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Two-Residence Duplex
New
For Sale
$650,000

Panama City, FL 32408, Panama City, FL 32408

Residential Income, Panama City, FL

Property Size810 SF
Price / SF$802.47
Days on Market1

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 08 / MULTI UNIT
Parking 2
Lot features < 1/4 Acre
Subdivision BILTMORE BEACH
Standard status Active
Size 810 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5178

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1999
Floors in Building 1
Flooring type Wood, Hardwood
Listing Agency: Premier Elite Realty Inc. · Century 21 Real Estate
Listed By: Alvina Nosikovsky · License #3490729
Added: Oct 20 Last Checked: Oct 20 at 10:06PM
MLS# A12109539

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1999, this duplex contains two separate residences, each configured with two bedrooms and one bathroom. Central heating and air conditioning serve the property. Prior listing information also describes remodeled interiors, wood flooring, vaulted ceilings, a metal roof, furnishings, and laundry facilities in both residences.

The property is near Thomas Drive and the Gulf beaches. Short-term rental use has been advertised, but licensing, zoning, and rental restrictions require independent verification.

Key Highlights

  • Two separate residences, each with 2 bedrooms and 1 bathroom
  • Built in 1999
  • Central heating and air conditioning

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with central heating and air conditioning.
Where is this duplex located?
The property is located at Panama City, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two separate residences, each with 2 bedrooms and 1 bathroom; Built in 1999; Central heating and air conditioning
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