215 N Macarthur Avenue, Panama City, FL 32401

Local realty services provided by:ERA Neubauer Real Estate, Inc.
215 N Macarthur Avenue,Panama City, FL 32401
$449,000
  • 7 Beds
  • 4 Baths
  • 3,184 sq. ft.
  • Single family
  • Active
Listed by:mike s herring
Office:keller williams realty emerald
MLS#:780852
Source:FL_BCMLS

Price summary

  • Price:$449,000
  • Price per sq. ft.:$141.02

About this home

This property will sell quickly because of the tremendous investment income. Downstairs 1 bedroom / 1 bathroom apartment can be rented for $1000 per month. The upstairs 2 bedroom / 1 bathroom apartment can be rented for $1850 per month. $2850 per month in potential rental income - enough to cover your mortgage - so you get to live in the main home which boasts 4 bedrooms / 2 bathrooms and a generous 1756 square feet and rent the 2 apartments. The entire property is a whopping 3184 square feet on a 1/3 acre. There is a pool in the backyard that serves as an anchor for both the main home and two apartments. Tenants will pay extra for this type of amenity. Or, utilize both or one of the apartments for a mother-in-law quarters. Located in the historic Cove neighborhood, close to all major roads, 23rd Street, 15th Street, Highway 77. Located very close the Ascension Sacred Heart, so perfect for a doctor that wants the additional income. Also, right in the middle of town where you

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Home facts

  • Year built:1945
  • Listing ID #:780852
  • Added:1 day(s) ago
  • Updated:October 26, 2025 at 11:38 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,184 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Central, Electric

Structure and exterior

  • Year built:1945
  • Building area:3,184 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:Bay
  • Middle school:Jinks
  • Elementary school:Cherry Street

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$449,000
  • Price per sq. ft.:$141.02
  • Tax amount:$5,458 (2024)
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