BEDS4
BATHS2 full
SQUARE FEET1,152
MLS#784733
STATUSActive Under Contract
PROPERTY TYPEResidential - Single Family
SUBDIVISIONWelch Add
Property Description
***** UNDER CONTRACT - SELLER WILL CONSIDER BACKUP OFFERS ***** 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 property, once a 4 BR 2 BA, has been converted to a 2-unit rental property, perfect for short- or mid-term rental income or a single-family main house/mother-in-law suite arrangement. This property has been rented only on Furnished Finder and by word of mouth. Income for 2025 was $28,710! Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you're there. WHY THIS PROPERTY IS AWESOME: --Multiple possibilities for living/renting - especially as workforce housing for travel nurses, contractors, and others --2 BR, 1 BA in front, 1 BR, 1 BA in back --Proven 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! --Driveway parking for 4; boat parking is easy! --HUGE backyard on this 75' x 200' lot. Make your own nature oasis or put in a pool! --Close to Ascension Sacred Heart (Bay Medical), downtown PC, Eastern Shipbuilding, two marinas, Tyndall AFB, and Gene's Oyster Bar COME SEE THIS TODAY! OPEN FOR SHOWINGS ANY TIME!
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: 70
Exterior: Vinyl Siding
Lot Dimensions: 75x200
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
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Estimated Payment
$ 801.59 per month $527.68 Principal & Interest $204.75 Property Tax $69.15 Homeowner's InsuranceChange Payment Information
331 Maine Avenue | MLS# 784733
This single family home located at 331 Maine Avenue, Panama City, FL 32401 is currently listed for sale with an asking price of $237,100. 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.realtymarkllc.com today.