$353,000
Panama City, FL 32401
MLS# 973669
Status: Sold
5 beds | 3 baths | 1688 sqft
1 / 56
Property Description
RARE OPPORTUNITY for a main house + additional unit or ''mother-in-law suite'' in a TERRIFIC location! Both units of this property have been short term rentals (2017 - 2022) and long term rentals (Dec 2022 - Dec 2024). The front house is completely furnished and ready to rent. The back house is unfurnished. Lots of possibilities here! --Live in one, rent out the other --Rent out both --Live in/rent out the main house and use the back unit as an office MAIN HOUSE: --3 BR, 1.5 BA --Approx 1,250 sq ft --Newly painted (Nov 2024) --Brand new furniture (2025) MIL SUITE: --2 BR, 1 BA --Approx 450 sq ft --New tub and shower (2025)
Details
Status Change Info
Sold Price/SqFt: 209.12
Status: Sold
Under Contract Date: 2025-04-24
Sold Date: 2025-06-13
Sold Price: $353,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 229.49
List Date: 2025-04-06
Current Price: $353,000
List Price: $387,387
Location, Tax and Legal
Sub Area: 2703 - Bay - Central SW
Elementary School: Northside
Middle School: Jinks
High School: Bay
Legal Description: CAROLINE ADD UNIT 2 LOT 6 BLK 5-A ORB 3871 P 1867
General Property Info
Sub-Type: Detached Single Family
Design: Florida Cottage
SqFt Source: Appraiser
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Pool: No
Pool Type: None
Apx SqFt(Htd/Cooled): 1688
Bedrooms: 5
Full Baths: 2
Half Baths: 1
Total Bathrooms: 3
# Stories: 1
Year Built: 1955
Garage Spaces: 1
Acreage: 0.26
Listing Info, Tax & Legal
Who Paid Title: Seller
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 3395
Last Tax Year: 2024
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes
Remarks & Misc
Remarks: RARE OPPORTUNITY for a main house + additional unit or ''mother-in-law suite'' in a TERRIFIC location!
Both units of this property have been short term rentals (2017 - 2022) and long term rentals (Dec 2022 - Dec 2024). The front house is completely furnished and ready to rent. The back house is unfurnished.
Lots of possibilities here!
--Live in one, rent out the other
--Rent out both
--Live in/rent out the main house and use the back unit as an office
MAIN HOUSE:
--3 BR, 1.5 BA
--Approx 1,250 sq ft
--Newly painted (Nov 2024)
--Brand new furniture (2025)
MIL SUITE:
--2 BR, 1 BA
--Approx 450 sq ft
--New tub and shower (2025)
Construction Status
Construction Complete: 1
Parking Features
Garage: 1
Lot/Parcel Access
City Road: 1
Lot Features
Within 1/2 Mile to Water: 1
Construction/Siding
Block: 1
Concrete: 1
Roof Composite Shngl: 1
Utilities
Public Sewer: 1
Public Water: 1
Zoning
Resid Single Family: 1
Exterior
Porch Open: 1
Interior
Floor Hardwood: 1
Floor Tile: 1
Guest Quarters: 1
Financing
Conventional: 1
FHA: 1
Energy
Ceiling Fans: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
First: 1
Living Room
First: 1
Full Bathroom
First: 1
Half Bathroom
First: 1
Rooms
Bedroom: 1
Dining Room: 1
Full Bathroom: 1
Half Bathroom: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Location Tax and Legal
Area: 27 - Bay County
Street #: 1000
Street Direction: W
Street Name: 12th
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Project Name/Subdivision: Caroline Add Unit 2
Parcel ID: 18871-000-000
Property Features
Construction Status: Construction Complete
Lot Features: Within 1/2 Mile to Water
Zoning: Resid Single Family
Parking Features: Garage
Exterior: Porch Open
Interior: Floor Hardwood; Floor Tile; Guest Quarters
Utilities: Public Sewer; Public Water
Energy: Ceiling Fans
Master Bedroom: First
Bedroom: First
Kitchen: First
Living Room: First
Full Bathroom: First
Half Bathroom: First
Rooms: Bedroom; Dining Room; Full Bathroom; Half Bathroom; Kitchen; Living Room; Master Bedroom
Financing: Conventional; FHA
Supplements
ADDITIONAL INFO:
--Utilities are connected with thermostat in the main house. Back house has window units for temperature control.
--Garage is shared and has two washers and two dryers
--Both units have separate entrances and are only connected through the garage.
--One-car garage provides great storage
--Small fenced backyard behind back house
--Storage shed in backyard conveys
Owner is a licensed REALTOR.
NO SELLER FINANCING/CREATIVE DEALS.
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Living Room | First | 11 x 23 | 11.00 | 23.00 | Flows to Eat-In Kitchen Area | 11 x 23 |
| Master Bedroom | First | 13.4 x 10.8 | 13.40 | 10.80 | King Bed w En Suite 1/2 Bath | 13.4 x 10.8 |
| Half Bathroom | First | 4 x 4 | 4.00 | 4.00 | En Suite to Master | 4 x 4 |
| Bedroom | First | 9 x 11 | 9.00 | 11.00 | Queen Bed | 9 x 11 |
| Full Bathroom | First | 5 x 7 | 5.00 | 7.00 | Tub/Shower Combo | 5 x 7 |
| Bedroom | First | 10 x 8.7 | 10.00 | 8.70 | Queen Bed | 10 x 8.7 |
| Kitchen | First | 12.9 x 9.6 | 12.90 | 9.60 | Stainless Appliances | 12.9 x 9.6 |
| Dining Room | First | 9 x 9 | 9.00 | 9.00 | Eat-in Area Adjacent to Kitchen | 9 x 9 |
| Living Room | First | 10.6 x 19.8 | 10.60 | 19.80 | MIL Suite Living/Dining/Kitchen | 10.6 x 19.8 |
| Bedroom | First | 9 x 10.5 | 9.00 | 10.50 | MIL Suite Front BR | 9 x 10.5 |
| Full Bathroom | First | 4.8 x 8 | 4.80 | 8.00 | MIL Suite Full Bath | 4.8 x 8 |
| Bedroom | First | 9 x 11.8 | 9.00 | 11.80 | MIL Suite Back BR | 9 x 11.8 |
Listing Office: EXP Realty LLC
Last Updated: June - 19 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
