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$375,000
6 Beds 4 Baths 761981 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Discover an exceptional investment opportunity with this brand-new duplex, ideally located at 2332 E 19th Place in Panama City, FL. Each side of this modern duplex offers 3 bedrooms, 2 bathrooms, and is designed with 9-foot ceilings that enhance the spacious feel of the interiors.Enjoy the durability and style of LVP flooring throughout, complemented by sleek granite countertops that add a touch of luxury to the kitchens. This property is perfect for long-term rental investments or for those looking to live in one unit and rent out the other.With a completion date set for November 30th or earlier, this property will soon be move-in ready. Don't miss your chance to invest in or move into this beautiful, income-generating property. ''Photographs are from another duplex that will be the exact same level of finishes''Measurements are approximate buyer must verify if important.

2332 E 19 Place, Panama City

$785,000
4 Beds 4 Baths 761112 MLS
This is a unique opportunity to own side B or A of this fantastic Duplex with individual salt pool and a short walk to the Gulf of Mexico. Outstanding rental projections. This property is being offered as a ''Land Condo'' that will give you access to all the amenities and property ownership but under a Condo Association preview.. This legal holding allows ownership of each side individually. This Desirable East End Duplex with Inground Gunite SALT Pools just approximately 725 feet to a dedicated beach access number 9. . Can you say CASH FLOW! Each side has its own unique custom upgrades. This duplex build is the builders crown Jewel. LOTS AND LOTS OF SHIP LAP, WAINSCOTTING, and TONGUE AND GROOVE PINE CEILINGS. FANTASTIC RENTAL PROJECTS $202,392-$237,152. Kitchens come fully equipped with all appliances. Luxury Vinyl plank flooring through out. Quartz counters and upgraded custom cabinetry. Unique fixtures and mirrors throughout. lots of upgrades throughout. 2 Master suites, 1 upstairs and 1 down stairs. The unique floor plan gives plenty of privacy and space between all the upstairs bedrooms. Nice big owners storage closet out by the pool. Enjoy BBQ's under the cover lanai by the pool. Outdoor shower to rinse the sand of your feet before you step in the front door. 2x6 exterior construction, Metal Roof and Impact Windows give you added peace of mind for coastal living. Check out this fine home from Elite Coastal Construction today. They are offering a 2/10 Builder Warranty at no charge to the buyer. More and More discerning buyers are locating to the East end of PCB. Less traffic and less congestion on the beaches. but lots of great Restaurants and amenities. You are only approx 25 minutes to Pier Park. *All measurements are approx measure if important.

5520 Sunset Avenue Unit B, Panama City

$785,000
4 Beds 4 Baths 761021 MLS
This is a unique opportunity to own side A or B of this fantastic Duplex with individual salt pool and a short walk to the Gulf of Mexico. Outstanding rental projections. This property is being offered as a ''Land Condo'' that give you access to all the amenities and property ownership but under a Condo Association preview.. This legal holding allows ownership of each side individually. This Desirable East End Duplex with Inground Gunite SALT Pools just approximately 725 feet to a dedicated beach access number 9. . Can you say CASH FLOW! Each side has its own unique custom upgrades. This duplex build is the builders crown Jewel. LOTS AND LOTS OF SHIP LAP, WAINSCOTTING, and TONGUE AND GROOVE PINE CEILINGS. FANTASTIC RENTAL PROJECTS $202,392-$237,152. Kitchens come fully equipped with all appliances. Luxury Vinyl plank flooring through out. Quartz counters and upgraded custom cabinetry. Unique fixtures and mirrors throughout. lots of upgrades throughout. 2 Master suites, 1 upstairs and 1 down stairs. The unique floor plan gives plenty of privacy and space between all the upstairs bedrooms. Nice big owners storage closet out by the pool. Enjoy BBQ's under the cover lanai by the pool. Outdoor shower to rinse the sand of your feet before you step in the front door. 2x6 exterior construction, Metal Roof and Impact Windows give you added peace of mind for coastal living. Check out this fine home from Elite Coastal Construction today. They are offering a 2/10 Builder Warranty at no charge to the buyer. More and More discerning buyers are locating to the East end of PCB. Less traffic and less congestion on the beaches. but lots of great Restaurants and amenities. You are only approx 25 minutes to Pier Park. *All measurements are approx measure if important.

5520 Sunset Avenue Unit A, Panama City

$550,000
7 Beds 7 Baths 760978 MLS
Attention investors and/orowner occupants. This excellent investment opportunity awaits you in theheart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zonedmultifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5bathrooms, and a triplex with 3 one bedroom one bath apartments.Separate water and electric meters for both structures. The main home has a mother-in-law quarters thatcan also be separated to give a total of 5 rentals.Fiberglass pool with saltwater systemLarge lot with room for your ATV, boat or jet skis2 car garageRental income of $5500-$6500/month, excellent Cap rate of at least 8%SEE PROPERTY INCOME/EXPENSES ATTACHED IN DOCUMENTSSeller is motivated, bring all offers!

3900 W 17th St, Panama City

$1,250,000
20 Beds 10 Baths 759896 MLS
Situated at 1000 Transmitter Rd, this property unveils a compelling investment opportunity featuring ten extensively renovated two-bedroom, one-bathroom units, each approved for Section 8 rentals at an attractive rate of $1300 per unit. Boasting contemporary amenities, including full-sized kitchens, washer and dryer hookups, separate metering, a 2019-permitted roof, 2020 water heaters, 2020 HVAC (excluding condensers), a new deck, updated sewer lines, wiring, and a refurbished parking lot with ample tenant parking, these 830 sqft units epitomize modern living. Nestled in the heart of Bay County, Florida, the city of Panama City has experienced a remarkable population surge, reaching 36,775 residents in 2023--a 12.27% increase since the 2020 census. With an annual growth rate of 3.93%, Panama City stands as a testament to economic resilience, offering compelling prospects for both residents and businesses. The city's average household income of $70,585 fosters financial well-being in the community. Additionally, the recent boost in military construction funding for Tyndall Air Force Base, reaching an impressive $3.4 billion, not only marks a pivotal moment in the base's recovery from Hurricane Michael but is expected to drive job growth and housing demand in the surrounding area, painting a promising economic landscape. As Tyndall AFB transforms into an ''installation of the future,'' this property at 1000 Transmitter Rd becomes not just a home but a strategic investment within a thriving community poised for economic revitalization. Parcels include 15029-085-000, 15029-085-001, & 15029-085-002

1000 Transmitter Road, Panama City

$1,250,000
759895 MLS
Situated at 1000 Transmitter Rd, this property unveils a compelling investment opportunity featuring ten extensively renovated two-bedroom, one-bathroom units, each approved for Section 8 rentals at an attractive rate of $1300 per unit. Boasting contemporary amenities, including full-sized kitchens, washer and dryer hookups, separate metering, a 2019-permitted roof, 2020 water heaters, 2020 HVAC (excluding condensers), a new deck, updated sewer lines, wiring, and a refurbished parking lot with ample tenant parking, these 830 sqft units epitomize modern living. Nestled in the heart of Bay County, Florida, the city of Panama City has experienced a remarkable population surge, reaching 36,775 residents in 2023--a 12.27% increase since the 2020 census. With an annual growth rate of 3.93%, Panama City stands as a testament to economic resilience, offering compelling prospects for both residents and businesses. The city's average household income of $70,585 fosters financial well-being in the community. Additionally, the recent boost in military construction funding for Tyndall Air Force Base, reaching an impressive $3.4 billion, not only marks a pivotal moment in the base's recovery from Hurricane Michael but is expected to drive job growth and housing demand in the surrounding area, painting a promising economic landscape. As Tyndall AFB transforms into an ''installation of the future,'' this property at 1000 Transmitter Rd becomes not just a home but a strategic investment within a thriving community poised for economic revitalization. Parcels include 15029-085-000, 15029-085-001, & 15029-085-002

1000 Transmitter Road, Panama City

$252,000
5 Beds 4 Baths 759463 MLS
Under Contract - Taking Backups the phrase 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Sitting on a little over a 1/2 acre, this solid block constructed home boasts 5 bedrooms and 2 full baths and 2 half baths. Unit B has 3 bedrooms and 1 full and 1 half bath. The attached Unit A has its own full-size kitchen and living room, 2 bedrooms, 1 full and 1 half baths. Both living spaces have washer and dryer hook-up in place. Notable features of this property include concrete block construction, a well system, a detached 12x20 shed needing repair, an underground fallout shelter and plenty of storage. The fenced yard provides plenty of room for boat or camper storage. The home needs repairs and TLC. Unit B has central heat and air. Unit A is ducted for central HVAC, but currently has 2 working window a/c units, but no heat source. The Seller is willing to consider investing in an HVAC unit, with a solid offer. The Seller has a transferable termite bond and survey. This could be a great rental investment property or ideal for someone needing separate living spaces for parents. All measurements are approximate, please verify if important.

524 Powell Avenue, Panama City

$385,000
2 Beds 2 Baths 758676 MLS
Offered at an incredible price, this brand new ''Camelia'' cottage home is located in the amazing adult, 55+ community of Latitude Margaritaville Watersound. You've wanted a neighborhood with great people and great amenities; and you have found it here! A place to call home where you can have casual strolls in a gated community or get as involved as you want to with fun, energetic people who know how to have fun! First-class amenities await in Margaritaville where you can relax by the pool, dine at their amazing on-site ''Bar and Chill'' restaurant, or get your workout in with their large gym, pickleball or tennis. Whether attending weekly concerts at the onsite amphitheater or just taking your dog to the large dog park - Barkaritaville - there are amenities for everyone. The Camelia home is a two-bedroom, two-full bath, 1320 sf home that pairs up next to a Dreamsicle cottage home; superior sound proofing construction make it a quiet neighbor. This home comes with the builder warranty with Master Care and is LOADED with options including things like 8' interior doors throughout, recessed lighting throughout, Rinnai tankless gas water heater, extended island in the kitchen, undercabinet lighting, impact resistant energy efficient windows, Taexx(r) pest defense system, and many more too numerous to list! See the documents for a complete list of structural and design options added to this home. This home is under construction with a planned close date of August 29, 2024; the first day you could close with purchase. This was to be the retirement home for the seller, so they put many upgrades into the home; a change of plans is causing the sale. The lifestyle at Margaritaville is incredible; you have found your home here and come be a part of this amazing community all at a great price! Just seven miles from the world's most beautiful beaches and right next to the intercoastal waterway, your paradise awaits!

8722 Sandollar Drive, Panama City

$335,000
6 Beds 4 Baths 757856 MLS
Attention Investors. Duplex for Sale. Each Side Consists of 3 Bedrooms, 1 Full Bath and 1 Half Bath. This residential property provides a genuine investment opportunity with its unique dual-dwelling setup and favorable location. This duplex showcases a sleek open-concept kitchen, guaranteeing an unobstructed flow and a warmly accommodating ambience for your potential tenants. Exceptional features are aplenty, with a spacious layout which affords each side of the duplex ample privacy and flexibility in terms of usage. Built in 2008, and completely remodeled in 2019 (Roof, Siding, AC's, and more), this Duplex is the perfect investment.Currently only one side is rented and the is move in ready for a new tenant or to occupy as a primary residence while producing income!! Schedule a showing ! Brand new carpet and paint throughout the house on the vacant side.

754 Sherman Avenue Unit A&B, Panama City

$478,000
8 Beds 4 Baths 757741 MLS
DO NOT MISS THIS OPPORTUNITY! I've got a fantastic opportunity for all you investors out there. We're talking about a Quad Plex at 3902 Wave Ave with units A, B, C, and D. Now, let's get into the details:**Property Highlights:**- New HVAC systems in all units !- The flooring has been renovated, giving these units a fresh feel.- Each unit comes with washer and dryer hookups - super convenient for tenants.- We're talking about 2 bedrooms and 1 bathroom in each unit, plus a nice-sized living room.- There's a fenced-in backyard area, 4 Meters for each of the units-It is centrally located, making it easy to get anywhere you need to go.Walk to the convenient store.**Financial Breakdown:**- Right now, two units are rented for $1,300 a month.- unit A just rented for $1325.Unit D could potentially bring in $1350-$1400-please verify measurements if important Now, don't miss this chance to get a solid investment. It's a great way to build some steady income. So, what are you waiting for? Reach out for more details and schedule a viewing. Make an offer TODAY!

3902 Wave Avenue Unit A-D, Panama City

$1,380,600
15 Beds 13 Baths 756905 MLS
Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.

2228 E 17th Street, Panama City

$360,000
2 Beds 3 Baths 756623 MLS
These pictures are a worth 1000 words! One of a Kind - Deep Waterfront Townhome - An overused term but not in this case. Here is your chance to purchase an approx. 1700 sq ft 3 bedroom/ 2.5 bath townhome with a spectacular waterfront view with deep water boat dock for a bargain price. You must see the pictures to appreciate. Located in Callaway in a separate community of 5 buildings with 2 units per building. Overflow parking available. HOA dues are only $50.00 per month. New Metal Roof, A/C and generator 5 years. Very little storm damage but items were replaced anyway. Secure area close to Tyndall and very affordable. Boat dock is shared by only the unit next door. NEXT DOOR UNIT is also available to purchase separately but is occupied for another month. Great back porch, 2 car garage, secure subdivision. Same owner since built in 1985. This will not last long. Being sold as-is. Some cosmetic items may want to be replaced and the boat dock will need some maintenace to get the most out of it but at this price you cannot beat the waterfront views. Deep Water Boat channel is right off the end of the dock. Easy to show today!

7120 Singleton Circle Unit B, Panama City

$299,400
3 Beds 2 Baths 756424 MLS
New construction home in Liberty. Located in a cul-de-sac at 6762 Atkins Road, the Jemison floor plan is a 3-bedroom, 2-bathroom home that is designed to optimize living space with an open concept kitchen overlooking the versatile family room. The well-appointed kitchen features an island with bar seating, oversized pantry and sleek stainless-steel appliances! Bedroom one is located at the rear of the home for privacy and has an ensuite bathroom with double vanity and spacious closet providing substantial storage space. A second bedroom and bath are located at the front of the home. Just off the kitchen the versatile third bedroom, perfect to meet your needs. Like all homes in Liberty, the Jemison includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Liberty neighborhood is conveniently located in beautiful Panama City off Star Avenue near 231. Located just 25 minutes from Tyndall Airforce Base, 20 minutes to hospitals, and less than 15 minutes to shopping, restaurants, and grocery stores you will be amazed at the convenience once you enter the winding entrance to this beautiful sanctuary. Liberty offers a 7,500 square foot community center with full gym, wellness rooms and much more. Additionally, behind the community center is a water wonderland with resort style pool, splash pads, and an outdoor grilling kitchen with seating

6762 Atkins Road, Panama City

$330,000
4 Beds 4 Baths 756377 MLS
Welcome to 359 Mercedes Ave!!Seller is offering a $7,000 concession at closing.This stunning Next Gen home features 4 bedrooms and 4 bathrooms across 2,146 square feet of beautifully designed living space. The main area boasts 3 bedrooms and 3 bathrooms with breathtaking water views of Watson Bayou, creating a serene coastal atmosphere. Adjacent to the main residence is an attached apartment or Mother-in-Law suite, complete with 1 bedroom, 1 bathroom, a kitchen, laundry facilities, a closet, and its own private entrance, parking, and yard space--perfect for extended family or rental income.Nestled in a highly desirable area, you'll enjoy being just 2 minutes from Ascension Sacred Heart Hospital, a quick 5-minute drive to Downtown Panama City, and less than 10 minutes to the shopping districts. Plus, the beautiful beaches of Panama City Beach are only 20 minutes away, offering endless opportunities for sun and fun. Additionally, Tyndall Air Force Base is just a short drive away, making this an ideal location for military families.Don't miss out on this exceptional home in a prime location with endless potential. Schedule your viewing today and make 359 Mercedes Ave your new address!

359 Mercedes Avenue Unit A & B, Panama City

$455,000
5 Beds 3 Baths 755393 MLS
**Sold** Explore this remarkable triplex nestled on over half an acre with direct deep water access to the Gulf of Mexico. Newly constructed seawall (Nov 2022) ensures peace of mind. The upper level features two distinct units with carports, each boasting two bedrooms and one bathroom. Downstairs includes a garage, storage room, mudroom, and a one-bedroom, one-bathroom unit. This versatile property offers great potential in a sought-after waterfront location on Donalson Point, just 9 minutes from the Tyndall Welcome Center. Two units are move-in ready, while the third awaits a hot water heater. Live in one unit while updating the others! Enjoy the tranquil backyard for fishing, boating, or kayaking adventures!

1440 Dover Road, Panama City

$415,000
4 Beds 2 Baths 755257 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. DUPLEX INCLUDES BOTH SIDES 7024 & 7028!! Don't miss out on this amazing property located in a tranquil neighborhood on the East side of the beach, conveniently close to all amenities! TWO bedroom and one bath on each side!! Large yard!! This property offers the opportunity to live in one unit and rent out the other, providing a fantastic source of passive income. Enjoy the proximity to Rick Seltzer Park, where you can relax in the gulf breezes and soothing sounds of the ocean. The property has undergone numerous upgrades and was recently renovated. Investors will appreciate the absence of HOA fees, making it an ideal option for short-term rentals. ProjectionContact your preferred real estate agent today to schedule a viewing!

7024 &7028 Beach Drive, Panama City

$380,000
8 Beds 8 Baths 755232 MLS
BACK ON THE MARKET AT NO FAULT OF SELLER. Welcome to 3803 West 17th Street, a fantastic investment opportunity in Panama City, FL! This property features 1 bedroom/1 bathroom per unit. This rental property offers four units in each building, providing great potential for income generation from 8 total units.Each of the units come unfurnished with a range and refrigerator allowing for personalized decor, PLUS all new Mini Splits in every unit , a $48,000 upgrade. Each property includes a driveway for ample parking Whether you're an investor seeking a lucrative rental opportunity or looking to expand your property portfolio, this versatile property is a must-see. Don't miss out on this chance to own a property with tremendous potential. Book your showing today and explore the possibilities that await!

3803 W 17Th Street, Panama City

$230,000
3 Beds 3 Baths 754970 MLS
TRIPLEX - GREAT RETURN ON INVESTMENT FOR AN INVESTOR THAT WANTS TO LIVE IN ONE AND RENT OUT TWO, OR RENT OUT ALL THREE FOR POSITIVE CASH FLOW.Seller is repositioning assets to purchase another property - so take advantage of this awesome opportunity offered at a VERY LOW PRICE. Upgrades to property have been made in the past couple of years.Each unit receives government supported (automatic) rent per month. First unit rent is $1,050 per month. Second unit rent is $1,000 per month. Third unit was receiving $1,100 per month but was just vacated so that showings are easy (each of the units are identical so you know what you are buying). Total gross monthly income is $3,150. Another government backed lease can be executed on third unit after closing with new buyer.Well-maintained triplex located in the heart of Panama City.The triplex is situation on a quarter acre lot.Roof is approximately 10 years old.Each unit has a window heating/air conditioning unit.Total heated/cooled square footage is 1,320 square feet.Each unit is approximately 440 square feet, one bedroom / one bathroom with living area and dine-in kitchen.Tenant is responsible for all maintenance and lawn upkeep.

2324 E 16th Court, Panama City