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$499,000

Est. payment - /mo

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5 Beds

5 Baths

8,104 SqFt

Active

3911 E 11th ST Panama City, FL 32404

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

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Lee Ann Swartzentruber

leeann@epique.me +1(850) 774-3186

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 8,104 sqft

Price per Sqft $61

Subdivision No Named Subdivision

MLS Listing ID 789143

Style Other

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1975

Annual Tax Amount $3,240

Tax Year 2025

Lot Size 0.780 Acres

Acres 0.78

Property Sub-Type Single Family Residence

Property Description

Massive Income-Producing Opportunity or Multi-Generational Estate in Panama City! Welcome to 3911 E 11th Street, an incredibly rare find offering nearly 8,000 square feet of living space with unmatched flexibility and income potential! This unique property currently features two separate living areas (apartments), plus an additional flex space (currently used as a dog grooming business) and a large indoor workshop area, making it ideal for investors, entrepreneurs, or multi-generational living. With its layout and previous use, this property also has the potential to accommodate up to four separate units, offering even greater income-producing possibilities. One of the most impressive features of this home is the solar panel system that conveys with the sale, dramatically reducing operating costs. The current owner reports electric bills for heating and cooling the entire home at around just $40/month, providing exceptional long-term savings--especially for a property of this size. Adding even more value, this property was previously zoned for commercial/residential use and may have the potential to be reverted back (buyer to verify with local authorities). This opens the door to a wide range of possibilities, including operating a business on-site while maintaining 2-4 separate living areas, creating a true live/work income-producing setup. The roof was replaced in 2019 and upgraded to meet newer code requirements, featuring High Temp Fire & Ice underlayment. With its expansive layout, multiple living quarters, versatile flex space, dedicated workshop area, and energy-efficient features, this property is perfect for investors, entrepreneurs, or anyone needing space and flexibility. Conveniently located near shopping, dining, schools, Tyndall Air Force Base, and the beautiful Gulf Coast beaches, this property combines opportunity with location. Opportunities like this don't come around often, schedule your private showing today and explore the possibilities!

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Heating Central, Ductless, Electric

Cooling Central Air, Ductless, Varies by Unit, Window Unit(s)

Fireplace No

Exterior

Parking Features Additional Parking

Fence Fenced

Utilities Available Electricity Available, Phone Connected

Accessibility Customized Wheelchair Accessible

Porch Covered, Patio

Private Pool No

Building

Lot Description Paved

Story 1

Entry Level One

Sewer Public Sewer

Architectural Style Other

Level or Stories One

New Construction No

Schools

Elementary Schools Cedar Grove

Middle Schools Rutherford Middle

High Schools Rutherford

Others

Restrictions No Short Term Rentals

Tax ID 15029-062-000

Security Features Closed Circuit Camera(s)

Financing Seller Financing

Special Listing Condition Listed As-Is

Listed by Anchor Realty Florida

NEARBY SCHOOL & BUSINESS

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Lee Ann Swartzentruber

Licensed FL Agent / Team Lead | License ID: 3285613

+1(850) 774-3186

3911 E 11th ST Panama City, FL 32404

Lee Ann Swartzentruber

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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3911 E 11th ST