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Multi-Family: MLS #A12109539 Panama City, FL $ 650,000
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Multi-Family: MLS #A12109539
$ 650,000
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Multi-Family: MLS #A12109539

Panama City, FL, 32408
$ 650,000
Bedrooms-- Baths0.0 Sq 810

Monthly Estimate*

$ 4,489

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Multi-Family Home for sale in Panama City, FL

for $650,000. This 810 square foot home was built in 1999.

SELLER WILL PAY ALL CLOSING COSTS AND BUY DOWN THE CURRENT INTEREST RATE AND GIVE MONEY FOR ANY REPAIRS. Beachside duplex with two separate 2-bedroom, 1-bath residences, approximately 772 square feet each (1,544 total). Originally built in 1999. Prior 2026 listing describes remodeled interiors, luxury vinyl plank flooring, vaulted ceilings, newer metal roof, furnishings and laundry facilities in both units. Short-term rental use was advertised; independently verify licensing, zoning and rental restrictions. Previous marketing indicated unit 5711 leased through September 1, 2026; verify present occupancy. Located near Thomas Drive and Gulf beaches. Historical asking price $589,000 when withdrawn August 2026; no current list price verified.

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Multi-Family Active

Price

$ 650,000

Property Type

Multi-Family

Taxes

$ 5,178

Style

Year Built

1999

Town/City

Panama City

County/Region

Bay

MLS | Web ID

A12109539
Features
General
Sewer Other
Heating Central
Cooling Central Air
Utilities Cable Not Available
Possession Closing & Funding Close Of Escrow
Roof Other
Pool Features None
Construction Materials Other
Year Built 1999
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Bay
Property Type Residential Income
Subdivision Name BILTMORE BEACH
Rent Includes None
Special Listing Conditions Listed As-Is
Status Active
City Panama City
Zoning Description 08 / MULTI UNIT
MLS Area 5940 Florida Other
Lot Size Units Square Feet
Listing Terms Cash Cryptocurrency FHA VA Loan
Year Built Details Resale
Tax Annual Amount 5178
MLS Area Minor Other Geographic Area (Out Of Area Only)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12109539
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Duplex
Legal Description BILTMORE BEACH LOT 4 BLK L ORB 4572 P 1353
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Interior
Flooring Hardwood Wood
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Exterior Amenities Other
Lot Features < 1/4 Acre
Water Source Other
Total Parking 2
Building Area Total 1620
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Premier Elite Realty Inc.

Broker

alvinare3@gmail.com

Email

Affordability Calculator

$4,921
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$432
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/20/2026 $650,000 Listed Price

Map

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