218 S Charlene Drive, Panama City, FL 32404

$164,000
4
BD
2
BA

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Sold Price
$164,000
List Price
$169,000
Closing Date
Jun 03, 2026
MLS#
784511
Bedrooms
4
Bathrooms
2
Full-baths
2
Acres
0.19
Lot Size
8,407
Subdivision
Lannie Rowe Lake Estates U-8
Year Built
1973

Property Description

The price just changed. The neighborhood didn't. 🏡 Brick 4BR/2BA | $174,900 | Established Neighborhood Near Tyndall AFB. Solid brick construction, a proven floor plan, and a location that delivers -- this 4-bedroom, 2-bath home is now priced to reflect condition and reward the right buyer. Whether you're an investor running numbers or a handy buyer ready to build serious equity, the opportunity here is real. The bones are strong. Brick exterior, roof replaced January 2019, separate family room with fireplace, open kitchen and dining area with breakfast bar, and abundant natural light throughout. Out back you'll find a fully fenced yard and a 20x12 workshop and storage shed -- a feature that's hard to find at any price point. This home needs interior updating and is priced accordingly. ARV in this neighborhood runs $235,000-$250,000 once updated -- the spread between where it's priced and where it can go is the opportunity. Appliances convey. Cash or renovation financing preferred. Sold as-is. Minutes from Tyndall Air Force Base, schools, shopping, parks, and Gulf Coast boat launches. Bring your contractor or bring your toolbelt. Schedule your showing with your favorite Realtor® today!

Additional Information

Interior Features
Workshop
Exterior Features
Rain Gutters
Lot Dimensions
72X117
Community
Lannie Rowe
Appliances
Electric Range, Electric Water Heater
Elementary School
Callaway
Middle School
Rutherford Middle
High School
Rutherford

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ERA Neubauer Real Estate Inc. Selling Office: Think Real Estate.