Rehab Opportunity + Buildable Double Lot – Panama City, FL
3 Beds / 1 Baths • 908 SqFt
Offer Submission Deadline
-
Single Family House -
3 -
1 -
1953 -
908 -
908 -
No Garage
Description
Investor special in the heart of Panama City! This property sits on a large double lot, offering endless potential for redevelopment or expansion. The existing structure needs a full rehab, making it perfect for a fix-and-flip, rental, or new construction project. With the adjoining lot ready to build on, you can renovate the current home and develop next door—or clear both and build multiple new homes in a high-demand area.
Conveniently located near downtown Panama City, shopping, and beaches. Opportunities like this—rehab plus buildable land—are rare.
Highlights:
- Property + adjoining buildable double lot included
- Excellent redevelopment or investment potential
- Close to schools, shopping, and Gulf beaches
- Zoned for residential use
Estimated Spread
- ARV $270,000
- Price $160,000
- Spread $110,000
Similar Properties
🔥 Westland Duplex – Heavy Value-Add | $120K Purchase + $50K Rehab | $1,640/mo Section 8 Rent Potential
6 Bedrooms | 2 Baths | 2,108 ft
Updated Duplex – $1,650/mo Income | Turnkey Cash-Flow Deal in Middletown
4 Bedrooms | 2 Baths | 1,015 ft
