$399,000
Panama City, FL 32401
MLS# 782595
6 beds | 4 baths | 2634 sqft

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Property Description
This duplex presents a great investment opportunity with its dual-dwelling layout and desirable location. Each side offers 3 bedrooms, 1 full bath, and 1 half bath. It features an open living space flowing directly into the kitchen with updated countertops and ample storage. Its spacious design provides both privacy and versatility for each unit. Built in 2008 and fully remodeled in 2019--including roof, siding, HVAC systems, and more--this duplex is turnkey and ideal for investors. Unit A was previously leased for $1,695/month. Both units have private driveways as well as a patio space and back yard. Come check it out today!
Details
Maps
Contract Info
List Price/SqFt: 151.48
Status: Active
List Date: 2025-12-11
List Price: $399,000
Current Price: $399,000
Location
Unit #: A & B
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: Heading East on 15th Street, turn right onto Sherman Ave. Drive approx 0.8 miles and the property is on your left after passing E 8th St.
Area: 02 - Bay County - Central
Street #: 754
Street Name: Sherman
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Subdivision: Shermans 2nd Add
Parcel ID: 16119-000-000
Legal Description: SHERMAN'S 2ND ADD. 105A4 S 51' LOTS 1 ,2 & 3 BLK G ORB 4833 P 1505
General Property Info
Design: Duplex
Apx SqFt(Htd/Cooled): 2634
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 2
# of Stories in Building: 2
Lot Dimensions: 51 x 165
New Construction: No
Garage Y/N: No
Driveway Spaces: 2
Pool: No
Sub-Type: Duplex Multi-Units
Bedrooms: 6
Full Baths: 2
Total Baths: 4
Year Built: 2008
Listing Info, Tax and Legal
HOA Fee: No
Is Subject Leased: Yes
Rent/Mo: 1695
New Buyer Fee: No
Brokerage Interest: No Interest
Remarks & Misc
Remarks: This duplex presents a great investment opportunity with its dual-dwelling layout and desirable location. Each side offers 3 bedrooms, 1 full bath, and 1 half bath. It features an open living space flowing directly into the kitchen with updated countertops and ample storage. Its spacious design provides both privacy and versatility for each unit. Built in 2008 and fully remodeled in 2019--including roof, siding, HVAC systems, and more--this duplex is turnkey and ideal for investors. Unit A was previously leased for $1,695/month. Both units have private driveways as well as a patio space and back yard. Come check it out today!
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven - Electric: 1
Range - Electric: 1
Refrigerator: 1
Washer: 1
Interior Features
Floor - Tile: 1
Stairs: 1
Construction/Siding
Foundation - Slab on Grade: 1
Roof - Shingle/Shake: 1
Siding - Vinyl: 1
Existing Leases
1 or More Years: 1
Exterior
Patio Open: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Interior
Floor - Carpet: 1
Living Room
First: 1
Lot Access
City Street: 1
Parking Features
Driveway: 1
Paved: 1
Rooms
Bedroom: 1
Living Room: 1
Utilities
Public Sewer - Connected: 1
Public Water - Connected: 1
Bedroom
Second: 1
Cooling
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Property Features
Appliances: Dishwasher; Dryer; Microwave; Oven - Electric; Range - Electric; Refrigerator; Washer
Bedroom: Second
Cooling: Central Air; Electric
Heating: Central; Electric
Existing Leases: 1 or More Years
Exterior: Patio Open
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Interior: Floor - Carpet
Living Room: First
Lot Access: City Street
Parking Features: Driveway; Paved
Rooms: Bedroom; Living Room
Utilities: Public Sewer - Connected; Public Water - Connected
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | Second | 14 x 11 | 14.00 | 11.00 |
| Bedroom | Second | 13 x 11 | 13.00 | 11.00 |
| Bedroom | Second | 10 x 11 | 10.00 | 11.00 |
| Bedroom | Second | 14 x 11 | 14.00 | 11.00 |
| Bedroom | Second | 13 x 11 | 13.00 | 11.00 |
| Bedroom | Second | 10 x 11 | 10.00 | 11.00 |
| Living Room | First | 14 x 12 | 14.00 | 12.00 |
Listing Office: CENTURY 21 Commander Realty
Last Updated: June - 10 - 2026
Information deemed reliable but not guaranteed.
