BEDS2
BATHS2 full
SQUARE FEET792
MLS#794618
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
INVESTORS WANTED -- BRAND-NEW INCOME-PRODUCING DUPLEX! Looking for an affordable way to add new construction to your rental portfolio? This brand-new duplex offers an excellent opportunity to generate cash flow with minimal maintenance. Convenient Panama City Location Located just one block off MLK Blvd near 15th Street, the property is close to shopping, employment, transportation, and everyday conveniences. The new MLK Recreation Center is just a stone's throw away, and a nearby bus stop is within easy walking distance. PROPERTY FEATURES ¢ Brand-new construction ¢ Two separate 1-bedroom / 1-bath units ¢ Estimated rent of approximately $1,300 per month per unit ¢ Approximately $2,600/month in combined projected rental income ¢ Durable Hardie® siding ¢ Quartz countertops ¢ Luxury vinyl plank (LVP) flooring ¢ Designed with low-maintenance rental ownership in mind The efficient 1-bedroom floor plans are ideal for singles, couples, retirees, or anyone looking for an attractive new home with manageable monthly expenses. EVEN MORE INCOME POTENTIAL One of the biggest advantages of this property is the opportunity to expand the rental income. The property has space for an additional accessory dwelling unit, and I already have a permitted plan available. For an additional fee, I can build the accessory unit for the buyer. The additional unit is projected to rent for approximately $1,300 per month, potentially increasing total gross rental income to approximately: $3,900 PER MONTH / $46,800 PER YEAR That gives an investor the opportunity to purchase the duplex today and add another income-producing unit without having to start the planning process from scratch. New construction. Low maintenance. Strong rental potential. Future expansion opportunity. Call or message me for pricing, additional property details, rental projections, or information on adding the third unit. Owner/Agent Rental amounts are estimates only and are not guaranteed. Buyer should independently verify rental rates and investment performance. See 1347 Mercedes Ave and 900 E 14th St for the additional properties.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Ductless
Heating: Ductless, Electric
Home Style: Duplex
Lot Size: 0.10 Acres
Roof Type: Metal
Year Built: 2026
Amenities
Tub Shower
Walk-In Closet(s)
Feature Descriptions
Appliances: Electric Range, Electric Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 4
Exterior: HardiPlank Type
Lot Dimensions: 87 x 48
Parcel#: 16809-002-000
Patio/Porch: Covered, Patio
Sewer: Public Sewer
Room Sizes
Living Room: 12 X 15 Level - First
Bedroom: 12 X 10 Level - First
Local Schools
High School: Bay
Middle School: Mowat
Elementary School: Cedar Grove
Listed By / Shown By
Listed By
Agency Name: JC Real Estate Group, LLC.
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 604.14 per month $534.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $70.00 Homeowner's InsuranceChange Payment Information
904 E 14th Street , Unit A-B | MLS# 794618
This multi-family property located at 904 E 14th Street , Unit A-B, Panama City, FL 32401 is currently listed for sale with an asking price of $240,000. Search Panama City real estate on www.realtymarkllc.com today.