331 Maine Avenue , Panama City, FL 32401

$249,000
  • 331 Maine Avenue , Panama City, FL 32401 Main Photo

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Active
BEDS4 BATHS2 full SQUARE FEET1,152 MLS#795808
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONWelch Add

Property Description

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 versatile property, once a 4 BR 2 BA, has been converted to a 2-unit rental property that is perfect for short- or mid-term rental income or as a single-family main house/mother-in-law suite arrangement. Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you're there! This property has been rented only on Furnished Finder and by word of mouth. Seller states income for 2025 was $28,710! WHY THIS PROPERTY IS AWESOME: --Multiple possibilities for living/renting - especially as workforce housing for travel nurses, military, contractors, and others --NEW METAL ROOF in 2026! --Other updates/upgrades/repairs made recently. See attached documents. --2 BR, 1 BA in front, 1 BR, 1 BA in back (or restore to 4/2 as noted above) --Stated mid-term rental 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! --Fresh paint in main (front) unit --Driveway parking for 4; boat parking is easy! --HUGE backyard on this 75' x 200' lot. Make your own nature oasis with fruit trees or palms or put in a pickleball court, fire pit, and a pool! --Close to Ascension Sacred Heart (Bay Medical), downtown PC, Eastern Shipbuilding, two marinas, Tyndall AFB, and walkable to Gene's Oyster Bar See the full list of updates/upgrades/repairs in the attached DOCUMENTS section. COME SEE THIS TODAY! OPEN FOR SHOWINGS ANY TIME!

331 Maine Avenue | MLS# 795808

This single family home located at 331 Maine Avenue , Panama City, FL 32401 is currently listed for sale with an asking price of $249,000. This property was built in 1945 and has 4 bedrooms and 2 full baths with 1152 sq. ft. Maine Avenue is located in the Welch Add subdivision. Search Welch Add real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ductless, Wall Unit(s)
Heating: Ductless, Electric
Home Style: Bungalow
Lot Size: 0.34 Acres
Taxes: $2,457
Year Built: 1945

Feature Descriptions

Appliances: Electric Range, Electric Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 28
Exterior: Vinyl Siding
Lot Dimensions: 72.0 ft x 209.0 ft
Parcel#: 22512-000-000
Patio/Porch: Covered, Porch
Sewer: Public Sewer
Utilities: Electricity Available

Room Sizes

Bedroom: 9.1 X 10.2 Level - First
Bedroom: 13.1 X 15.7 Level - First
Bedroom: 9.5 X 15.4 Level - First
Bedroom: 9.4 X 9.6 Level - First

Local Schools

High School: Bay
Middle School: Jinks
Elementary School: Cherry Street

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 831.54 per month $554.17 Principal & Interest $204.75 Property Tax $72.63 Homeowner's Insurance

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