2 Beds
2 Baths
796 SqFt
2 Beds
2 Baths
796 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 796 sqft
Price per Sqft $301
Subdivision [No Recorded Subdiv]
MLS Listing ID 794521
Style Duplex
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 2026
Annual Tax Amount $128
Tax Year 2025
Property Sub-Type Duplex
Property Description
Looking for an affordable way to add new construction to your rental portfolio? This brand-new duplex offers an excellent opportunity to generate cash flow with minimal maintenance.
Convenient Panama City Location
Located just one block off MLK Blvd near 15th Street, the property is close to shopping, employment, transportation, and everyday conveniences. The new MLK Recreation Center is just a stone's throw away, and a nearby bus stop is within easy walking distance.
PROPERTY FEATURES • Brand-new construction
• Two separate 1-bedroom / 1-bath units
• Estimated rent of approximately $1,300 per month per unit
• Approximately $2,600/month in combined projected rental income
• Durable Hardie® siding
• Quartz countertops
• Luxury vinyl plank (LVP) flooring
• Designed with low-maintenance rental ownership in mind
The efficient 1-bedroom floor plans are ideal for singles, couples, retirees, or anyone looking for an attractive new home with manageable monthly expenses.
EVEN MORE INCOME POTENTIAL
One of the biggest advantages of this property is the opportunity to expand the rental income.
The property has space for an additional accessory dwelling unit, and I already have a permitted plan available. For an additional fee, I can build the accessory unit for the buyer.
The additional unit is projected to rent for approximately $1,300 per month, potentially increasing total gross rental income to approximately:
$3,900 PER MONTH / $46,800 PER YEAR
That gives an investor the opportunity to purchase the duplex today and add another income-producing unit without having to start the planning process from scratch.
New construction. Low maintenance. Strong rental potential. Future expansion opportunity.
Call or message me for pricing, additional property details, rental projections, or information on adding the third unit.
Owner/Agent
Rental amounts are estimates only and are not guaranteed. Buyer should independently verify rental rates and investment performance.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Interior Features Tub Shower, Walk-In Closet(s)
Heating Ductless
Cooling Ceiling Fan(s), Ductless
Fireplace No
Appliance Electric Range, Electric Water Heater
Exterior
Community Features Short Term Rental Allowed
Utilities Available Electricity Available
Roof Type Metal
Private Pool No
Building
Dwelling Type Duplex
Sewer Public Sewer
Architectural Style Duplex
New Construction Yes
Schools
Elementary Schools Cedar Grove
Middle Schools Mowat
High Schools Bay
Others
Restrictions Short Term Rentals Allowed
Tax ID 16809-005-000
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "