$475,000
For Sale

2816 Panama Avenue #A&B

Panama City, FL 32405
2240 sqft | 5 beds | 4 baths | #775132
Browse 30 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

Income-Producing Duplex with Pool - Fully Renovated & Short-Term Rental Ready!Welcome to your next investment! This beautifully renovated property features two fully equipped units, each with private laundry and modern upgrades throughout. Unit A offers 3 bedrooms, 2 bathrooms, and a private in-ground pool--a guest favorite. Unit B features 2 bedrooms and 2 bathrooms, plus a massive fenced backyard with endless potential--add a putting green, playground, firepit, or outdoor lounge space to increase rental appeal and income.Both units boast stylish white cabinetry, granite countertops, and durable tile plank flooring, creating a clean and cohesive look. Detached laundry rooms for each unit are conveniently located in the backyard.Whether you're looking to house hack, short-term rent, or add to your portfolio, this property delivers strong income potential in a desirable location!2024 Airbnb Gross Earnings $70,118.202025 Airbnb Gross Earnings $47,379.64 (to date) projected to be close to $100k with current bookings and projections.

  • Property Details
      • Utility FeaturesCable Connected, Trash Collection
      • Pool FeaturesIn Ground, Pool, Private
      • SubdivisionSheffields 3rd Add
      • Short SaleListed As Is
      • Elementary SchoolHiland Park
      • Property TypePurchase
      • Original List Price$475,000
      • StyleDuplex
      • MLS #775132
      • Cost475000
      • Property SubtypeDuplex
      • MLS #775132
      • Structure TypeDuplex
      • Middle SchoolMowat
      • Square Feet2240
      • Year Built1977
      • High SchoolBay
      • CountyBay
      • Days on Market (Cumulative)11
      • Bedrooms5
      • Bathrooms4
      • Full Baths4
      • Pool1

Location

Michael Hyde | PitstopReal Estate Group
OR