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Sold for $250,000 on 03/11/24
  • $250,000

    1005 Georgia Ave, Panama City, FL 32404

    4beds
    1,624sqft
    Duplex, Multi Family
    Built in 1958
    -- sqft lot
    $259,200 Zestimate®
    $154/sqft
    $1,472 Estimated rent

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    $1,472/mo

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    $1,472/mo

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    $1,322/mo

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    $1,322/mo

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    What's special

    This is a great investment residential duplex in east Panama City.This is a CBS block building with stucco finish and it has a metal roof installed in 2019. It is a two unit multifamily with 2 bedrooms and a single bath in each unit. The units are all ceramic tile with the exception of the bedrooms which have vinyl plank flooring. Spacious closets are in both units. Each unit has a spacious laundry room and the appliances include refrigerators, ranges, microwaves, washer and dryers. Additionally each unit is on separate utilities. The property is in nice condition and the owner reports of no known repairs are currently necessary.It has long time residents that are on month to month rentals. The building sits on over an acre of property measuring 150X300. There is a huge 24X32 barn on the rear of the property with plenty of room for storage. This is nice investment property with good cash flow potential. Although this is a duplex property it could easily be remodeled into a single family residence on a large property at a great price. Please call to show and allow a minimum of 24 hours notice to show.

    Zillow last checked: 8 hours ago

    Listing updated: December 02, 2025 at 12:33am

    Listed by:

    Bob L Douglas 850-596-4714,

    True Coastal Realty PLLC,

    Kim Douglas 850-258-3919,

    True Coastal Realty PLLC

    Bought with:

    Danny Burnett

    Keller Williams Success Realty

    Source: CPAR,MLS#: 751612MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: First
    • Dimensions: 12 x 10
    Bedroom
    • Level: First
    • Dimensions: 10 x 10
    Bedroom
    • Level: First
    • Dimensions: 12 x 10
    Bedroom
    • Level: First
    • Dimensions: 10 x 10
    Kitchen
    • Level: First
    • Dimensions: 11 x 7
    Kitchen
    • Level: First
    • Dimensions: 11 x 7
    Laundry
    • Level: First
    • Dimensions: 8 x 7
    Laundry
    • Level: First
    • Dimensions: 8 x 7
    Living room
    • Level: First
    • Dimensions: 15 x 12
    Living room
    • Level: Second
    • Dimensions: 15 x 12
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Separate Meters
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 1,624
    • Total interior livable area: 1,624 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Covered, Porch
    • Exterior features: Patio
    Lot
    • Size: 7,405 sqft
    • Dimensions: 50 x 150
    • Features: Paved
    Details
    • Parcel number: 07361000000
    • On leased land: Yes
    • Zoning description: City, Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1958

    Community & neighborhood

    Community
    • Community features: Short Term Rental Allowed
    Location
    • Region: Panama City
    • Subdivision: East Bay Park 2nd Add
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
    $259,200
    2% more+$5,184
    With Zillow Showcase(estimated)$264,384