Property Attributes
- MLS#1008075
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City
- AreaBay County
- NeighborhoodBAYVIEW ADDN
- Zip32401
- StyleFlorida Cottage
- Year Built1952
- Taxes$ 2335
- Price$ 189,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1652
- Lot Size0.2 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Investor opportunity in the St. Andrews area of Panama City. This 3-bedroom, 2-bath, one-story brick home is currently gutted and in the renovation process, but is being offered as-is and priced to sell. Located just two blocks from the bay, the property offers strong potential for a flip, rental, or long-term hold in a rapidly growing area near St. Andrews, downtown Panama City, dining, shopping, marinas, and the waterfront. With the right vision, this home has the potential to become a coastal-chic brick cottage with modern finishes, an open feel, and strong resale or rental appeal. Renovation has already begun, giving the next owner the opportunity to complete the project with their own design selections, layout preferences, and finish package. For investors or buyers planning to improve the property, certain renovation expenses may offer potential tax advantages depending on how the property is used, whether as a rental, investment property, or resale project. Buyers should consult their CPA or tax professional regarding possible deductions, depreciation, capital improvements, and other tax considerations. Great opportunity for an investor, builder, or buyer looking for a project with upside in a high-demand coastal market.
| Elementary School | Middle School | High School |
|---|---|---|
| Lucille Moore Elementary School | Jinks Middle School | Bay High School |
| Price History | |
|---|---|
| 7/20/2026 | Listed $189,000 |
General Features
| Utilities | Electric,Public Water |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | BAYVIEW ADDN |
| Status | Active |
| Buyer Financing | Conventional |
| Directions | From US-98E, turn right onto Michigan Ave, then right onto W 17th St. Home will be on the right. |
| High School | Bay |
| City | Panama City |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 8712 |
| Elementary School | Lucille Moore |
| Middle/Junior High School | Jinks |
| MLS Area Minor | 2704 - Bay - Central NW |
| Standard Status | Active |
| Sewer | Public Sewer |
| Cooling | Ceiling Fans |
| Architectural Style | Florida Cottage |
| Construction Materials | Brick |
| Year Built | 1952 |
| Stories Count | 1 |
| Tax Year | 2025 |
| New Construction | false |
| Total Rooms | 5 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
Interior Features
| Total Baths | 2 |
|---|---|
| Air Conditioning Y/N | true |
| Furnished Y/N | Furnished - None |
Exterior Features
| Lot Features | Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.2 |
| Lot Dimensions | 66 x 132 |
| Lot Size Acres | 0.2 |
| Exterior Amenities | Yard Building |
| Building Area Total | 1652 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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