Opportunity property with value add potential in Panama City. This 3 bedroom, 1 bath home offers 900 square feet on an oversized 0.309 acre lot inside city limits. The roof was replaced in 2019, providing a key structural update already completed.
The single story layout includes vinyl plank flooring, a functional living and dining area, built in bedroom storage, and a dedicated laundry space. A screened front porch adds covered outdoor space, while the detached one car garage is connected by a covered breezeway for convenient access.
The fenced backyard offers, generous depth, and room for future improvements or expansion. With no HOA restrictions and a large lot size, the property provides flexibility for renovation and long term upside.
Located near Downtown Panama City and St. Andrews Bay, this home offers convenient access to shopping, dining, parks, and waterfront amenities within Bay County. A strong opportunity in an established residential setting.
Conveniently located near everyday amenities, the property is approximately 1.2 miles from Downtown Panama City and about 1.1 miles from St. Andrews Bay access. Grocery options including Publix Super Market at Millville are approximately 0.8 miles away, with additional shopping and dining along 15th Street within roughly 1 to 1.5 miles. Oakland Terrace Park is approximately 0.6 miles away for outdoor recreation. Nearby schools include Cherry Street Elementary approximately 0.9 miles away, Rosenwald High School approximately 0.7 miles away, Jinks Middle School approximately 1.3 miles away, and Bay High School approximately 1.5 miles away.
Opportunity property with value add potential in Panama City. This 3 bedroom, 1 bath home offers 900 square feet on an oversized 0.309 acre lot inside city limits. The roof was replaced in 2019, providing a key structural update already completed.
The single story layout includes vinyl plank flooring, a functional living and dining area, built in bedroom storage, and a dedicated laundry space. A screened front porch adds covered outdoor space, while the detached one car garage is connected by a covered breezeway for convenient access.
The fenced backyard offers, generous depth, and room for future improvements or expansion. With no HOA restrictions and a large lot size, the property provides flexibility for renovation and long term upside.
Located near Downtown Panama City and St. Andrews Bay, this home offers convenient access to shopping, dining, parks, and waterfront amenities within Bay County. A strong opportunity in an established residential setting.
Conveniently located near everyday amenities, the property is approximately 1.2 miles from Downtown Panama City and about 1.1 miles from St. Andrews Bay access. Grocery options including Publix Super Market at Millville are approximately 0.8 miles away, with additional shopping and dining along 15th Street within roughly 1 to 1.5 miles. Oakland Terrace Park is approximately 0.6 miles away for outdoor recreation. Nearby schools include Cherry Street Elementary approximately 0.9 miles away, Rosenwald High School approximately 0.7 miles away, Jinks Middle School approximately 1.3 miles away, and Bay High School approximately 1.5 miles away.
Features
Building and Construction
Covered Spaces: 0.00
Fencing: ChainLink
Flooring: LuxuryVinylPlank
Living Area: 0.00
School Information
High School: Bay
Middle School: Jinks
School Elementary: Cherry Street
Garage and Parking
Garage Spaces: 1.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Other, SeeRemarks, WindowUnits
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
Appliances: ElectricRange
Legal Description: COVE TERRACE 3RD ADD. LOT 2 BLK C ORB 4326 P 891
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