Seller's Agent in 2026
Kim Johnson
Think Real Estate
(850) 819-3296
1 in this area
13 Total Sales
Investor Special - Rare Multi-Dwelling Opportunity in Prime Panama City Location! Priced to sell and packed with potential, this unique property features 3 separate dwellings in front on approximately .30 acres, with 1 in rear bult in 1925 on a partial easement, this gives option to demo or hold onto for now. Offering endless possibilities for savvy investors or multi-generational living. With a combined 8 bedrooms and 4 total bathrooms, this is a rare chance to create strong rental income or a private family compound where everyone enjoys their own space. 2 of the dwellings are currently rented but DO need work to make optimal. Second home on left of pics is incomplete, making a blank slate for your desired renovation. Located just one block from MLK Jr. Blvd, a major thoroughfare, and a block from a brand-new park, the property also sits minutes from Ascension Bay Hospital, one of the area's most renowned medical facilities--making it highly desirable for tenants. A perfect location for traveling nurses, anesthesiologists and other medical professionals to rest between shifts at the hospitals! Centrally located to shopping, dining, and everyday conveniences, and just 15 minutes from Panama City Beach, this location checks every box. While the homes do need work, they offer an excellent opportunity for renovation, conversion, or a full flip with significant upside. Whether you're looking to maximize cash flow, redevelop, or customize to your vision, this property delivers flexibility and long-term value. Highlights: 3 dwellings on approx. .30 acres 8 bedrooms / 4 bathrooms total Ideal for rental income, flipping, or family compound Near Ascension Bay Hospital One block from new park & MLK Jr. Blvd Central Panama City location 15 minutes to Panama City Beach Opportunities like this don't come around often--bring your vision and unlock the potential of this income-producing property!
Last Agent to Sell the Property
Think Real Estate License #SL 3569360 Listed on: 02/20/2026
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $176,000 | Omega National Title Agency | |
| Deed Of Distribution | $100 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | Sold | $176,000 | +0.6% | $68 / Sq Ft |
| 02/25/2026 02/25/26 | Pending | -- | -- | -- |
| 02/20/2026 02/20/26 | For Sale | $175,000 | 0.0% | $67 / Sq Ft |
| 01/30/2026 01/30/26 | Pending | -- | -- | -- |
| 01/25/2026 01/25/26 | Price Changed | $175,000 | -30.0% | $67 / Sq Ft |
| 01/07/2026 01/07/26 | For Sale | $250,000 | -- | $96 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2025 | $3,250 | $172,688 | $30,080 | $142,608 |
| 2024 | $2,548 | $142,016 | -- | -- |
| 2023 | $2,548 | $129,105 | $25,380 | $123,683 |
| 2022 | $2,179 | $117,368 | $0 | $0 |
| 2021 | $1,748 | $90,060 | $0 | $0 |
| 2020 | $1,586 | $81,873 | $16,732 | $65,141 |
| 2019 | $1,335 | $82,571 | $16,450 | $66,121 |
| 2018 | $1,601 | $105,706 | $0 | $0 |
| 2017 | $1,527 | $101,891 | $0 | $0 |
| 2016 | $1,572 | $102,495 | $0 | $0 |
| 2015 | $1,632 | $103,474 | $0 | $0 |
| 2014 | $1,633 | $104,455 | $0 | $0 |
Seller's Agent in 2026
Kim Johnson
Think Real Estate
(850) 819-3296
1 in this area
13 Total Sales
Buyer's Agent in 2026
Pam Mathis
Five Star Realty Group, LLC
(229) 563-6088
3 in this area
53 Total Sales
Source: Central Panhandle Association of REALTORS®
MLS Number: 783335
APN: 17368-000-000
Ask me questions while you tour the home.