$138,000
Panama City Beach, FL 32407
MLS# 776363
Status: Sold
2 beds | 2 baths | 1216 sqft
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Property Description
Investor Alert: Rare Beachside Opportunity with Built-In Equity Potential! Just a few blocks from the beach in a quiet, no-thru-traffic neighborhood, this oversized-lot property offers the perfect canvas for your next investment. With a little TLC, this home has the potential to shine—featuring a large kitchen, spacious bedrooms, a charming screened front porch, and well-maintained landscaping. The flexible layout can easily be reimagined into a 3-bedroom design, adding even more value. Public water and sewer are already in place (no septic), and with no HOA restrictions, the possibilities are wide open. Whether you're looking to renovate and resell, rent long-term, or create a personal beach retreat, this property checks all the boxes. Priced accordingly due to its cash-only status and the need for updates, this property offers a great opportunity in a highly desirable location just minutes from the Gulf.
Details
Maps
Contract Info
Status: Sold
List Date: 2025-07-17
List Price: $145,000
List Price/SqFt: 119.24
Current Price: $138,000
Location
Area: 03 - Bay County - Beach
Street #: 12502
Street Direction: E
Street Name: Erin Lea
Street Suffix: Lane
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0320 - Beach - Middle Central
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 34041-194-010
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Back Beach Road (Highway 98), turn onto Clara Avenue. Then, take a left onto Erin Lea Lane.The home will be approximately half a mile down on your left.
Legal Description: 27 3S 16W -2.25- 38A1 COM SW COR OF NW1/4 OF NE1/4 TH E 1270.42' N 93.75' TO R/W E 20' N 70' FOR POB CONT N 108.69' E 50' S 108.69' W 49.84' TO POB ORB 1607 P 883
General Property Info
Sub-Type: Mobile/Manufactured
Design: Single Wide
Apx SqFt(Htd/Cooled): 1216
SqFt Source: Prop App Site
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Year Built: 1995
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 50 x 109
Acreage: 0.12
Lot Size (SqFt): 5227
Pool: No
Status Change Info
Under Contract Date: 2025-08-01
Sold Date: 2025-08-13
Sold Price: $138,000
Sold Price/SqFt: 113.49
Sold Price/Acre: 1150000
Property Features
Appliances: Cooktop - Electric; Dishwasher; Oven - Electric
Bedroom: First
Cooling: None
Heating: None
Exterior: Porch Screened
Financing: Cash
Furnished: Unfurnished
Kitchen: First
Lot Features: Landscaped; Near Beach Access; Within 1/2 Mile to Water
Laundry: First
Other Structures: Shed(s)
Rooms: Bedroom; Kitchen; Laundry
Sale Type: As Is
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 8 x 8 | 8.00 | 8.00 | 8 x 8 |
| Laundry | First | 4 x 8 | 4.00 | 8.00 | 4 x 8 |
| Kitchen | First | 10 x 8 | 10.00 | 8.00 | 10 x 8 |
Listing Office: Coldwell Banker Realty
Last Updated: September - 05 - 2025
Information deemed reliable but not guaranteed.