331 Maine AVE, Panama City, FL 32401
331 Maine AVE, Panama City, FL 32401
331 Maine AVE, Panama City, FL 32401
331 Maine AVE, Panama City, FL 32401
331 Maine AVE, Panama City, FL 32401
331 Maine AVE, Panama City, FL 32401
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$ 249,000
Est. payment | /mo

4 Beds

2 Baths

1,152 SqFt


Save
$ 249,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,152 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,152 sqft

Price per Sqft $216

Subdivision Welch Add

MLS Listing ID 795808

Style Bungalow

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1945

Annual Tax Amount $2,457

Tax Year 2025

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Single Family Residence

Property Description

HOT OPPORTUNITY FOR INCOME AND A BIG TAX BREAK, ALL IN ONE! Or enjoy the furnishings, appliances, decor, and accessories as an owner-occupant. EVERYTHING CONVEYS!

This versatile property, once a 4 BR 2 BA, has been converted to a 2-unit rental property that is perfect for short- or mid-term rental income or as a single-family main house/mother-in-law suite arrangement.

Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you're there!

This property has been rented only on Furnished Finder and by word of mouth. Seller states income for 2025 was $28,710!

WHY THIS PROPERTY IS AWESOME:
--Multiple possibilities for living/renting - especially as workforce housing for travel nurses, military, contractors, and others
--NEW METAL ROOF in 2026!
--Other updates/upgrades/repairs made recently. See attached documents.
--2 BR, 1 BA in front, 1 BR, 1 BA in back (or restore to 4/2 as noted above)
--Stated mid-term rental income of up to $1,700 for front unit, $1,600/mo for back unit - WOW!
--Full kitchen in front, efficient kitchenette in back
--SOLD FULLY FURNISHED!
--Fresh paint in main (front) unit
--Driveway parking for 4; boat parking is easy!
--HUGE backyard on this 75' x 200' lot. Make your own nature oasis with fruit trees or palms or put in a pickleball court, fire pit, and a pool!
--Close to Ascension Sacred Heart (Bay Medical), downtown PC, Eastern Shipbuilding, two marinas, Tyndall AFB, and walkable to Gene's Oyster Bar

See the full list of updates/upgrades/repairs in the attached DOCUMENTS section.

COME SEE THIS TODAY! OPEN FOR SHOWINGS ANY TIME!

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Heating Ductless, Electric

Cooling Ductless, Wall Unit(s)

Fireplace No

Appliance Electric Range, Electric Water Heater

Exterior

Community Features Short Term Rental Allowed

Utilities Available Electricity Available

Porch Covered, Porch

Private Pool No

Building

Sewer Public Sewer

Architectural Style Bungalow

New Construction No

Schools

Elementary Schools Cherry Street

Middle Schools Jinks

High Schools Bay

Others

Restrictions Short Term Rentals Allowed

Tax ID 22512-000-000

Special Listing Condition Listed As-Is

Listed by EXP Realty LLC

Nearby Locations

Jacquelyn Gore

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(615) 308-7885

jacquelyngore@simplihom.com

495 Grand Blvd #211, Miramar Beach, FL 32550, USA

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331 Maine AVE