Property
Beds
4
Full Baths
3
1/2 Baths
None
Year Built
1975
Sq.Footage
1,860
INVESTOR OPPORTUNITY IN THE HEART OF SOUTH LAGOON! Positioned between the Gulf of Mexico and Grand Lagoon, this duplex offers an exceptional opportunity to renovate, reposition, and maximize income potential in one of Panama City Beach's most sought-after areas. Featuring two units with a combined 4 bedrooms, 3 bathrooms, and approximately 1,868 square feet, this property is ideally located near beaches, marinas, Rick Selzer Park, boat ramp, restaurants, entertainment venues, and all that the South Lagoon area has to offer. Whether your vision is long-term rentals, seasonal occupancy, or a personal beach retreat with income-producing potential, the possibilities are abundant. The roof was replaced approximately five years ago, providing a valuable head start for future improvements. The property is being offered at appraised value that was determined by an appraiser in May 2026. The appraisal considered both the property's current condition and contractor estimate for needed repairs. For investors, builders, and buyers seeking a project in a prime location, opportunities like this are becoming increasingly difficult to find. Bring your vision and unlock the potential of this well-located duplex just minutes from the beach, boating, dining, and entertainment. Appraisal and repair-related information available upon request.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
3
-
Cooling YN
YES
-
Cooling
Central Air, Multi Units
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Parking Lot, Unpaved
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.11
-
Lot Size(square feet)
4356.0
-
Property Type
Residential
-
Property Sub Type
Duplex
-
Architectural Style
Duplex
Price
-
Sales Price
$335,000
-
Tax Amount
$2,670.04
-
Zoning
Resid Multi-Family
-
Sq. Footage
1, 860
-
Price/SqFt
$180
HOA
-
Association
No
School District
-
Elementary School
Patronis
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Stories
1
-
New Construction
NO
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Listing Courtesy of Barbara A Wade , Beachy Beach Real Estate
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REALTOR®
Ricky Robbins
Call Ricky today to schedule a private showing.
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