1. Florida
2. Panama City
3. 4949 E 2nd Street

4949 E 2nd Street, Panama City, FL 32404

• 1,961 sqft

Property Description

*****MOTIVATED SELLER!!!***** This property was recently appraised at $245K PRIOR TO UPGRADES and presents an excellent opportunity for an investor. The neighborhood is currently undergoing a revitalization so the time is now to get your foot in the door. There are 4 brand new homes being built across the street plus this property is zoned MIXED USE. It is usable as-is, however, the right person with a vision could easily convert it to an income-producing multi-family dwelling or use it for your business. (The oversized bonus room was once a dance studio.) This property features a metal roof, new flooring, fresh paint, a large screened porch, a giant garage/workshop with electricity, and more. The nearly half acre lot provides plenty of parking for you, tenants, or customers plus there is a shed on the property for additional storage. Best of all, you are only 5 minutes to shopping and dining and only 1 block from a quiet public boat launch. Don't let another great opportunity pass you by. CALL TODAY!

Listing Status:

Active

Date Added:

July 3, 2025 at 05:00AM

Listing Office:

Coldwell Banker Realty : (850) 234-6696

MLS ID:

775935

Exterior

• General: Shed(s)
• Other Structures: Shed(s)

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Coldwell Banker Realty