Sold

331 Maine Avenue, Panama City, FL 32401

Beds
4
Baths
2
Sqft
1,152

View property features, location on map, relevant school information and overview from seller's agent.

Listed byEXP REALTY LLC
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Overview

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

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

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

WHY THIS PROPERTY IS AWESOME:
--Multiple possibilities for living/renting - especially as workforce housing for travel nurses, contractors, and others
--2 BR, 1 BA in front, 1 BR, 1 BA in back
--Proven 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!
--Driveway parking for 4; boat parking is easy!
--HUGE backyard on this 75' x 200' lot. Make your own nature oasis or put in a pool!
--Close to Ascension Sacred Heart (Bay Medical), downtown PC, Eastern Shipbuilding, two marinas, Tyndall AFB, and Gene's Oyster Bar

COME SEE THIS TODAY! OPEN FOR SHOWINGS ANY TIME!

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
4
Number of bathrooms
2
Square feet
1,152
Lot size (acres)
0.34
Year built
1945

Utilities

Heating
Ductless, Electric
Cooling
Ductless, Wall unit(s)
Sewer
Public sewer

Taxes

Tax Annual Amount (2025)
$2,457

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Central Panhandle Association of REALTORS MLS®#: 784733

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Central Panhandle Association of REALTORS®. All Rights Reserved.