709 E 13th Ct Panama City, FL 32401
Downtown North NeighborhoodEstimated payment $1,610/month
Highlights
- Radiant Floor
- Covered Patio or Porch
- Family Room
- No HOA
- Window Unit Cooling System
- Heating Available
About This Home
Investor Special - Rare Multi-Dwelling Opportunity in Prime Panama City Location! Priced to sell and packed with potential, this unique property features three separate dwellings on approximately .30 acres, 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. 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. 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,627
Year Built
- Built in 1925
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 120x101
Interior Spaces
- Family Room
- Radiant Floor
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Cedar Grove Elementary School
- Mowat Middle School
- Bay High School
Utilities
- Window Unit Cooling System
- Central Air
- Heating Available
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 |
|---|---|---|---|---|
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | For Sale | $250,000 | -- | $96 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed Of Distribution | $100 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Central Panhandle Association of REALTORS®
MLS Number: 783335
APN: 17368-000-000
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