709 E 10th St Panama City, FL 32401
Downtown North NeighborhoodEstimated payment $2,289/month
About This Home
Investment Opportunity - 2023 Duplex Near Tyndall AFB Discover an exceptional income-producing duplex, offering the perfect blend of comfort, convenience, and strong rental performance. Each side features 3 bedrooms and 2 bathrooms, providing spacious layouts ideal for families or professionals. With a total of 2,400 sq. ft., this property delivers both functionality and value. Both units are currently tenant-occupied (rent at $1,725 each/$3,450 monthly total) ensuring immediate cash flow from day one. Investors can request a rent roll and profit & loss statement for a detailed financial overview.
Whether you're an investor seeking steady returns or a future homeowner looking for flexibility, this property offers the best of both worlds. All measurements are approximate; verify if important.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,431
Year Built
- Built in 2023
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 136 x 82
Home Design
- Duplex
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $513 | $242,853 | -- | -- |
| 2023 | $513 | $19,674 | $19,224 | $450 |
| 2022 | $322 | $7,605 | $7,155 | $450 |
| 2021 | $415 | $13,978 | $13,528 | $450 |
| 2020 | $404 | $13,123 | $12,673 | $450 |
| 2019 | $209 | $12,910 | $12,460 | $450 |
| 2018 | $193 | $12,767 | $0 | $0 |
| 2017 | $176 | $11,770 | $0 | $0 |
| 2016 | $753 | $49,084 | $0 | $0 |
| 2015 | $779 | $49,428 | $0 | $0 |
| 2014 | $778 | $49,772 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2025 11/09/25 | For Sale | $365,000 | -- | $152 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $24,000 | Defender Title & Escrow |
About the Listing Agent
Originally from Pennsylvania, Michael Werner joined the Air Force and made the military his first career. Retiring in 2010, after many military relocations, he and his family made Panama City, FL their permanent home. Mike has been a licensed Realtor since 2012 and operates with his real estate assistant and spouse Ilona. They take pride in serving military families, the local community, and investors from all walks of life. Mike is a Top Producer, Top 20% in the Gulf States Region, and
Michael's Other Listings
Source: Central Panhandle Association of REALTORS®
MLS Number: 781444
APN: 17044-000-000
- 803 E 10th Ct Unit A & B
- 807 E 9th Ct
- 814 E 9th Ct
- 909 Louisiana Ave
- 1017 Hamilton Ave
- 718 E 12th St
- 910 E 9th Ct
- 533 E 11th St
- 508 E 11th St
- 1202 Louisiana Ave
- 1117 Hamilton Ave
- 1116 Mercedes Ave
- 1116 Mercedes Ave Unit C
- 1116 Mercedes Ave Unit B
- 1116 Mercedes Ave Unit A
- 1002 E 9th Ct
- 1216 Martin Luther King jr Blvd
- 1216 Martin Luther King Junior Blvd
- 848 12th Ct
- 825 E 12th St
- 1002 E 7th Ct
- 707 Satsuma Ave
- 705 Satsuma Ave
- 000 Panama City Beach Pkwy
- 1122 Oak Ave
- 1320 E Hwy 98 Bus 307 Hwy Unit 307
- 804 Kirklin Ave
- 711 Kirklin Ave
- 374 Massalina Dr Unit B
- 349 Mercedes Ave
- 422 Magnolia Ave Unit 4
- 102 E 4th St Unit A
- 754 Sherman Ave Unit B
- 265 W 15th St
- 1528 Oak Ave
- 924 Florida Ave
- 524 Elm Ave Unit C
- 400 E 19th St Unit C4
- 215 N Harris Ave
- 300 Penny Ct