$269,999
Panama City, FL 32405
MLS# 784202
Status: Under Contract - Taking Backups
4 beds | 2 baths | 1715 sqft

1 / 35
Property Description
*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* Back on the market to no fault of the Seller. While under contract, had $3,300 worth of compliance repairs executed. This dual-unit duplex presents a straightforward investment opportunity for those looking to add a functional, high-occupancy asset to their portfolio. Both sides (2004 & 2006) feature a practical 2-bedroom, 1-bathroom layout and received a targeted interior refresh in December 2025. These updates include brand-new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the units are clean and move-in ready. Each kitchen is equipped with a stove and a brand-new refrigerator. Each unit includes its own dedicated carport, private front porch, and individual laundry room with hookups; Unit 2006 also features a back door for easy yard access. This duplex includes a shed located in the backyard for extra storage. Location is a key highlight, as the property is conveniently nestled between Highway 98 and 23rd Street, just off Michigan Avenue. While Michigan Avenue is currently undergoing major water-main improvements, this infrastructure work promises significant long-term benefits for the area's value and utility. Situated on a low-traffic street in an established neighborhood, this property offers excellent flexibility for various investment strategies, as it can be purchased as a single parcel or as individual sides. Text listing agent for more information.
Details
Maps
Listing Info, Tax and Legal
Homestead: No
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2376
Last Tax Year: 2025
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 157.43
Status: Under Contract - Taking Backups
List Date: 2026-01-23
List Price: $269,999
Current Price: $269,999
Location
Unit #: Units 2004 and 2006
Sub Area: 0204 - Bay - Central NW
Community/Resort: None
Waterfront: No
Elementary School: Lucille Moore
Middle School: Jinks
High School: Bay
Directions: If coming from PCB:
Cross the Hathaway Bridge heading east on US-98 E.
Continue for 1.8 miles on US-98 E (W 15th St).
Turn left onto Michigan Ave and drive for 0.8 miles.
Turn left onto Drummond Avenue.
This duplex is second house on the right.
Area: 02 - Bay County - Central
Street #: 2004
Street Name: Drummond
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 27999-031-000
Legal Description: 35 3S 15W 41A DRUMMOND & WARE COM AT NE COR OF SEC S 1106.10 W 33' TO W R/W OF MICHIGAN AV S 283.67' W 105.03' FOR POB TH S 146.14' TO N R/W OF DRUMMOND AV W 98.59' N 146.23' E 99.77' TO POB ORB 1430 P 689
General Property Info
Acreage: 0.33
Design: Duplex
Lot Size (SqFt): 14593
Apx SqFt(Htd/Cooled): 1715
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
# of Units in Bldg: 2
Lot Dimensions: 100 x 146
New Construction: No
Garage Y/N: No
Covered Spaces: 2
Driveway Spaces: 4
Pool: No
Sub-Type: Duplex Multi-Units
Bedrooms: 4
Full Baths: 2
Total Baths: 2
Year Built: 1960
Remarks & Misc
Remarks: *CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* Back on the market to no fault of the Seller. While under contract, had $3,300 worth of compliance repairs executed. This dual-unit duplex presents a straightforward investment opportunity for those looking to add a functional, high-occupancy asset to their portfolio. Both sides (2004 & 2006) feature a practical 2-bedroom, 1-bathroom layout and received a targeted interior refresh in December 2025. These updates include brand-new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the units are clean and move-in ready. Each kitchen is equipped with a stove and a brand-new refrigerator. Each unit includes its own dedicated carport, private front porch, and individual laundry room with hookups; Unit 2006 also features a back door for easy yard access. This duplex includes a shed located in the backyard for extra storage.
Location is a key highlight, as the property is conveniently nestled between Highway 98 and 23rd Street, just off Michigan Avenue. While Michigan Avenue is currently undergoing major water-main improvements, this infrastructure work promises significant long-term benefits for the area's value and utility. Situated on a low-traffic street in an established neighborhood, this property offers excellent flexibility for various investment strategies, as it can be purchased as a single parcel or as individual sides. Text listing agent for more information.
Appliances
Cooktop - Electric: 1
Freezer: 1
Oven - Electric: 1
Range - Electric: 1
Refrigerator: 1
Water Heater - Electric: 1
Interior Features
Floor - Laminate: 1
Floor - Vinyl: 1
Construction/Siding
Brick: 1
Roof - Composite Shngl: 1
Exterior
Porch Covered: 1
Porch Open: 1
Other Structures
Shed(s): 1
Workshop: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Lot Features
Cleared: 1
Lot Access
Alley: 1
City Street: 1
Paved Road: 1
Parking Features
Alley Access: 1
Driveway: 1
Mstr Bath / Mstr Bdrm
MBath Shower/Tub Combo: 1
Rooms
Bedroom: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Utilities
Electricity - Connected: 1
Public Water - Connected: 1
Sale Type
As Is: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Multi Units: 1
Separate Meters: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Separate Meters: 1
Status Change Info
Under Contract Date: 2026-04-29
Property Features
Appliances: Cooktop - Electric; Freezer; Oven - Electric; Range - Electric; Refrigerator; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air; Electric; Multi Units; Separate Meters
Heating: Central; Electric; Heat Pump; Separate Meters
Exterior: Porch Covered; Porch Open
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Lot Features: Cleared
Lot Access: Alley; City Street; Paved Road
Parking Features: Alley Access; Driveway
Other Structures: Shed(s); Workshop
Rooms: Bedroom; Full Bathroom; Kitchen; Living Room
Sale Type: As Is
Utilities: Electricity - Connected; Public Water - Connected
Room Information
| Room Name | Dimensions | Length | Width |
| Living Room | 8.8 x 12 | 8.80 | 12.00 |
| Kitchen | 11.5 x 14 | 11.50 | 14.00 |
| Bedroom | 8.6 x 14.6 | 8.60 | 14.60 |
| Bedroom | 9.3 x 12.8 | 9.30 | 12.80 |
| Full Bathroom | 6.7 x 5 | 6.70 | 5.00 |
Listing Office: Golden Coast Real Estate LLC
Last Updated: May - 07 - 2026
Information deemed reliable but not guaranteed.
