$498,000
Panama City, FL 32408
MLS# 772201
4 beds | 2 baths | 1930 sqft
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Property Description
The Perfect Investment Opportunity! Duplexes like this, priced so attractively and located close to the beach, rarely come up for sale. This like-new 4Bed 2Bath duplex presents an incredible opportunity for first-time homebuyers and seasoned investors alike. Each unit features 2 spacious bedrooms and 1 bath, allowing you to live on one side while offsetting your mortgage with rental income from the other. This stunning property boasts an updated kitchen equipped with new stainless-steel appliances, a stylish countertop, and a modern kitchen sink. Enjoy new doors with black hinges and handles, a new water heater, and contemporary light fixtures throughout. The units feature new life-proof flooring throughout, a brand-new roof, updated bathroom vanities,toilets and sinks, and modern showers with sleek sliding doors.Feel secure with a new privacy fence and energy-efficient windows, as well as extra insulation in the attic for enhanced comfort. A smart thermostat enhances the modern living experience. Enjoy proximity to schools, entertainment, the beach, hospitals, pharmacies, and more. Ideal for investors, this duplex is perfect for Airbnb, long-term rentals, or any rental strategy you desire. For VA, FHA, or conventional buyers, this is an excellent way to start your investment journey, as your lender may consider potential rental income to help you qualify.Situated in a desirable location with NO HOA fees, this duplex is truly a hidden gem. Whether you're looking to make a smart investment or find the ideal multi-generational living arrangement, this property stands out as one of the best deals currently on the market. Don't miss out on this fantastic opportunity!
Details
Maps
Contract Info
Status: Active
List Date: 2025-04-19
List Price: $498,000
List Price/SqFt: 258.03
Current Price: $498,000
Location
Area: 03 - Bay County - Beach
Street #: 9020/9022
Street Name: Houston
Street Suffix: Street
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 - Beach - East
Subdivision: Merglewski Retreats
Community/Resort: None
Waterfront: No
Parcel ID: 30235-508-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: West on Hwy 98, left on Allison, right on Houston Street. House is on the left.
Legal Description: MERGLEWSKI RETREATS 58B2 LOT 8 ORB 4658 P 242
General Property Info
Sub-Type: Duplex Multi-Units
Design: Duplex
Apx SqFt(Htd/Cooled): 1930
SqFt Source: An Appraiser
Bedrooms: 4
Full Baths: 2
Total Baths: 2
Year Built: 2000
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 52x210
Acreage: 0.25
Lot Size (SqFt): 10890
Pool: No
Property Features
Appliances: Dishwasher; Oven - Electric; Range - Electric; Range Hood; Refrigerator
Cooling: Ceiling Fan(s); Central Air
Heating: Central; Electric
Exterior: Fenced Back Yard; Porch Covered
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Rooms: Bedroom; Family Room; Full Bathroom
Utilities: Electric 220/240; Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Multi-Family
Room Information
| Room Name | Dimensions | Length | Width | Dimensions |
| Bedroom | 12 x 10 | 12.00 | 10.00 | 12 x 10 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
| Family Room | 15 x 11 | 15.00 | 11.00 | 15 x 11 |
| Full Bathroom | 7 x 5 | 7.00 | 5.00 | 7 x 5 |
Listing Office: Keller Williams Success Realty
Last Updated: September - 22 - 2025
Information deemed reliable but not guaranteed.