1016 W 12th St, Panama City, FL 32401

Dual-Home Family Retreat Near Beach Drive - Live, Rent, or Both! Discover the perfect blend of family living and investment potential in this rare dual-home property near Panama City's Beach Drive and St. Andrews. Ideal for multi-generational families, those needing a mother-in-law suite, or buyers seeking income flexibility, this property offers space, comfort, and opportunity in one. Property Features: Two Homes, One Lot: Separate addresses for privacy or rental income. Front Home: 5 bed, 3 bath, spacious living areas, granite kitchen, and modern upgrades. Back Home: 2 bed, 2 bath cottage — perfect for in-laws, guests, or tenants. Bonus Space: 200+ sq ft garage area ready for a home office, extra bedroom, or entertainment room. Updated & Ready: Post-Hurricane Michael roof, updated HVAC, new appliances, granite countertops, and irrigation system. Parking: Two-car garage with rear alley access for convenience. Investment & Lifestyle Flexibility: Live in one home and rent the other for added income. Use the back home as a mother-in-law suite or short-term rental. Convert the bonus space to boost rental value or expand family living. Prime Location: Steps from Beach Drive waterfront and St. Andrews dining and shops. Close to schools, library, and parks — perfect for families. Central location with easy access to work, shopping, and recreation. With 7 bedrooms, 5 baths, and move-in-ready upgrades, this versatile property suits both family living and long-term investment goals. Enjoy the flexibility to live, rent, or expand — all within minutes of Panama City's coastal charm. Schedule your showing today and explore the possibilities!