2317 E 3rd St Panama City, FL 32401

Turnkey Airbnb! NOW offering $7500 Seller Concessions to buyer. Welcome to a piece of local history with charm, character, and a touch of old Florida magic! Nestled in the heart of the Millville waterfront community, this unique property invites you to embrace a lifestyle rich in tradition and versatile in opportunity. The main home features 3 bedrooms, 2 bathroom, and approximately 1,472 square feet of living space accented by original pine wood tongue and groove hardwood floors and timeless architecture. Updated around 2007, the well-equipped kitchen blends modern convenience with vintage charm, equipped with stainless steel appliances and thoughtfully designed for everyday function. Just behind the main residence, you'll find a delightful 1-bedroom, 1-bathroom carriage house spanning 444 square feet—ideal for generating rental income, hosting guests, or unleashing your creativity in a workshop, studio, or home office. Two additional outbuildings extend the potential even further, offering ample space for a shop, storage, or a secret garden hideaway (complete with your own power tools, of course). The fully fenced yard is shaded by mature oaks and dotted with flowering trees, crafting a peaceful outdoor oasis perfect for coffee mornings or weekend gardening adventures. Whether you dream of raised beds, swinging hammocks, or backyard barbecues, this space is ready for your vision. Many adorable outdoor living spaces, nooks, lounge spots, a firepit, outdoor shower, pergola, cabana and covered porches invite relaxing. On the main home, the porch is inviting with french doors into the mud room and coffee bar.
The laundry area is located on the back porch for shared access. The hot tub is centrally located for shared use in the private backyard. An area is designated for cornhole or bocce. For outdoor enthusiasts, Watson Bayou's public boat launch is just a short walk away, making it easy to spend your weekend on the water. Daily errands are simple, too—groceries, parks, and schools are all conveniently located nearby. Rosenwald High School is within reach for educational needs, while shopping destinations like ALDI and Walmart are only minutes away. Public transit options add ease to commuting. The location also provides a straight shot to Tyndall Air Force Base, just a 15-minute drive down the road. Whether you're planting roots, making an investment, or simply on the hunt for a home with heart and history, this property delivers something special. So, if you're the type to admire handcrafted details, enjoy tree-lined streets, and wouldn't mind a bonus backyard cottage, your future just might be calling from the past. Come explore the potential—and see for yourself why this charming Florida gem could be your next great story. Turnkey Airbnb home and cottage. The Captains Cottage has been rented both long term ($1200/mo) and short term ($100/night) Short term rental ready! Do Not Disturb our guests please!