124 E 2nd PL Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32401
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,092 sqft
Price per Sqft $255
Subdivision Harmon Plat
MLS Listing ID 768582
Style Duplex
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1941
Annual Tax Amount $6,574
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Duplex
Property Description
Charming & Renovated Duplex in Historic Cove - Investment Opportunity!Welcome to 124-126 E 2nd Place, Panama City, a beautifully updated duplex in the heart of the historic Cove neighborhood. Just moments from St. Andrews Bay and downtown Panama City, this property offers a blend of historic charm and modern convenience, making it perfect for investors or those seeking a home with rental income potential.Each unit features an identical floor plan, offering a functional and spacious layout. From the upstairs unit's porch, you can enjoy views of the water, creating a peaceful retreat right at home. The recently completed Beach Drive, just a short walk away, provides the perfect setting for biking, jogging, or leisurely strolls along the bay. With downtown Panama City only minutes away, you can easily explore local shops, restaurants, and entertainment--all within a 10 minute walk, or biking distance.In 2023, major updates were completed, including new drywall, insulation, electrical, and plumbing. Updates have enhanced both the interior and exterior, with fresh paint, upgraded flooring, updated kitchens and bathrooms, and carefully restored details that highlight the home's character. The property also features thoughtfully designed outdoor spaces, added parking, and stylish finishes throughout. Currently furnished as a vacation rental, this duplex is move-in ready and offers a turnkey investment opportunity.Whether you're looking to generate passive income, or own a piece of Panama City history, this versatile property is a rare find in a prime location. Reach out today to learn more!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Heating Electric
Cooling Ceiling Fan(s),Ductless,Window Unit(s)
Furnishings Negotiable
Fireplace No
Appliance Dryer,Dishwasher,Electric Cooktop,Electric Oven,Refrigerator,Tankless Water Heater,Washer
Exterior
Exterior Feature Balcony,Patio
Parking Features Alley Access,Driveway,On Street
Community Features Short Term Rental Allowed
Utilities Available Cable Available
View Y/N Yes
View Bay
Roof Type Metal
Porch Balcony
Building
Dwelling Type Duplex
Foundation Slab
Architectural Style Duplex
Additional Building Outbuilding
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Tax ID 20274-000-000
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Listed As-Is