New Construction
For Sale
$250,000
900 E 14th Street A-B, Panama City, FL 32401
Two one-bedroom residences feature quartz counters and durable Hardie siding.
Property Size792 SF
Price / SF$315.66
Days on Market57
Property Features for 900 E 14th Street A-B
General Information
Standard status
Active
Size
792 SF
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Building Size
792 SF
Year Built
2026
Buildings
1
Listing Agency:
JC Real Estate Group, LLC.
Listed By:
James Cameron
(770) 560-6344
Source:
Coastalheritagerealty
Added: Sep 1
Changed: Oct 26
Last Checked: Oct 26 at 2:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JC Real Estate Group, LLC.
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two separate one-bedroom, one-bath units. Interior finishes include quartz countertops and luxury vinyl plank flooring, while the exterior is clad in Hardie siding. The property also has space for an additional dwelling unit if the parcel is split; any expansion would require further work.
The property is in Panama City, one block off MLK Blvd and near 15th Street. The MLK Recreation Center and a bus stop are nearby, along with shopping, employment, transportation, and everyday services.
The property is in Panama City, one block off MLK Blvd and near 15th Street. The MLK Recreation Center and a bus stop are nearby, along with shopping, employment, transportation, and everyday services.
Key Highlights
- Two separate units, each with 1 bedroom and 1 bath
- Built in 2026
- Quartz countertops and luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,427
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$168,540
$168.5K
Cap Rate 7%
$120,386
$120.4K
Cap Rate 9%
$93,633
$93.6K
Market Conditions
NOI Build-Up for 792 SF
Gross rent
$12.8K $16.20/SF
− Vacancy
−$792 −$1.00/SF
EGI
$12.0K $15.20/SF
− OpEx
−$3.6K −$4.56/SF
NOI
$8.4K $10.64/SF
Area
Bay County, FL
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$168,540
Cap Rate 7%
$120,386
Cap Rate 9%
$93,633
Alternative Uses
Best Use
Multifamily LT 5
$120.4K
$105.3K – $140.5K
NOI $8,427 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$110.3K
$96.5K – $128.7K
NOI $7,722 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$230.8K
$201.9K – $269.2K
NOI $16,153 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences feature quartz counters and durable Hardie siding.
Where is this duplex located?
The property is located at 900 E 14th Street A-B Panama City, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two separate units, each with 1 bedroom and 1 bath; Built in 2026; Quartz countertops and luxury vinyl plank flooring
