Panama City Triplex Opportunity

422 N Macarthur Avenue Panama City, FL 32401

Claim this Listing
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:
102
Last Refresh:
Jul 13 at 9:06 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

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.


Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Bakery Grocery & Convenience Store Nail Salon Garden Center Veterinary Clinic Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Auto Parts Store

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

FAQs

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.
Contact an agent
More about this property
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