Description
This home offers a rare opportunity to build your own equity in the center of town. The potential is incredible and it's waiting for someone with vision to bring it back to life. With NO HOA, this one has endless possibilities. Sitting proudly on a corner lot, this 2,540-square-foot home is a canvas waiting for vision. With four bedrooms, two and a half baths, two distinct living areas-one with vaulted beamed ceilings, a mother-in-law suite, and a carport, the bones are unmistakably generous. And in today's market, this type of square footage is hard to come by. The mother-in-law suite with it's own entrance, alone opens the door to a world of possibilities: multi-generational living, a long-term rental income stream, or a private guest retreat that makes every out-of-town visitor feel at home. Dual living areas give this floor plan a flexibility that newer builds simply can't replicate. Whether you're envisioning a formal sitting room paired with a casual family space, or a home office and entertainment hub, the layout works for the life you want to live. Looking for investment? This is it! Build your own equity and flip for maximum cash in your pocket right now or renovate, rent and hold it for a long term play on your investment portfolio. Rentals over 2,500 square feet with 4 bedrooms are in high demand in this area of town. The location is almost impossible to beat. You're moments from two Publix grocery stores, surrounded by convenient shopping and dining on 23rd Street and the master-planned community Sweet Bay, and within excellent proximity for schools that consistently earn top accolades. This is the kind of address that families actively seek out and are willing to pay a premium for once the right finishes are in place. Bring your contractor and bring your vision, because the investor who moves quickly on this one will be the investor who gets to write the story of what happens next. Post-renovation, a home of this size, suite configuration, and central Panama City location has the makings of serious equity. This is the kind that rewards those who saw the diamond in the rough! This home is being sold AS-IS.
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3BEDS
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0.39ACRES
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2BATHS
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11/2 BATHS
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2,450SQFT
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$109$/SQFT
School Information
Description
This home offers a rare opportunity to build your own equity in the center of town. The potential is incredible and it's waiting for someone with vision to bring it back to life. With NO HOA, this one has endless possibilities. Sitting proudly on a corner lot, this 2,540-square-foot home is a canvas waiting for vision. With four bedrooms, two and a half baths, two distinct living areas-one with vaulted beamed ceilings, a mother-in-law suite, and a carport, the bones are unmistakably generous. And in today's market, this type of square footage is hard to come by. The mother-in-law suite with it's own entrance, alone opens the door to a world of possibilities: multi-generational living, a long-term rental income stream, or a private guest retreat that makes every out-of-town visitor feel at home. Dual living areas give this floor plan a flexibility that newer builds simply can't replicate. Whether you're envisioning a formal sitting room paired with a casual family space, or a home office and entertainment hub, the layout works for the life you want to live. Looking for investment? This is it! Build your own equity and flip for maximum cash in your pocket right now or renovate, rent and hold it for a long term play on your investment portfolio. Rentals over 2,500 square feet with 4 bedrooms are in high demand in this area of town. The location is almost impossible to beat. You're moments from two Publix grocery stores, surrounded by convenient shopping and dining on 23rd Street and the master-planned community Sweet Bay, and within excellent proximity for schools that consistently earn top accolades. This is the kind of address that families actively seek out and are willing to pay a premium for once the right finishes are in place. Bring your contractor and bring your vision, because the investor who moves quickly on this one will be the investor who gets to write the story of what happens next. Post-renovation, a home of this size, suite configuration, and central Panama City location has the makings of serious equity. This is the kind that rewards those who saw the diamond in the rough! This home is being sold AS-IS.
© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Back Stage Realty. Vendor Member number: 28178. Data last updated: 2026-07-14T00:01:21.91.
Vendor Member #28178.