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Triplex Renovated to the Studs
For Sale
$150,000
Pending

422 N Macarthur Avenue, Panama City, FL 32401

MULTI_FAMILY - Panama City, FL

Property Size1,915 SF
Lot Size0.20 Acres
Days on Market123

Property Features for 422 N Macarthur Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Dining Room, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Subdivision Sudduths 4th Add
Elementary school Cherry Street
Middle school Jinks
High school Bay
Directions From Hwy 77, turn Left onto Business 98. Turn Right onto N MacArthur Ave. House is first on the left.
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
Legal Description SUDDUTH'S 10TH ADD LOT 12 BLK 74 ORB 4064 P 1332

Building Details

Year built 1940
Listing Agency: Beachy Beach Real Estate
Listed By: Chris M Shelton
Added: Apr 3 Changed: Aug 2 Last Checked: Aug 3 at 2:06PM
MLS# 788019

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.

422 N MacArthur Avenue in Panama City is a triplex property currently being taken down to the studs. The home was previously configured as a three-bedroom, three-bath triplex, with rooms including three bedrooms, a dining room, and three bathrooms. Built in 1940, the property sits on a 0.2-acre lot and has a total stated size of 1,915 square feet.

The home is located in Panama City, Bay County, FL 32401. The current condition provides an open foundation for whoever moves forward to complete the renovation and customize the interior layout.

As it stands, this is a property that has already begun the demolition/strip-down phase, with the remaining work to be completed based on the buyer’s plan.

Key Highlights

  • Triplex currently being taken down to the studs
  • Previously configured as a three‑bedroom, three‑bath triplex
  • Total size of 1,915 square feet

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Bakery Grocery & Convenience Store Nail Salon Garden Center Veterinary Clinic Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

845
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex being taken down to the studs, originally configured as a three-bedroom, three-bath property.
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: Triplex currently being taken down to the studs; Previously configured as a three‑bedroom, three‑bath triplex; Total size of 1,915 square feet
More about this property
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