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  • Price$87,900
  • Beds3
  • Baths1
  • SQ. Feet1,031
  • Acres0.17
  • Built1940

341 N East Avenue, Panama City

ZONED MIXED USE (MU) FOR COMMERCIAL OR RESIDENTIAL!! This house is completely gutted as the photos may show, but what's more important is the $15,000 engineer plan the seller paid for with MK Weber Engineering LLC. The new plan shows a 3bed/2bath floor plan with additional square footage which changes the ARV of the house. This coupled with the house being on a large corner lot makes it a great investment!!!! This is a great opportunity for any seasoned investor to take on. The seller got an estimate of 75k to repair which is about $75 a square foot. The house and be resold anywhere $210-$225 a square which is an affordable price point for a lot of future buyers in this demographic.I CAN PROVIDE THE ENGINEER PLAN WITH NEW SQUARE FOOTAGE. BUYER CAN GET IT RE-CERTIFY WITH MK WEBER ENGINEERING. PROPERTY CAN BE ZONED FOR MIXED USE AS WELL!! THE HOUSE BEHIND IT IS FOR SALE SO BUY BOTH AND BUILD TWO FOURPLEX!!

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Essential Information

  • MLS® #752768
  • Price$87,900
  • Bedrooms3
  • Bathrooms1.00
  • Full Baths1
  • Square Footage1,031
  • Acres0.17
  • Year Built1940
  • TypeResidential
  • Sub-TypeDetached
  • StyleTraditional
  • StatusActive

Amenities

  • UtilitiesNone
  • FeaturesCorner Lot

School Information

  • ElementaryCherry Street
  • MiddleJinks
  • HighBay

Listing Details

  • Listing OfficeSalty Marlin Realty LLC

Community Information

  • Address341 N East Avenue
  • Area02 - Bay County - Central
  • SubdivisionPine Crest Add To Callaway
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32401

Exterior

  • Lot DescriptionCorner Lot

Additional Information

  • Date ListedFebruary 14th, 2024

Price Change History for 341 N East Avenue, Panama City, FL (MLS® #752768)

Date Details Price Change
Price Reduced $87,900 $100 (0.11%)
Active – –
Active Under Contract (from Active) – –
Price Increased (from $80,000) $88,000 $8,000 (10.00%)
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service