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    715 W 13Th St, Unit 12-13 Panama City, FL 32401

    For Sale
    $265,000

    MULTI_FAMILY - Other - Panama City, FL

    Property size:
    1,320 SF
    Lot size:
    0.10 Acres
    Days on Market:
    110
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 715 W 13Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    18149-000-000
    Parking features
    Paved or Surfaced
    Appliances
    ElectricCooktop, ElectricOven, Microwave, Refrigerator
    Size
    1,320 SF
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1985
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Stucco
    Roof type
    Metal
    Architectural style
    Other

    Coldwell Banker Realty (850) 814-0037 [email protected]

    Listing agent Elaine G Fenster (850) 234-6696 License #3419923

    Listing date Aug 27, 2025

    Copyright © 2025 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.

    Overview

    Panama City Duplex Investment Opportunity

    This multifamily property, located in Panama City, Florida, presents an investment opportunity with established tenants. The duplex consists of two units, each featuring 2 bedrooms and 1 bathroom, with each unit offering 660 square feet of living space, totaling 1320 square feet for the entire property. The property is situated on a 0.1-acre lot. The building features a new metal roof, and the units have new flooring. Ample parking is available. Currently, each unit is occupied by tenants paying $800 per month on a month-to-month basis without a current lease, although they may be willing to sign one. The rental income is considered high for the area, with the potential for lease amounts to exceed the current $800 per month per unit. The property's location in the heart of Panama City provides convenient access to city amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Weathertight LLC Construction Company Don Griffiths Photography! Photographer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.67069
    Latitude
    30.171373

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in Panama City with established tenants.
    Where is this duplex located?
    The property is located at 715 W 13Th St, Unit 12-13 Panama City, FL.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Established tenants in place providing immediate rental income.; - New metal roof.; - High rental income potential for the area.
    (850) 234-6696
    Request Owner's contact information
    715 W 13Th St, Unit 12-13 Panama City, FL 32401
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    Panama City, FL 32401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    715 W 13Th St, Unit 12-13 Panama City, FL 32401
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