331 Maine Avenue, Panama City, FL 32401

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  • MLS#: 784733 ( Residential )
  • Street Address: 331 Maine Avenue
  • Viewed: 6
  • Price: $237,100
  • Price sqft: $206
  • Waterfront: No
  • Year Built: 1945
  • Bldg sqft: 1152
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 53
  • Additional Information
  • Geolocation: 30.1552 / -85.6325
  • County: BAY
  • City: Panama City
  • Zipcode: 32401
  • Subdivision: Welch Add
  • Elementary School: Cherry Street
  • Middle School: Jinks
  • High School: Bay
  • Provided by: EXP Realty LLC
  • DMCA Notice
  • Description
    Hot opportunity for income and a big tax break, all in one! Or enjoy the furnishings, appliances, decor, and accessories as an owner occupant. Everything conveys! This property, once a 4 br 2 ba, has been converted to a 2 unit rental property, perfect for short or mid term rental income or a single family main house/mother in law suite arrangement. This property has been rented only on furnished finder and by word of mouth. Income for 2025 was $28,710! Want to restore the 4/2 as one unit? No problem! Just uncover the blocked off door between units, and you're there. Why this property is awesome: multiple possibilities for living/renting especially as workforce housing for travel nurses, contractors, and others 2 br, 1 ba in front, 1 br, 1 ba in back proven income of up to $1,700 for front unit, $1,600/mo for back unit wow! Full kitchen in front, efficient kitchenette in back sold fully furnished! Driveway parking for 4; boat parking is easy! Huge backyard on this 75' x 200' lot. Make your own nature oasis or put in a pool! Close to ascension sacred heart (bay medical), downtown pc, eastern shipbuilding, two marinas, tyndall afb, and gene's oyster bar come see this today! Open for showings any time!
Features
Building and Construction
  • Covered Spaces: 1.00
  • Living Area: 0.00
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Cherry Street
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ductless, WallUnits
  • Heating: Ductless, Electric
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer
  • Utilities: ElectricityAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricRange, ElectricWaterHeater
  • Legal Description: WELCH ADD LOT 2 & N 20.5' OF LOT 3 BLK 5 ORB 4342 P 1957
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Tenant
  • Parcel Number: 22512-000-000
  • Style: Bungalow
  • The Range: 0.00
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