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520 Maine Ave Panama City, FL 32401

Sponsored
For Sale
$350,999

MULTI_FAMILY - Panama City, FL

Property size:
4,768 SF
Lot size:
0.32 Acres
Days on Market:
6
Last Refresh:
Feb 2 at 8:06 pm

Property Features for 520 Maine Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
22686-000-000
Size
4,768 SF
Lot size
0.32 Acres

Utilities

Sewer type
Public Sewer

Building Details

Year built
1946
Floors in Building
2
Building materials
HardiplankType
Additional Structures
Arena

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Listing Contact
Will Pender

Keller Williams Success Realty (850) 249-0313

Listing agent Will Pender (850) 249-0313 License #sl3381749

Listing date Jan 28, 2026

MLS# 784336

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.

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Property Insight Report

Overview

Panama City Multi-Family Investment

This multi-family property in Panama City features five units, offering potential for steady cash flow and long-term value. The property includes a single-family residence (SFR) with a total area of 2,129 square feet and a heated area of 1,251 square feet, constructed in 1946. This unit has aluminum siding, an engineered shingle roof, drywall interior walls, clay tile and carpet flooring, ducted air heating, central air conditioning, one bathroom, three bedrooms, and one story. Additionally, there is a two-story apartment building with a total area of 1,643 square feet and a heated area of 1,346 square feet, built in 1956. This building has minimum exterior walls, an engineered shingle roof, drywall interior walls, pine wood flooring, electric radiator heating, window air conditioning, two bathrooms, four bedrooms, and two stories. The property also includes a duplex with a total area of 2,315 square feet and a heated area of 2,171 square feet, constructed in 1952. The duplex features asbestos shingle exterior walls, an engineered shingle roof, drywall interior walls, asphalt tile flooring, ducted air heating, central air conditioning, two bathrooms, three bedrooms and one story. The property is zoned for residential income-producing use and is situated on a 0.32-acre lot. The total property size is 4,768 square feet. The units are partially rented and ready to lease. The property is located in proximity to beaches, schools, and major employers.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

A Handyman Service Hardware & Home Improvement

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.631753
Latitude
30.158281

FAQs

What type of property is this?
Apartment building - Five-unit multi-family property with steady cash flow potential in Panama City.
Where is this apartment building located?
The property is located at 520 Maine Ave Panama City, FL.
What is the asking price?
The asking price for this property is $350,999.
What are key features of this property?
This property features: - Income-producing 5-unit multi-family property.; - Steady cash flow and long-term value potential.; - Strong rental demand in Panama City.
More about this property
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