Turnkey Duplex
144 & 146 Claire Avenue Panama City, FL 32401
New
144 & 146 Claire Avenue, Panama City, FL, 32401
$249,000
For Sale
$249,000
MULTI_FAMILY - Other - Springfield, FL
Property Size800 SF
Lot Size0.17 Acres
Price / SF$311.25
Days on Market2
Property Features for 144 & 146 Claire Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Interior features
- MainLevelPrimary, TubShower
- Appliances
- ElectricCooktop, ElectricOven
- Standard status
- Active
- APN
- 23931-000-000
- Size
- 800 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GROVE HILL PLAT -118C4- LOT 29 ORB 4068 P 1760 MAP 118C4
- Tax Annual Amount
- 1102
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1944
- Building materials
- HardiplankType
- Architectural style
- Other
- Additional Structures
- Shed(s)
Listing Agency
Realty One Group Emerald Coast
(850) 238-8338
1120 Thomas Dr, Destin, FL
Listed by
Shaunnah Whitely · License #3308847
(850) 381-1663
Added: Jul 18 Checked: Jul 19 at 5:06 am
MLS# 792854
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 turnkey duplex includes two separate residential units at 144 & 146 Claire Avenue. Each unit features 2 bedrooms and 1 bathroom with a combined living and kitchen area. Updates include new cabinets, countertops, flooring, appliances, and fresh interior paint, supported by a clean, move-in-ready presentation. Each unit also has its own private outdoor storage shed.
The property is situated in Springfield, Florida, within Bay County, and is described as being near shopping, restaurants, schools, and everyday amenities.
With two rental-ready units on a single lot, this is a straightforward income-focused residential property for investors seeking an immediately operational duplex setup.
The property is situated in Springfield, Florida, within Bay County, and is described as being near shopping, restaurants, schools, and everyday amenities.
With two rental-ready units on a single lot, this is a straightforward income-focused residential property for investors seeking an immediately operational duplex setup.
Key Highlights
- Duplex with two units at 144 & 146 in Springfield
- Each unit offers 2 bedrooms and 1 bathroom with a combined living and kitchen area
- Recently remodeled interiors in both units with new cabinets, countertops, flooring, appliances, and fresh interior paint
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 | $16.3k | $20.40 |
| − Vacancy | −$2.5k | −$3.12 |
| EGI | $13.8k | $17.28 |
| − OpEx | −$4.1k | −$5.18 |
| NOI | $9.7k | $12.10 |
800 SF · lease $20.40/SF/yr · vacancy 15.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$138.2K
$121.0K – $161.3K
NOI $9,677 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$126.6K
$110.8K – $147.7K
NOI $8,860 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$201.2K
$176.0K – $234.7K
NOI $14,083 @ 7.0% cap · market cap 5.66%
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 recently remodeled units each offer 2 bedrooms and 1 bathroom, plus a private outdoor storage shed.
Where is this duplex located?
The property is located at 144 & 146 Claire Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Duplex with two units at 144 & 146 in Springfield; Each unit offers 2 bedrooms and 1 bathroom with a combined living and kitchen area; Recently remodeled interiors in both units with new cabinets, countertops, flooring, appliances, and fresh interior paint
