Two-Unit Duplex with Separate
2432 Valley Oak Court A&B Panama City Beach, FL 32408
2432 Valley Oak Court A&B, Panama City Beach, FL, 32408
$475,000
For Sale
$475,000
MULTI_FAMILY - Other - Panama City Beach, FL
Property Size2,196 SF
Price / SF$216.30
Days on Market213
Property Features for 2432 Valley Oak Court A&B
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 2
- Patio and Porch features
- Patio
- Exterior features
- Patio
- Fencing
- Fenced
- Appliances
- ElectricRange, ElectricWaterHeater
- Standard status
- Active
- APN
- 30167-808-000
- Size
- 2,196 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- NORTH LAGOON OAKS 7TH ADD. LOT 2 BLK D ORB 4713 P 2049
- Tax Annual Amount
- 5054
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 2019
- Building materials
- HardiplankType
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
EXP Realty LLC
(888) 883-8509
10752 Deerwood Park Blvd Suite 100, Jacksonville, FL
Listed by
Team Don and Bubba
(850) 624-8433
Added: Dec 16, 2025 Checked: Jul 17 at 8:06 am
MLS# 782721
Listing URL
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a well-designed two-unit duplex containing Unit A and Unit B. Each unit features 2 bedrooms and 2 bathrooms, creating a functional layout for renters or for an owner-occupant planning to live in one side while renting the other. A key feature of the property is separate power and water meters for both units, supporting true independence in daily utility usage.
The property is located on North Lagoon in Panama City Beach. Public remarks indicate a roughly 2-minute drive to the beach and approximately 15 minutes to Pier Park, which is described as an area for shopping, dining, and entertainment.
Both Unit A and Unit B are currently occupied, providing immediate rental income from day one. For buyers evaluating a small multifamily setup, the combination of mirrored 2-bedroom, 2-bath configurations and separately metered utilities can simplify management and support flexibility in how the property is used going forward. For owner-occupants, the duplex layout allows for shared property ownership while maintaining separate living arrangements for each unit.
The property is located on North Lagoon in Panama City Beach. Public remarks indicate a roughly 2-minute drive to the beach and approximately 15 minutes to Pier Park, which is described as an area for shopping, dining, and entertainment.
Both Unit A and Unit B are currently occupied, providing immediate rental income from day one. For buyers evaluating a small multifamily setup, the combination of mirrored 2-bedroom, 2-bath configurations and separately metered utilities can simplify management and support flexibility in how the property is used going forward. For owner-occupants, the duplex layout allows for shared property ownership while maintaining separate living arrangements for each unit.
Key Highlights
- 2‑unit property built in 2019 with each unit offering 2 bedrooms and 2 bathrooms
- Both units are currently occupied, providing immediate income from day one
- Separate power and water meters for Unit A and Unit B for fully independent living
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.6k | $16.20 |
| − Vacancy | −$2.2k | −$1.00 |
| EGI | $33.4k | $15.20 |
| − OpEx | −$10.0k | −$4.56 |
| NOI | $23.4k | $10.64 |
2,196 SF · lease $16.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$333.8K
$292.1K – $389.4K
NOI $23,366 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$305.9K
$267.6K – $356.9K
NOI $21,411 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$639.8K
$559.9K – $746.5K
NOI $44,789 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two occupied units offer independent living with separate power and water meters near the beach and Pier Park.
Where is this duplex located?
The property is located at 2432 Valley Oak Court A&B Panama City Beach, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2‑unit property built in 2019 with each unit offering 2 bedrooms and 2 bathrooms; Both units are currently occupied, providing immediate income from day one; Separate power and water meters for Unit A and Unit B for fully independent living
