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Sold for $450,000 on 08/29/25
  • $450,000

    2816 N Panama Ave, Panama City, FL 32405

    5beds
    2,240sqft
    Duplex, Multi Family
    Built in 1977
    -- sqft lot
    $451,900 Zestimate®
    $201/sqft
    $1,446 Estimated rent

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    $1,446/mo

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    $1,446/mo

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    $2,801/mo

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    $2,801/mo

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    What's special

    Income-Producing Duplex with Pool - Fully Renovated & Short-Term Rental Ready! Airbnb Gross Earnings $70,118.20 in 2024 and Airbnb Gross Earnings in 2025 is already at $64,247.38 (through end of July)! Welcome to your next investment! This beautifully renovated property features two fully equipped units, each with private laundry and modern upgrades throughout. Unit A offers 3 bedrooms, 2 bathrooms, and a private in-ground pool--a guest favorite. Unit B features 2 bedrooms and 2 bathrooms, plus a massive fenced backyard with endless potential--add a putting green, playground, firepit, or outdoor lounge space to increase rental appeal and income.Both units boast stylish white cabinetry, granite countertops, and durable tile plank flooring, creating a clean and cohesive look. Detached laundry rooms for each unit are conveniently located in the backyard. Whether you're looking to house hack, short-term rent, or add to your portfolio, this property delivers strong income potential in a desirable location!

    Zillow last checked: 8 hours ago

    Listing updated: August 29, 2025 at 01:59pm

    Listed by:

    Morgan Benton 850-851-5508,

    EXP Realty LLC

    Bought with:

    Michelle Rydeski, SL3389739

    LPT Realty LLC

    Source: CPAR,MLS#: 775132MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Refrigerator
    Interior area
    • Total structure area: 2,240
    • Total interior livable area: 2,240 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Pool features: In Ground
    • Fencing: Fenced,Privacy
    Lot
    • Size: 0.43 Acres
    • Dimensions: 150 x 125
    • Features: Paved
    Details
    • Parcel number: 12209010000
    • Zoning description: City
    • 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
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, Trash Collection

    Community & neighborhood

    Location
    • Region: Panama City
    • Subdivision: Sheffields 3rd Add

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Paved
    Sell with ease on Zillow
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    $451,900
    2% more+$9,038
    With Zillow Showcase(estimated)$460,938