1016 W 12th Street, Panama City, FL 32401

Local realty services provided by:ERA Neubauer Real Estate, Inc.
1016 W 12th Street,Panama City, FL 32401
$535,000
  • 7 Beds
  • 5 Baths
  • 3,679 sq. ft.
  • Multi-family
  • Active
Listed by:joshua w wade
Office:think real estate
MLS#:778925
Source:FL_BCMLS

Price summary

  • Price:$535,000
  • Price per sq. ft.:$145.42

About this home

Prime Panama City Investment - Dual-Home Gem Near Beach Drive! Unlock a rare opportunity with this investor's paradise in vibrant Panama City, FL! This dual-home property offers incredible income potential and lifestyle perks, just a short stroll from Beach Drive's stunning waterfront and the lively St. Andrews area. Whether you're an investor, a young family, or seeking a beachside retreat, this versatile property is your ticket to coastal living and financial success. Property Features: Two Distinct Homes on one deeded lot with separate postal addresses for maximum flexibility. Front Home: Expansive 5 bed, 3 full bath layout, currently generating $2,600/month in rental income. Back Home: Charming 2 bed, 2 bath unit, previously rented for $1,600/month, ideal for short-term or long-term rentals. Flexible Bonus Space: Over 200 sq ft in the garage, ready to convert into an extra bedroom and bathroom, entertainment hub, or home office. Two-Car Garage with convenient back

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Home facts

  • Year built:1969
  • Listing ID #:778925
  • Added:38 day(s) ago
  • Updated:October 21, 2025 at 02:47 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:3,679 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Electric

Structure and exterior

  • Year built:1969
  • Building area:3,679 sq. ft.
  • Lot area:0.4 Acres

Schools

  • High school:Bay
  • Middle school:Jinks
  • Elementary school:Northside

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$535,000
  • Price per sq. ft.:$145.42
  • Tax amount:$5,165 (2024)
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