Here's your chance to turn a solid investment into big returns. This 3-bedroom, 2-bath home with 1,535 sq ft is located just minutes from Andrews Bay, offering proximity to the water and all the benefits of Panama City living. The property needs to be fully gutted, providing a true blank slate for investors to redesign, modernize, and maximize value—ideal for both fix-and-flip or long-term rental strategies.
A major improvement is already in place with the roof updated in 2019, helping reduce upfront capital expenses. With a projected after-repair value of $250K-$255K and an estimated rehab budget of $70K-$80K, the numbers support strong upside potential. Conveniently located near Ascension Sacred Heart Bay, HCA Florida Gulf Coast Hospital, and Gulf Coast State College, this opportunity combines location, flexibility, and equity growth.
Don't miss the chance to own near the water and create instant value in a growing Panama City market.
Location not available
Exterior Features
Style AFrame
Construction Single Family
Garage No
Lot Dimensions 0*0
Interior Features
Year Built 1940
Neighborhood & Schools
Subdivision [No Recorded Subdiv]
Elementary School Parker
Middle School Rutherford Middle
High School Rutherford
Financial Information
Parcel ID 25547-000-000
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.