$182,900
Panama City, FL 32401
MLS# 789895
3 beds | 2 baths | 906 sqft

1 / 11
Property Description
Recently repositioned to a highly competitive price, this newly completed duplex unit offers exceptional value for both investors and first-time homebuyers. Price reflects one individual unit (one side of the duplex). Each unit has its own separate parcel, utilities, and individual ownership structure. Featuring 2 bedrooms, 2 bathrooms, plus a flexible bonus room ideal for an office, nursery, guest room, or small bedroom. Originally designed and built with long-term durability and low maintenance in mind, this property incorporates quality materials and construction standards well suited for both owner-occupants and rental investment purposes. Construction features include 2x6 exterior walls, 9-foot ceilings, and double-insulated 8-inch dividing walls for enhanced durability, energy efficiency, and sound reduction. Interior finishes include waterproof 12-mil LVP flooring, quartz countertops, plywood cabinetry, and modern fixtures throughout. The property also features a fully sodded yard and a concrete driveway with parking for 2 vehicles. Conveniently located near Tyndall AFB, shopping, schools, restaurants, and the beaches. All four units have recently entered the market. Contact listing agent for current availability and potential multi-unit purchase opportunities. Seller is motivated and willing to consider buyer incentives.
Details
Maps
Contract Info
List Price/SqFt: 201.88
Status: Active
List Date: 2026-05-14
List Price: $182,900
Current Price: $182,900
Location
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Rutherford Middle
High School: Rutherford
Directions: Directions from W 23rd Street to the Property on E 2nd Place, Panama City: Head east on W 23rd Street. Turn right onto US-231 S (also known as N Cove Blvd). Continue on US-231 S for about 2 miles. Turn left onto E 7th Street. Continue straight for about 0.5 mile, then turn right onto Sherman Avenue. Drive for approximately 0.7 miles, then turn left onto E 2nd Place.
Area: 02 - Bay County - Central
Street #: 3203
Street Direction: E
Street Name: 2nd
Street Suffix: Place
State: FL
Zip Code: 32401
County: Bay
Subdivision: Springfield
Parcel ID: 23817-010-000
Legal Description: SPRINGFIELD PLAT THE E 35' OF THE W1/2 OF LOT 7 AND THE E 35' OF THE W1/2 OF THE S 34' OF LOT 8 BLK 5 ORB 4778 P 1600
General Property Info
Acreage: 0.07
Design: Duplex
Lot Size (SqFt): 3049
Apx SqFt(Htd/Cooled): 906
Construction Status: Construction Complete
SqFt Source: Builders Plans
Lot Dimensions: 87.70x34.74
New Construction: Yes
Garage Y/N: No
Pool: No
Sub-Type: Attached Single Unit
Bedrooms: 3
Full Baths: 2
Total Baths: 2
Year Built: 2026
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 318
Last Tax Year: 2025
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
Remarks & Misc
Remarks: Recently repositioned to a highly competitive price, this newly completed duplex unit offers exceptional value for both investors and first-time homebuyers.
Price reflects one individual unit (one side of the duplex). Each unit has its own separate parcel, utilities, and individual ownership structure.
Featuring 2 bedrooms, 2 bathrooms, plus a flexible bonus room ideal for an office, nursery, guest room, or small bedroom.
Originally designed and built with long-term durability and low maintenance in mind, this property incorporates quality materials and construction standards well suited for both owner-occupants and rental investment purposes.
Construction features include 2x6 exterior walls, 9-foot ceilings, and double-insulated 8-inch dividing walls for enhanced durability, energy efficiency, and sound reduction.
Interior finishes include waterproof 12-mil LVP flooring, quartz countertops, plywood cabinetry, and modern fixtures throughout.
The property also features a fully sodded yard and a concrete driveway with parking for 2 vehicles.
Conveniently located near Tyndall AFB, shopping, schools, restaurants, and the beaches.
All four units have recently entered the market. Contact listing agent for current availability and potential multi-unit purchase opportunities.
Seller is motivated and willing to consider buyer incentives.
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven - Convection: 1
Furnished
Unfurnished: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Bedroom
First: 1
Property Features
Appliances: Dishwasher; Disposal; Microwave; Oven - Convection
Bedroom: First
Furnished: Unfurnished
Kitchen: First
Living Room: First
Rooms: Bedroom; Kitchen; Living Room
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | First | 10.8 x 12.4 | 10.80 | 12.40 |
| Kitchen | First | 14.8 x 7.8 | 14.80 | 7.80 |
| Living Room | First | 16.8 x 14.6 | 16.80 | 14.60 |
Listing Office: CostaBella Real Estate, LLC
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.
