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1016 12th Street
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PRICED AT ONLY: $513,000

Address: 1016 12th Street, Panama City, FL 32401

Description

Dual Home Family Retreat Near Beach Drive Live, Rent, or Both! Discover the perfect blend of family living and investment potential in this rare dual home property near Panama City's Beach Drive and St. Andrews. Ideal for multi generational families, those needing a mother in law suite, or buyers seeking income flexibility, this property offers space, comfort, and opportunity in one. Property Features: Two Homes, One Lot: Separate addresses for privacy or rental income. Front Home: 5 bed, 3 bath, spacious living areas, granite kitchen, and modern upgrades. Back Home: 2 bed, 2 bath cottage perfect for in laws, guests, or tenants. Bonus Space: 200+ sq ft garage area ready for a home office, extra bedroom, or entertainment room. Updated & Ready: Post Hurricane Michael roof, updated HVAC, new appliances, granite countertops, and irrigation system. Parking: Two car garage with rear alley access for convenience. Investment & Lifestyle Flexibility: Live in one home and rent the other for added income. Use the back home as a mother in law suite or short term rental. Convert the bonus space to boost rental value or expand family living. Prime Location: Steps from Beach Drive waterfront and St. Andrews dining and shops. Close to schools, library, and parks perfect for families. Central location with easy access to work, shopping, and recreation. With 7 bedrooms, 5 baths, and move in ready upgrades, this versatile property suits both family living and long term investment goals. Enjoy the flexibility to live, rent, or expand all within minutes of Panama City's coastal charm. Schedule your showing today and explore the possibilities!
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

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  • MLS#: 778925 ( Residential )
  • Street Address: 1016 12th Street
  • Viewed: 109
  • Price: $513,000
  • Price sqft: $139
  • Waterfront: No
  • Year Built: 1969
  • Bldg sqft: 3679
  • Bedrooms: 7
  • Total Baths: 5
  • Full Baths: 5
  • Garage / Parking Spaces: 2
  • Days On Market: 125
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Features
Building and Construction
  • Covered Spaces: 2.00
  • Fencing: Full, Fenced
  • Living Area: 0.00
  • Other Structures: GuestHouse, Workshop
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Northside
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking, AlleyAccess, DriveThrough
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Electric
  • Sewer: PublicSewer
  • Utilities: CableConnected, SewerAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricWaterHeater, IceMaker
  • Legal Description: CAROLINE ADD. UNIT #2 W1/2 LOT 3 & PARCEL 100' BY 115' ADJ W. SIDE BLK 5-A ORB 4176 P 1906
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 18868-000-000
  • Style: Duplex
  • The Range: 0.00
  • Views: 109

Contact Info

  1. Broker IDX Sites Inc.
  2. A Winning Team
Broker IDX Billing System