2816 N Panama AVE #A&B new

Panama City,FL 32405

$ 475000

5 Beds

4 Baths

2240 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,240 sqft

Price per Sqft $212

Subdivision Sheffields 3Rd Add

MLS Listing ID 775132

Style Duplex

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1977

Property Sub-Type Duplex

Property Description

Income-Producing Duplex with Pool - Fully Renovated & Short-Term Rental Ready!Welcome to your next investment! This beautifully renovated property features two fully equipped units, each with private laundry and modern upgrades throughout. Unit A offers 3 bedrooms, 2 bathrooms, and a private in-ground pool--a guest favorite. Unit B features 2 bedrooms and 2 bathrooms, plus a massive fenced backyard with endless potential--add a putting green, playground, firepit, or outdoor lounge space to increase rental appeal and income.Both units boast stylish white cabinetry, granite countertops, and durable tile plank flooring, creating a clean and cohesive look. Detached laundry rooms for each unit are conveniently located in the backyard.Whether you're looking to house hack, short-term rent, or add to your portfolio, this property delivers strong income potential in a desirable location!2024 Airbnb Gross Earnings $70,118.202025 Airbnb Gross Earnings $47,379.64 (to date) projected to be close to $100k with current bookings and projections.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Heating Electric

Cooling Central Air,Ceiling Fan(s),Electric

Furnishings Furnished

Fireplace No

Appliance Electric Oven,Refrigerator

Exterior

Parking Features Driveway

Fence Fenced,Privacy

Pool In Ground,Pool,Private

Community Features Short Term Rental Allowed

Utilities Available Cable Connected,Trash Collection

Private Pool Yes

Building

Dwelling Type Duplex

Architectural Style Duplex

Schools

Elementary Schools Hiland Park

Middle Schools Mowat

High Schools Bay

Others

Tax ID 12209-010-000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Listed As-Is

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