$240,000
Panama City Beach, FL 32413
MLS# 789386
3 beds | 2 baths | 1226 sqft

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Property Description
NEEDS A CASH, QUICK CLOSE OFFER ASAP! This three-bedroom, two-bathroom brick home offers a huge investment opportunity on a prime corner lot in the highly sought-after west end of Panama City Beach. It features a large, fenced yard and single-car garage with a newer HVAC. It has been tenant-occupied for years and needs renovations. There was a plumbing overflow on approx May 3 and those areas need immediate water remediation. The power is currently off, making this a project for a buyer looking to capitalize on a property with great potential in a high-demand area. The location is exceptional, situated just a third of a mile from local amenities and about a mile from the shopping, dining, and entertainment at Pier Park. Coastal living is convenient with Public Beach Access only a mile away, and the neighborhood is golf-cart friendly - allowing for easy trips to Frank Brown Park or North Pier Park. Strategically positioned, the home is also a short drive from the new hospital and ECP Airport. This community offers the coastal lifestyle without the fees of an HOA. No short-term rentals are allowed. With renovated comparable homes in the immediate area selling for $325K+, this property has significant upside for those ready to provide the necessary repairs. This home is being sold as-is and all cash offers are considered. Schedule your showing today.
Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2650
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Contract Info
List Price/SqFt: 195.76
Status: Active
List Date: 2026-05-04
List Price: $240,000
Current Price: $240,000
Location
Sub Area: 0321 - Beach - North Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From 79 S right before 98, turn left on Escanaba. Home is at corner of Escanaba and Porter
Area: 03 - Bay County - Beach
Street #: 119
Street Name: Escanaba
Street Suffix: Avenue
State: FL
Zip Code: 32413
County: Bay
Subdivision: Gulf Highlands
Parcel ID: 33033-050-000
Legal Description: GULF HIGHLANDS LOTS 1 & 2 BLK H ORB 4451 P 867 MAP 29B1
General Property Info
Acreage: 0.22
Design: Ranch
Lot Size (SqFt): 9583
Apx SqFt(Htd/Cooled): 1226
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 85x120
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 3
Full Baths: 2
Total Baths: 2
Year Built: 1978
Remarks & Misc
Remarks: NEEDS A CASH, QUICK CLOSE OFFER ASAP! This three-bedroom, two-bathroom brick home offers a huge investment opportunity on a prime corner lot in the highly sought-after west end of Panama City Beach. It features a large, fenced yard and single-car garage with a newer HVAC. It has been tenant-occupied for years and needs renovations. There was a plumbing overflow on approx May 3 and those areas need immediate water remediation. The power is currently off, making this a project for a buyer looking to capitalize on a property with great potential in a high-demand area.
The location is exceptional, situated just a third of a mile from local amenities and about a mile from the shopping, dining, and entertainment at Pier Park. Coastal living is convenient with Public Beach Access only a mile away, and the neighborhood is golf-cart friendly - allowing for easy trips to Frank Brown Park or North Pier Park. Strategically positioned, the home is also a short drive from the new hospital and ECP Airport. This community offers the coastal lifestyle without the fees of an HOA. No short-term rentals are allowed.
With renovated comparable homes in the immediate area selling for $325K+, this property has significant upside for those ready to provide the necessary repairs. This home is being sold as-is and all cash offers are considered. Schedule your showing today.
Furnished
Unfurnished: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Showing
ShowingTime: 1
Utilities
Public Water - Connected: 1
Bedroom
First: 1
Property Features
Bedroom: First
Furnished: Unfurnished
Kitchen: First
Living Room: First
Rooms: Bedroom; Kitchen; Living Room
Showing: ShowingTime
Utilities: Public Water - Connected
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Living Room | First | 1 x 1 | 1.00 | 1.00 | Buyer to Measure |
| Kitchen | First | 1 x 1 | 1.00 | 1.00 | Buyer to Measure |
| Bedroom | First | 1 x 1 | 1.00 | 1.00 | Buyer to Measure |
Listing Office: Coldwell Banker Realty
Last Updated: May - 05 - 2026
Information deemed reliable but not guaranteed.
