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Bungalow

331 Maine Avenue

Panama City , FL 32401

MLS#: 784733

$237,500

Status: Active
Listing number: 784733
Listing provided by: EXP Realty LLC
Listing agent phone: None
Last update: 2 days ago
On site: 25 days ago
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Welch Add - Residential

Property

Beds

4

Full Baths

2

1/2 Baths

None

Year Built

1945

Sq.Footage

1,152

*****UNDER CONTRACT. SELLER WILL CONSIDER TAKING BACKUP OFFERS.***** HOT OPPORTUNITY FOR INCOME AND A BIG TAX BREAK, ALL IN ONE! Or enjoy the furnishings, appliances, decor, and accessories as an owner-occupant. EVERYTHING CONVEYS! This property, once a 4 BR 2 BA, has been converted to a 2-unit rental property, perfect for short- or mid-term rental income or a single-family main house/mother-in-law suite arrangement. This property has been rented only on Furnished Finder and by word of mouth. Income for 2025 was $28,710! Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you're there. WHY THIS PROPERTY IS AWESOME: --Multiple possibilities for living/renting - especially as workforce housing for travel nurses, contractors, and others --2 BR, 1 BA in front, 1 BR, 1 BA in back --Proven income of up to $1,700 for front unit, $1,600/mo for back unit - WOW! --Full kitchen in front, efficient kitchenette in back --SOLD FULLY FURNISHED! --Driveway parking for 4; boat parking is easy! --HUGE backyard on this 75' x 200' lot. Make your own nature oasis or put in a pool! --Close to Ascension Sacred Heart (Bay Medical), downtown PC, Eastern Shipbuilding, two marinas, Tyndall AFB, and Gene's Oyster Bar COME SEE THIS TODAY! OPEN FOR SHOWINGS ANY TIME!

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Ductless, Wall Unit(s)

  • Heating YN

    YES

  • Heating

    Ductless, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Patio and Porch Features

    Covered, Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.34

  • Property Type

    Residential

  • Property Sub Type

    SingleFamilyResidence

  • Architectural Style

    Bungalow

Price

  • Sales Price

    $237,500

  • Tax Amount

    $2,457

  • Zoning

    Resid Single Family

  • Sq. Footage

    1, 152

  • Price/SqFt

    $206

HOA

  • Association

    No

School District

  • Elementary School

    Cherry Street

  • Middle School

    Jinks

  • High School

    Bay

Property Features

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Cherry Street

Middle School

Jinks

High School

Bay

Listing Courtesy of January Johnson , EXP Realty LLC

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Agent Marilet Lancheros

AGENT

Marilet Lancheros

Call Marilet today to schedule a private showing.

(786) 503-4364

Marilet@gulflifego.com


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*****UNDER CONTRACT. SELLER WILL CONSIDER TAKING BACKUP OFFERS.***** HOT OPPORTUNITY FOR INCOME AND A BIG TAX BREAK, ALL IN ONE! Or enjoy the furnishings, appliances, decor, and accessories as an owner-occupant. EVERYTHING CONVEYS! This property, once a 4 BR 2 BA, has been converted to a 2-unit rental property, perfect for short- or mid-term rental income or a single-family main house/mother-in-law suite arrangement. This property has been rented only on Furnished Finder and by word of mouth. Income for 2025 was $28,710! Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you're there. WHY THIS PROPERTY IS AWESOME: --Multiple possibilities for living/renting - especially as workforce housing for travel nurses, contractors, and others --2 BR, 1 BA in front, 1 BR, 1 BA in back --Proven income of up to $1,700 for front unit, $1,600/mo for back unit - WOW! --Full kitchen in front, efficient kitchenette in back --SOLD FULLY FURNISHED! --Driveway parking for 4; boat parking is easy! --HUGE backyard on this 75' x 200' lot. Make your own nature oasis or put in a pool! --Close to Ascension Sacred Heart (Bay Medical), downtown PC, Eastern Shipbuilding, two marinas, Tyndall AFB, and Gene's Oyster Bar COME SEE THIS TODAY! OPEN FOR SHOWINGS ANY TIME!

331 Maine Avenue

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