Introducing an exceptional investment opportunity in unincorporated Bay County , located west of Hwy. 79 and south of Hwy. 98! This listing features one of two duplexes, sold together as one package at $850,000, offering a total of 6 rooms, 2 full baths, and a combined 2596 sq ft. The first duplex boasts a total of 1320 sq ft. Unit A comprises a cozy 1 bedroom and 1 bath, while Unit B features 2 bedrooms and 1 bath - this is our feature unit and vacant for easy showing. Currently three are rented to long-term tenants, this duplex presents an ideal scenario for a quadplex configuration, allowing you to live in one unit while generating rental income from the others. Both units share a convenient onsite laundry area.
Situated just blocks away from the beach, these two duplexes are adjacent to each other and share an inviting in-ground pool across the .28 ac compound. The second duplex, situated at 327 Derondo Street (Parcel ID: 36063-009-000/MLS#:742882) , spans 1276 sq ft and mirrors the layout of the first duplex, with Unit A consisting of 1 bedroom and 1 bath, and Unit B offering 2 bedrooms and 1 bath. With its residential financial potential as a quadplex, this property is ideally suited for short-term rentals. Each unit features all-tile floors and a sturdy metal roof, ensuring durability and low maintenance.
Please note that the units are currently occupied, and showings must be scheduled in advance due to tenants, some of whom have pets onsite. However, we have provided a convenient 3D Matterport walk-through video tour for your viewing pleasure. Three of the units has its own rental income, with Unit A in the first duplex generating $900 per month under month-to-month, Unit A bringing in $850 month month-to-month in the second duplex and Unit B bringing in $1200 per month lease with 6 months remaining.
This unique investment opportunity is being offered as-is, with no survey or termite bond available. The owner has held the properties for 11 years and now seeks a simultaneous closing for both properties. Don't miss out on this chance to own two duplexes with significant income potential and proximity to the beach. Act now and seize this excellent investment opportunity! Offered at $850,000 for both duplexes.
Sold for $380,000 on 09/05/23
$380,000
326 Tanaga St #A & B, Panama City Beach, FL 32413
3beds
1,320sqft
Duplex, Multi Family
Built in 1986
-- sqft lot
$450,100 Zestimate®
$288/sqft
$2,055 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 11, 2025 at 10:10pm
Listed by:
Doshia A Myers 850-597-0300,
Redfin Corporation
Bought with:
Mike Vogel
Scenic Sotheby's International Realty
Source: CPAR,MLS#: 742881
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric, Other, See Remarks
Cooling
- Central Air, Ceiling Fan(s), Other, See Remarks, Window Unit(s)
Appliances
- Included: Microwave, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup
Features
- Breakfast Bar, Kitchen Island, Window Treatments
- Flooring: Tile
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
Property
Parking
- Parking features: Driveway, Golf Cart Garage, Paved
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Open, Porch, Screened
- Exterior features: Porch
- Pool features: Other
- Fencing: Fenced,Partial,Privacy
Lot
- Size: 6,098 sqft
- Dimensions: 50' x 125', Buyer to verify.
- Features: Additional Land Available, Dead End, Interior Lot, Level, Other, Paved
Details
- Parcel number: 36062010000
- On leased land: Yes
- Lease amount: $0
- Zoning description: County, Resid Multi-Family
- Special conditions: Listed As-Is,Other,See Remarks
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Block, Concrete
Condition
- Fixer
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Cable Connected, Phone Connected, Septic Available, Water Available, Water Connected
Community & neighborhood
Location
- Region: Panama City Beach
- Subdivision: Kiska Beach 1st Add
HOA & financial
HOA
- Has HOA: No
- Amenities included: Other, See Remarks, Beach Access
Other
Other facts
- Listing terms: Cash
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$450,100
2% more+$9,002
With Zillow Showcase(estimated)$459,102