BEDS3
BATHS2 full
SQUARE FEET1,329
MLS#784339
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONHarmon Plat
Property Description
Rare opportunity in the Cove, Panama City! Two-dwelling properties like this are hard to find. This already income-producing setup includes three structures total: The primary, front house, an entirely separate guest house (ADU), and a storage building with enough space for both homes. The upgrades, separate utility meters, proven rental history, and privacy fencing for each home makes this find ideal for investors, house hacking, multi-generational living, or versatile rental strategies! Just ½ mile from Harrison Avenue and downtown Panama City, you're right near the heart of a revitalized waterfront district filled with local shops, restaurants, breweries, galleries, and year-round community events along St. Andrews Bay. The front home is fully renovated (2023) and vacant, offering 2 bedrooms, 1 bathroom, and 859 sq. ft. Recent updates include a new A/C (2025, under warranty), impact skylight, appliances, washer & dryer, plumbing, flooring, blinds, a privately fenced yard, spacious off-street parking, and designated storage. Previously rented for $1,900 and $1750/month. The back home features 1 bedroom, 1 bathroom, and 470 sq. ft. , with a new split A/C (2026), covered patio, private fenced yard, and its own driveway with alley access - perfect for rental income, guests, office space, relative housing, or a private retreat for yourself. It's a versatile space ready to be tailored to your vision. It is currently income producing, bringing in a steady $900 per month. A third structure provides a dedicated laundry room for the back house plus a second room for additional storage, adding convenience and tenant appeal. Separate electric and water meters for each unit allow for streamlined management and true income potential. This property is essentially a 2-for-1 steal! Located in one of Panama City's most established and sought-after neighborhoods, this property blends character, convenience, and long-term value just minutes from downtown, the bay, and everything that makes the Cove so special! Come see for yourself.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s), Ductless, Multi Units, Se
Fenced: Yes
Heating: Central, Ductless, Electric
Home Style: Florida
Lot Size: 0.15 Acres
Roof Type: Composition, Shingle
Taxes: $3,730
Year Built: 1934
Amenities
Storage
Feature Descriptions
Appliances: Electric Oven, Electric Range, Electric Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 78
Exterior: Block, HardiPlank Type
Fencing: Fenced
Lot Dimensions: 50 x 130
Parcel#: 20253-000-000
Parking: Alley Access, Gravel
Parking Notes: Alley Access, Gravel
Patio/Porch: Covered, Porch
Sewer: Public Sewer
Units: 2
Room Sizes
Storage Room: 23 X 8 Level - First
Living Room: 12 X 17 Level - First
Kitchen: 9 X 7 Level - First
Full Bath: 7 X 5 Level - First
Bedroom: 12 X 9 Level - First
Laundry: 8 X 4 Level - First
Porch: 15 X 5 Level - First
Kitchen: 20 X 7 Level - First
Living Room: 17 X 9 Level - First
Bedroom: 12 X 9 Level - First
Bedroom: 16 X 13 Level - First
Full Bath: 9 X 5 Level - First
Local Schools
High School: Bay
Middle School: Jinks
Elementary School: Cherry Street
Listed By / Shown By
Listed By
Agency Name: Beachy Beach Real Estate
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,066.00 per month $667.67 Principal & Interest $310.83 Property Tax $87.50 Homeowner's InsuranceChange Payment Information
206 E 2nd Court, Unit A & B | MLS# 784339
This single family home located at 206 E 2nd Court, Unit A & B, Panama City, FL 32401 is currently listed for sale with an asking price of $299,999. This property was built in 1934 and has 3 bedrooms and 2 full baths with 1329 sq. ft. E 2nd Court, Unit A & B is located in the Harmon Plat subdivision. Search Harmon Plat real estate on www.realtymarkllc.com today.