2004 Drummond Avenue Unit Units 2004 and 2006, Panama City, FL 32405

Property Description

*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* *SELLER ONLY ACCEPTING CASH OFFERS* While previously under contract, this property had $3,300 worth of compliance repairs executed. This dual-unit duplex presents a straightforward investment opportunity for those looking to add a functional, high-occupancy asset to their portfolio. Both sides (2004 & 2006) feature a practical 2-bedroom, 1-bathroom layout and received a targeted interior refresh in December 2025. These updates include brand-new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the units are clean and move-in ready. Each kitchen is equipped with a stove and a brand-new refrigerator. Each unit includes its own dedicated carport, private front porch, and individual laundry room with hookups; Unit 2006 also features a back door for easy yard access. This duplex includes a shed located in the backyard for extra storage. Location is a key highlight, as the property is conveniently nestled between Highway 98 and 23rd Street, just off Michigan Avenue. While Michigan Avenue is currently undergoing major water-main improvements, this infrastructure work promises significant long-term benefits for the area's value and utility. Situated on a low-traffic street in an established neighborhood, this property offers excellent flexibility for various investment strategies, as it can be purchased as a single parcel or as individual sides. Text listing agent for more information.