LeaseLantern

Home›Panama City, FL

Royal Arms Garden Apartments

1420 BALBOA AVE, Panama City, FL, 32401

Units
88
Management
Aspen Property Management LLC
Program type
LMSA
Client group
Indv. families - not eld/ handicap
HUD inspection score
97
Last inspection
July 3, 2025
HUD property ID
800004418

Units & rent

88 total units
Avg. rent
$303
per month
Occupancy
97%
occupied
Total units
88
in property
Available
80
reported

Unit mix by bedroom

11 bedroom
14 units
22 bedroom
36 units
33 bedroom
30 units

Most income-based units charge rent based on household income (often about 30% of income). The figure shown is HUD’s reported average and your actual rent may differ. Bathroom counts and floor plans are not part of the HUD dataset.

Contact this apartment

Ask about availability, waitlists, and how to apply.

Call: 973-622-0073 ext 1111
Flood RiskZone X

Minimal flood hazard — outside the 500-year floodplain. Lower risk, but flooding is still possible.

Source: FEMA National Flood Hazard Layer. Data is informational — consult FEMA's Flood Map Service Center for official determinations.

Nearby Schools

  • Exceptional Student Education

    Bay

    High0.1 mi

  • Bay Virtual Instruction Program (District Provided)

    Bay

    High0.1 mi

  • Bay Virtual Franchise

    Bay

    High0.1 mi

  • Bay Virtual Instruction Program

    Bay

    High0.1 mi

  • Palm Bay Preparatory Academy 6-12

    Bay

    High0.2 mi

  • Palm Bay Elementary School

    Bay

    Elementary0.2 mi

Source: NCES Common Core of Data. Distances are straight-line from this property and reflect proximity only, not school-attendance boundaries. Confirm the assigned school for a specific address with the local district.

What's nearby

53 dining options within a 1-mile walk.

  • Restaurants

    Nearest: PoFolks (0.13 mi)

    48 within 1 mi

  • Cafés

    Nearest: Jamaican Food Store & Cafe (0.92 mi)

    1 within 1 mi

  • Fast food

    Nearest: Wendy's (0.14 mi)

    4 within 1 mi

  • Grocery

    Nearest: Piggly Wiggly (0.54 mi)

    5 within 1 mi

  • Medical

    Nearest: Panama City Nursing Center (0.08 mi)

    32 within 1 mi

  • Parks

    Nearest: Buena Vista Mobile Home Estates (0.22 mi)

    9 within 1 mi

  • Entertainment

    Nearest: B Reel Movies (0.33 mi)

    7 within 1 mi

Amenity data © OpenStreetMap contributors.

Explore

› Affordable housing in Panama City› Browse all Panama City listings› FL affordable housing

Similar properties nearby

› Gibb Springfield VillageScore 97› Edgewood Garden ApartmentsScore 96› Foxwood ApartmentsScore 95› Pana Villa Garden ApartmentsScore 94› St. Andrews TowersScore 88› Macedonia GardensScore 88

Eligibility & how to apply

Florida income limits (2026)Florida public housing authoritiesSection 8 waitlists in Florida

Resident Reviews

Loading reviews…

Are you the property manager? Claim your listing to add photos, amenities, floor plans, and availability.