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Kerry Jayne Jackson

realtyexpertkerry@gmail.com +1(850) 960-8646

$ 535,500

Est. payment -/mo

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Active

124 E 2nd PL Panama City, FL 32401

4 Beds

2 Baths

2,092 SqFt

UPDATED:

02/20/2025 11:52 PM

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

Listed by Realty One Group Emerald Coast

Kerry Jayne Jackson

Broker Associate | License ID: 7692

+1(850) 960-8646

Learn More About LPT Realty