$549,500
Panama City, FL 32401
MLS# 786389
5 beds | 4 baths | 2990 sqft
1 / 53
Property Description
THREE COVE HOUSES for the price of one! Rare chance to live in the main house and rent out the cottages for income or rent all 3 for a cash flow machine! Main home features 3 beds, 2 baths, 1 car garage with updated kitchen, appliances and bathroom. Cottages are each concrete block featuring 1 bed 1 bath. All 3 homes are currently tenant occupied. Homes boast an excellent location in the Cove and offer a modern feel without sacrificing the original charm.
Details
Maps
Contract Info
List Price/SqFt: 183.78
Status: Active
List Date: 2026-03-06
List Price: $549,500
Current Price: $549,500
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: Bunkers Cove
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: South on Cove Blvd, right on 3rd St, right on Allen Ave, home is on the right.
Area: 02 - Bay County - Central
Street #: 304
Street Name: Allen
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Subdivision: Sudduths 1st Add
Parcel ID: 20638-000-000
Legal Description: SUDDUTHS 1ST ADD LOTS 7,8 BLK 20A ORB 3626 P 1264 MAP 105C2
General Property Info
Design: N/A
Apx SqFt(Htd/Cooled): 2990
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 110 x 140
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Pool: No
Sub-Type: Triplex Multi-Units
Bedrooms: 5
Full Baths: 4
Total Baths: 4
Year Built: 1953
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2065
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: THREE COVE HOUSES for the price of one! Rare chance to live in the main house and rent out the cottages for income or rent all 3 for a cash flow machine! Main home features 3 beds, 2 baths, 1 car garage with updated kitchen, appliances and bathroom. Cottages are each concrete block featuring 1 bed 1 bath. All 3 homes are currently tenant occupied. Homes boast an excellent location in the Cove and offer a modern feel without sacrificing the original charm.
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Rooms
Bedroom: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Bedroom
First: 1
Property Features
Bedroom: First
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Rooms: Bedroom
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | First | 18 x 12 | 18.00 | 12.00 |
| Bedroom | First | 14 x 11 | 14.00 | 11.00 |
| Bedroom | First | 14 x 10 | 14.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 11 x 10 | 11.00 | 10.00 |
| Bedroom | First | 11 x 10 | 11.00 | 10.00 |
Listing Office: CENTURY 21 Commander Realty
Last Updated: May - 19 - 2026
Information deemed reliable but not guaranteed.