7024 mike lane

Panama City, FL 32404

3 BEDS 2-Full BATHS
0.34 AC LOT
Residential - Single Family
Image 1
Bedrooms 3
Total Baths 2
Full Baths 2
Acreage 0.34
Status Off Market
MLS # 785044
County Bay
More Info
Category Residential - Single Family
Status Off Market
Acreage 0.34
MLS # 785044
County Bay
Rare opportunity to acquire a solid brick property at just $107 per square foot with major improvements already completed. This 2,102 sq ft total includes a 1,705 sq ft main home plus a 397 sq ft MIL area. Big-ticket items are already done: roof (2019), gas A/C (2019), gas water heater (2019), updated electrical panel, windows & slider (2017). Both the main home and MIL area are brick construction, adding long-term durability and lower maintenance costs. The property features a 320 sq ft Florida room (40x8) with windows—half enclosed and half screened—providing additional flex space not reflected in standard living square footage. Interior renovations are partially completed, allowing an investor to step in and finish with minimal disruption. Flooring has already been replaced throughout (only a few LVP pieces remain). The master shower was fully tiled in 2021, and the guest bath flooring has been newly tiled. The MIL area is already equipped with water, electrical, sheetrock, ceiling lights, and window A/C. Perfect for fix-and-flip, long-term rental, or multi-generational income strategy. With strong bones, updated systems, and a low price per square foot, this property offers exceptional upside for the right investor or family looking to make this home their own!
Location not available
Listing
Street
Satellite

Exterior Features

  • Style Ranch
  • Construction Single Family
  • Siding Brick
  • Exterior Patio
  • Roof Shingle
  • Garage Yes
  • Lot Dimensions 100x150

Interior Features

  • Appliances GasCooktop, GasOven, GasWaterHeater
  • Heating Central, NaturalGas
  • Cooling CentralAir
  • Year Built 1975

Neighborhood & Schools

  • Subdivision [No Recorded Subdiv]
  • Elementary School Parker
  • Middle School Rutherford Middle
  • High School Rutherford

Financial Information

  • Parcel ID 06989-308-000

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.