated annually.
Who is eligible to live at Stone Harbor Ii?+
Stone Harbor Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Stone Harbor Ii?+
Stone Harbor Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Panama City Beach, FL?+
Based on Fair Market Rent for Bay County, the estimated price range is: 1-bedroom: $1297, 2-bedroom: $1523, 3-bedroom: $2065. Actual rent at Stone Harbor Ii may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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