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2122 Anne Avenue, Panama City, FL 32408

Panama City, FL 32408
  • 9 Beds
  • 6 Baths
  • 4,294 Sq Ft
  • 1980 Built
  • MLS 794136

About this home

**INVΕSΤΟR ΑLΕRT** Τhis piece of propertу on the Eаst end of the beach has so many options, making this perfect for your next investment! Almost .7 of an acre in the Upper Grand Lagoon area, with current Trailer Park land use, has five mobile homes on the property. Four are being rented to long term tenants under market value. The other could be remodeled or replaced because of the zoning. All are metered separately and pay their own electric and water. Leaving this property ''as is'' gives strong cash-flow opportunity. This would also make a great development opportunity. Currently, it could be developed as two duplexes, or with a development order could be changed to multi-family. Please do not disturb tenants. All measurements/information are approximate. Buyer to do their own due diligence.

Property details

Property typeMultiFamily
StatusActive
Area03 - Bay County - Beach
SubdivisionPines 3rd Add Replat
CityPanama City
CountyBay
Zip32408
Taxes$3,257
Tax year2025

Interior

Total rooms9
Full baths6

Exterior & lot

Lot size0.68 acres
Lot dimensions150.0 ft x 190.0 ft

Schools

ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold

Community

Community featuresShort Term Rental Allowed
DirectionsNorth on Anne Ave towards Hwy 98. Property will be on the right.

Data source: Central Panhandle Association of REALTORS®

Location

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