New Construction
For Sale
$240,000
904 E 14th Street A-B, Panama City, FL 32401
Two separate one-bedroom, one-bathroom units offer a straightforward residential rental configuration.
Property Size792 SF
Price / SF$303.03
Days on Market63
Property Features for 904 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: Aug 26
Changed: Oct 26
Last Checked: Oct 26 at 12:10PM
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-bathroom units within 792 square feet. 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 accessory dwelling unit, and a permitted plan is available for that addition.
At 904 E 14th Street in Panama City, the property is one block from MLK Blvd and near 15th Street. A bus stop and the MLK Recreation Center are nearby, along with shopping, employment, transportation, and everyday services.
At 904 E 14th Street in Panama City, the property is one block from MLK Blvd and near 15th Street. A bus stop and the MLK Recreation Center are nearby, along with shopping, employment, transportation, and everyday services.
Key Highlights
- Two one‑bedroom, one‑bathroom units
- 792 square feet; built in 2026
- Quartz countertops and luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,427
Cap Rate
3.51%
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 3.51%
Second Best
Apartment 5plus
$110.3K
$96.5K – $128.7K
NOI $7,722 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$230.8K
$201.9K – $269.2K
NOI $16,153 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate one-bedroom, one-bathroom units offer a straightforward residential rental configuration.
Where is this duplex located?
The property is located at 904 E 14th Street A-B Panama City, FL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom units; 792 square feet; built in 2026; Quartz countertops and luxury vinyl plank flooring
