Here's your chance to turn a solid investment into big returns. This 3-bedroom, 2-bath home with 1,535 sq ft is located just minutes from Andrews Bay, offering proximity to the water and all the benefits of Panama City living. The property needs to be fully gutted, providing a true blank slate for investors to redesign, modernize, and maximize value—ideal for both fix-and-flip or long-term rental strategies. A major improvement is already in place with the roof updated in 2019, helping reduce upfront capital expenses. With a projected after-repair value of $250K-$255K and an estimated rehab budget of $70K-$80K, the numbers support strong upside potential. Conveniently located near Ascension Sacred Heart Bay, HCA Florida Gulf Coast Hospital, and Gulf Coast State College, this opportunity combines location, flexibility, and equity growth. Don't miss the chance to own near the water and create instant value in a growing Panama City market.

Listing courtesy of Ramone C Silvera of Salty Marlin Realty LLC



Listing information is provided by Participants of the Central Panhandle Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Central Panhandle Association of REALTORS MLS.
Last checked: 2026-02-04 10:08 AM UTC