Investor Special Rare Multi Dwelling Opportunity in Prime Panama City Location!
Priced to sell and packed with potential, this unique property features three separate dwellings on approximately .30 acres, offering endless possibilities for savvy investors or multi generational living. With a combined 8 bedrooms and 4 total bathrooms, this is a rare chance to create strong rental income or a private family compound where everyone enjoys their own space.
Located just one block from MLK Jr. Blvd, a major thoroughfare, and a block from a brand new park, the property also sits minutes from Ascension Bay Hospital, one of the area's most renowned medical facilitiesmaking it highly desirable for tenants. A perfect location for traveling nurses, anesthesiologists and other medical professionals to rest between shifts at the hospitals! Centrally located to shopping, dining, and everyday conveniences, and just 15 minutes from Panama City Beach, this location checks every box.
While the homes do need work, they offer an excellent opportunity for renovation, conversion, or a full flip with significant upside. Whether you're looking to maximize cash flow, redevelop, or customize to your vision, this property delivers flexibility and long term value.
Highlights:
3 dwellings on approx. .30 acres
8 bedrooms / 4 bathrooms total
Ideal for rental income, flipping, or family compound
Near Ascension Bay Hospital
One block from new park & MLK Jr. Blvd
Central Panama City location
15 minutes to Panama City Beach
Opportunities like this don't come around oftenbring your vision and unlock the potential of this income producing property!
Investor Special Rare Multi Dwelling Opportunity in Prime Panama City Location!
Priced to sell and packed with potential, this unique property features three separate dwellings on approximately .30 acres, offering endless possibilities for savvy investors or multi generational living. With a combined 8 bedrooms and 4 total bathrooms, this is a rare chance to create strong rental income or a private family compound where everyone enjoys their own space.
Located just one block from MLK Jr. Blvd, a major thoroughfare, and a block from a brand new park, the property also sits minutes from Ascension Bay Hospital, one of the area's most renowned medical facilitiesmaking it highly desirable for tenants. A perfect location for traveling nurses, anesthesiologists and other medical professionals to rest between shifts at the hospitals! Centrally located to shopping, dining, and everyday conveniences, and just 15 minutes from Panama City Beach, this location checks every box.
While the homes do need work, they offer an excellent opportunity for renovation, conversion, or a full flip with significant upside. Whether you're looking to maximize cash flow, redevelop, or customize to your vision, this property delivers flexibility and long term value.
Highlights:
3 dwellings on approx. .30 acres
8 bedrooms / 4 bathrooms total
Ideal for rental income, flipping, or family compound
Near Ascension Bay Hospital
One block from new park & MLK Jr. Blvd
Central Panama City location
15 minutes to Panama City Beach
Opportunities like this don't come around oftenbring your vision and unlock the potential of this income producing property!
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
School Information
High School: Bay
Middle School: Mowat
School Elementary: Cedar Grove
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: CentralAir, WindowUnits
Heating: Other, RadiantFloor, SeeRemarks
Road Frontage Type: CityStreet
Sewer: PublicSewer
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: 2025
Trash Expense: 0.00
Other Features
Legal Description: SHADY HAVEN LOTS 15 & 16 BLK C ORB 4130 P 136 MAP 105B1
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