Panama City Triplex Opportunity

422 N Macarthur Avenue, Panama City, FL 32401

View on Map

Pending

$150,000

MULTI_FAMILY - Panama City, FL

Property size:

1,915 SF

Lot size:

0.20 Acres

HighLights

422 N MacArthur Avenue in Panama City, built in 1940.
Currently under contract; seller is accepting backup offers.
Property is currently being taken down to the studs for a blank‑canvas renovation.
Previously configured as a 3‑bedroom, 3‑bath triplex.

We can help!

Listing Contact

Chris M Shelton

Pending

$150,000

MULTI_FAMILY - Panama City, FL

Property size:

1,915 SF

Lot size:

0.20 Acres

Added:: Apr 3, 2026
Days on Market:: 74
Last Refresh:: Jun 15 at 2:06 am

Property Features for 422 N Macarthur Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 3
Bathrooms: 3
Rooms: Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Dining Room, Bathroom 1, Bedroom 2
Standard status: Pending
APN: 21103-000-000
Size: 1,915 SF
Lot size: 0.20 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: SUDDUTH'S 10TH ADD LOT 12 BLK 74 ORB 4064 P 1332
Tax Annual Amount: 1905

Building Details

Year built: 1940

We can help!

Listing Contact

Chris M Shelton

Listing agent Chris M Shelton

Listing office Beachy Beach Real Estate 213 Harrison Avenue, Panama City Beach, FL

Listing date Apr 3, 2026

MLS# 788019 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.

HighLights

422 N MacArthur Avenue in Panama City, built in 1940.
Currently under contract; seller is accepting backup offers.
Property is currently being taken down to the studs for a blank‑canvas renovation.
Previously configured as a 3‑bedroom, 3‑bath triplex.

Overview

Located in the heart of Panama City, this property on N MacArthur Avenue presents a unique opportunity for a mixed-use investment project. The property, formerly a 3-bedroom, 3-bath triplex, is currently being taken down to the studs, offering a blank canvas for customization. Situated on a generously sized 0.2-acre lot, there's ample space for outdoor living areas, landscaping, or future additions. The 1915-square-foot property is ideally located minutes from downtown, shopping, dining, and Gulf Coast beaches, in a convenient and growing area. The property offers incredible potential in a growing area for a primary residence, rental opportunity, or a coastal retreat.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Panama City
County: Walton
State: Florida
Longitude: -85.648898
Latitude: 30.156226

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For sale
Triplexes
FL
Panama City
32401
422 N Macarthur Avenue

What type of property is this?

Triplex - Triplex in Panama City, a blank canvas for renovation.

Where is this triplex located?

The property is located at 422 N Macarthur Avenue Panama City, FL.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: 422 N MacArthur Avenue in Panama City, built in 1940.; Currently under contract; seller is accepting backup offers.; Property is currently being taken down to the studs for a blank‑canvas renovation.

422 N Macarthur Avenue, Panama City, FL 32401

MULTI_FAMILY - Panama City, FL

Property Features for 422 N Macarthur Avenue

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Commercial Property in Panama City

Three-Building Flex and Industrial Campus

Historic Panama City Mixed-Use Property

Panama City Commercial Corner Parcel

Income-Producing Multi-Family Panama City

Automotive Service Shop with Bays

Remodeled Office Space with Land

Turnkey Commercial Space, High-Visibility Location

Waterfront Multifamily Property with Boat Slips

Versatile Commercial Building Near Downtown

Prime Commercial Panama City Location

Turnkey Income-Producing Investment Opportunity

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