3911 E 11th St, Panama City, FL 32404
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3911 E 11th St, Panama City, FL 32404
3911 E 11th St, Panama City, FL 32404
3911 E 11th St, Panama City, FL 32404
3911 E 11th St, Panama City, FL 32404
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$ 499,000
Est. payment /mo
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3911 E 11th St Panama City, FL 32404

5 Beds

5 Baths

7,904 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,904 sqft

Price per Sqft $63

Subdivision No Named Subdivision

MLS Listing ID 328146

Style See Remarks

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N false

Year Built 1975

Lot Size 0.780 Acres

Lot Dimensions 33976.8

Property Sub-Type Detached Single Family

Property Description

Massive Income-Producing Opportunity or Multi-Generational Estate in Panama City! Welcome to 3911 E 11th Street, an incredibly rare find offering nearly 8,000 square feet of living space with unmatched flexibility and income potential! This unique property currently features two separate living areas (apartments), plus an additional flex space (currently used as a dog grooming business) and a large indoor workshop area, making it ideal for investors, entrepreneurs, or multi-generational living. With its layout and previous use, this property also has the potential to accommodate up to four separate units, offering even greater income-producing possibilities. One of the most impressive features of this home is the solar panel system that conveys with the sale, dramatically reducing operating costs. The current owner reports electric bills for heating and cooling the entire home at around just $40/month, providing exceptional long-term savings—especially for a property of this size. Adding even more value, this property was previously zoned for commercial/residential use and may have the potential to be reverted back (buyer to verify with local authorities). This opens the door to a wide range of possibilities, including operating a business on-site while maintaining 2–4 separate living areas, creating a true live/work income-producing setup. The roof was replaced in 2019 and upgraded to meet newer code requirements, featuring High Temp Fire & Ice underlayment. With its expansive layout, multiple living quarters, versatile flex space, dedicated workshop area, and energy-efficient features, this property is perfect for investors, entrepreneurs, or anyone needing space and flexibility. Conveniently located near shopping, dining, schools, Tyndall Air Force Base, and the beautiful Gulf Coast beaches, this property combines opportunity with location. Opportunities like this don't come around often, schedule your private showing today and explore the possibilities!

Location

State FL

Zoning Residential Single Family

Interior

Interior Features Needs Work, See Remarks, Storage

Heating Fireplace(s)

Inclusions SOLAR PANEL SYSTEM

Fireplace Yes

Appliance See Remarks

Exterior

Parking Features Carport, Driveway, Guest

Garage Spaces 10.0

Pool None

Utilities Available Electricity Connected, Sewer Connected, Water Connected, City Trash

Roof Type Metal

Garage No

Building

Lot Description See Remarks

Story 1

Foundation Slab

Sewer Public Sewer

Architectural Style See Remarks

Level or Stories 1

Stories 1

Floor Plan 1

Others

Virtual Tour https://tour.usamls.net/3911-E-11th-St-Panama-City-FL-32404/unbranded


Listed by Anchor Realty Florida

NEARBY SCHOOLS & PROPERTIES

Debbie Kirkland

Debbie Kirkland

Broker | License ID: BK3052075

+1(850) 212-0440

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3911 E 11th St