Excellent Investment Opportunity - Central Panama City Location - Owner Financing Available Here is your opportunity to purchase a well-maintained three bed, two bath townhome ideally located in one of Panama City's most convenient and high-demand areas. The home has been recently painted and features a solid interior condition with important updates, including a newer water heater and HVAC installed in recent years. Attractive curb appeal and a low-maintenance yard make this an appealing option for both long-term tenants and owner-occupants. This ideal three bedroom layout offers strong rental potential, supported by consistent demand in the surrounding area. Its central location places you just minutes from Panama City Beach, Historic St. Andrews, Beach Drive, the Bay County Courthouse, the public library, shopping, dining, and major employers-making it an ideal setting for long-term value and rental stability. Owner financing is available for qualified buyers, providing added flexibility. This property is ready for immediate occupancy or rental placement and stands out as a clean, turnkey option in a quickly developing part of Panama City. Inquire for all information!
Property Features
Bedrooms
- Bedrooms: 3
- Bedroom 1 Dimensions: 14' x 12'
- Bedroom 1 Level: First
Other Rooms
- Total Rooms: 3
- Great Room Dimensions: 20' x 14'
- Great Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- ElectricCooktop
- ElectricOven
- ElectricRange
- ElectricWaterHeater
Kitchen and Dining
- Kitchen Dimensions: 12' x 14'
- Kitchen Level: First
Land Info
- Land Lease: No
- Lot Size Acres: 0.08
- Lot Size Dimensions: 32' x 106'
- Lot Size Square Feet: 3354
Manufactured and Mobile Info
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- Elementary School: Lucille Moore
- High School: Bay
- Middle School: Jinks
Multi-Unit Info
Amenities and Community Features
- Community Features: ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 635
- Source Listing Status: Active
- County: Bay
- Directions: When driving east on beach drive, take left on Balboa, left on 11th Ct., house is halfway down street on left.
- Tax Year: 2024
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 02 - Bay County - Central
- Property Subtype: townhouse
- MLS Area Minor: 0203 - Bay - Central SW
- Source Neighborhood: No Named Subdivision
- Parcel Number: 18663-220-000
- Postal City: Panama City
- State Region: FL
- Subdivision: No Named Subdivision
- Property Subtype: Attached
Building and Construction
- Year Built: 1986
- Building Area Total: 1218
- Levels: One
- Living Area Source: Appraiser
- Property Age: 39
- Levels or Stories: 1
- Building Total Stories: 1
- Structure Type: Townhouse
Utilities