336 N Gray Avenue, Panama City, FL 32401

Local realty services provided by:ERA Neubauer Real Estate, Inc.
#1#2#3
336 N Gray Avenue,Panama City, FL 32401
$209,000
  • 3 Beds
  • 2 Baths
  • 2,574 sq. ft.
  • Single family
  • Active
Listed by:kaye haddock
Office:beach properties real estate
MLS#:777578
Source:FL_BCMLS

Price summary

  • Price:$209,000
  • Price per sq. ft.:$81.2

About this home

INVESTOR SPECIAL - 2 DOORS, 1 PRICE, HUGE UPSIDE This Panama City property is a true value-add opportunity with multi-income potential. Sitting on a multi-family lot, you'll find a fully functional 3BR/2BA main home that's rent-ready--plus two additional detached structures to be converted into a separate living with a great workshop or storage area. Whether you're building out a rental portfolio or looking for a project with strong equity upside, this setup delivers. The main house features original hardwood floors, paneled walls, a tiled master bath, and all major appliances already in place. Solid bones and city utilities make renovation straightforward. Located in-town and minutes to shopping, schools, and employers, this is an ideal location for long-term tenants. Live in one, rent the other, or bring in steady cash flow from both. Two units. One lot. Endless potential.

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Home facts

  • Year built:1945
  • Listing Id #:777578
  • Added:572 day(s) ago
  • Updated:August 13, 2025 at 09:40 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,574 sq. ft.

Heating and cooling

  • Cooling:Electric, WallUnits
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1945
  • Building area:2,574 sq. ft.
  • Lot area:0.27 Acres

Schools

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

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$209,000
  • Price per sq. ft.:$81.2
  • Tax amount:$1,918 (2024)
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