1202 Pennsylvania Avenue, Lynn Haven, FL 32444 (MLS# 788463)

List Price/SqFt: 135.28

Status: Sold

List Date: 2026-04-16

List Price: $579,000

Current Price: $560,000

Sub Area: 0201 - Bay - Central NE

Community/Resort: None

Waterfront: No

Elementary School: Lynn Haven

Middle School: Mowat

High School: Mosley

Directions: Turn off of 77 Onto 12th st. Then, take the next available right turn and you have arrived at 1202

Area: 02 - Bay County - Central

Street #: 1202

Street Name: Pennsylvania

Street Suffix: Avenue

State: FL

Zip Code: 32444

County: Bay

Subdivision: Lynn Haven

Parcel ID: 10006-000-000

Legal Description: LYNN HAVEN 102C4 LOTS 1 & 2 & E 15' OF RR AVE ADJ SD LOTS BLK 208 ORB 4230 P 796

Design: N/A

Apx SqFt(Htd/Cooled): 4280

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 115 x 150

New Construction: No

Garage Y/N: No

Driveway Spaces: 5

Pool: No

Sub-Type: Quadplex Multi-Units

Bedrooms: 8

Full Baths: 4

Total Baths: 4

Year Built: 1998

HOA Fee: No

New Buyer Fee: No

Last Taxes: 4818

Last Tax Year: 2025

Brokerage Interest: Owner Outside Licensee - Owner is a licensed real estate broker or salesperson.

As Is: Yes

Remarks: Introducing a very rare opportunity in Lynn Haven; a true wealth-building asset at 1202 Pennsylvania Ave. This quadplex offers the perfect blend of lifestyle, location, and long-term financial upside. Whether you're a seasoned investor or a buyer looking to break into real estate the smart way, this property checks every box. Live in one unit and rent out the other three; ideal for VA and FHA buyers looking to offset their mortgage, build equity, and create immediate cash flow. Opportunities like this are few and far between in this market. Positioned in one of Bay County's most desirable and steadily growing communities, Lynn Haven continues to see strong demand driven by its proximity to Panama City, local employers, and the Gulf Coast. The area boasts a population of over 20,000 residents with consistent growth and a median household income around $80K-$83K, supporting a stable and reliable rental pool. Tenants and owners alike will appreciate the convenience; just minutes from shopping, dining, schools, parks, and everyday essentials. With an average commute of roughly 5 minutes in the area, residents enjoy both accessibility and a quieter, residential feel outside the busier beach zones. For investors, this is a strong addition to any portfolio with multiple income streams under one roof and long-term appreciation potential in a high-demand rental market. For owner-occupants, this is your chance to live nearly mortgage-free while your tenants help you build wealth month after month. Multi-family opportunities like this in Lynn Haven are extremely limited; don't miss your chance to secure a property that offers both financial freedom and everyday convenience.

Sold Price/SqFt: 130.84

Under Contract Date: 2026-04-21

Sold Date: 2026-05-20

Sold Price: $560,000

Floor - Hardwood: 1

Floor - Tile: 1

Foundation - Slab on Grade: 1

Roof - Composite Shngl: 1

Trim - Vinyl: 1

Balcony: 1

Fenced Lot-Part: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

Corner Lot: 1

City Street: 1

Additional Parking: 1

Parking Lot: 1

Mixed Use: 1

Bedroom: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Underground Utilities: 1

First: 1

Second: 1

Central Air: 1

Central: 1