336 Gray Ave Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32401
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $116
Subdivision No Named Subdivision
MLS Listing ID 322278
Bedrooms 3
Full Baths 2
Year Built 1945
Annual Tax Amount $1,918
Tax Year 1918
Lot Size 0.273 Acres
Property Description
INVESTOR SPECIAL – 2 DOORS, 1 PRICE, HUGE UPSIDE This Panama City property is a true value-add opportunity with multi-income potential. Sitting on a multi-family lot, you'll find a fully functional 3BR/2BA main home that's rent-ready—plus two additional detached structures to be converted into a separate living with a great workshop or storage area. Whether you're building out a rental portfolio or looking for a project with strong equity upside, this setup delivers. The main house features original hardwood floors, paneled walls, a tiled master bath, and all major appliances already in place. Solid bones and city utilities make renovation straightforward. Located in-town and minutes to shopping, schools, and employers, this is an ideal location for long-term tenants. Live in one, rent the other, or bring in steady cash flow from both. Two units. One lot. Endless potential.
Location
State FL
Zoning City,Residential Single Family
Interior
Heating Central Electric,Window/Wall
Cooling Central Electric,Wall/Window Unit(s),Ceiling Fan(s)
Flooring Carpet,Tile,Wood
Laundry Washer/Dryer Hookup
Exterior
Exterior Feature Needs Work
Parking Features Driveway
Garage Spaces 4.0
Pool None
Utilities Available Cable Connected,Electricity Connected,Sewer Connected,Water Connected,Private Trash
Roof Type Shingle
Building
Lot Description Aerials/Topo Available,Survey Available
Story 2
Foundation Other
Sewer Public Sewer
Stories 2
Others
Virtual Tour https://tour.usamls.net/336-Gray-Ave-Panama-City-FL-32401/unbranded