1904 Calhoun Avenue, Panama City, FL 32405

Property Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Calling all investors, builders, contractors, and experienced rehab specialists. This is the value-add opportunity you've been waiting for. Solid cinderblock home, foundation in good condition. Square footage is more than 1,067 with unfinished addition in back through living room. Located in central Panama City, this property is ready for a complete transformation and offers tremendous potential for a full renovation or rebuild. The home will require a full rehabilitation and is being sold **AS-IS**. It has significant deferred maintenance and will need to be taken down to the studs, including major updates to the electrical system, plumbing, roof, HVAC, and interior finishes. The property also has visible mold and extensive cleanup will be required. This is **not** a conventional financing candidate and is best suited for cash buyers or renovation financing. Whether you're looking for your next fix-and-flip, long-term rental investment, or custom renovation, this property provides an opportunity to build equity from the ground up. With strong demand for renovated homes throughout Panama City and continued investment in the surrounding area, experienced investors will recognize the potential this property offers. Bring your contractor and your vision. No measurements have been taken. Buyer to verify all measurements and information if important.