3911 E 11th ST, Panama City, FL 32404
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3911 E 11th ST, Panama City, FL 32404,Video Tour
3911 E 11th ST, Panama City, FL 32404
3911 E 11th ST, Panama City, FL 32404
3911 E 11th ST, Panama City, FL 32404
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$ 489,000
Est. payment /mo
Price Dropped by $10K

3911 E 11th ST Panama City, FL 32404

5 Beds

5 Baths

8,104 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 8,104 sqft

Price per Sqft $60

Subdivision No Named Subdivision

MLS Listing ID 789143

Style Other

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1975

Annual Tax Amount $3,240

Tax Year 2025

Lot Size 0.780 Acres

Acres 0.78

Property Sub-Type Single Family Residence

Property Description

Unique opportunity to own a versatile property in the heart of Springfield offering residential living, income potential, and future possibilities. Currently utilized as a single-family residence and classified as such by the Bay County Property Appraiser, this expansive property features approximately 8,000 square feet under roof, including multiple living areas, flexible-use space, and a large indoor workshop.

The property currently includes two separate living quarters, making it ideal for multi-generational living, rental income opportunities, or a variety of personal and business uses. An additional flex space and large indoor workshop provide even more versatility. With its existing layout and previous use, there may be potential for additional living units, creating attractive income-producing opportunities for the next owner (buyer to verify).

One of the standout features of this property is the solar panel system, which conveys with the sale and helps keep utility costs remarkably low. The owner reports average electric bills of approximately $40 per month for heating and cooling the entire property, providing exceptional long-term savings for a structure of this size.

According to the City of Springfield, the property is designated General Commercial on the City's Future Land Use Map. The City utilizes Future Land Use designations rather than traditional zoning. While the property is currently classified and taxed as a single-family residence based on its present use, the General Commercial Future Land Use designation may allow for a variety of future commercial and multi-family uses, subject to City approval, permitting requirements, inspections, and compliance with applicable building codes.

Additional peace of mind comes from the roof replacement completed in 2019, which was upgraded to current code standards and includes High Temp Fire & Ice underlayment.

Conveniently located near shopping, restaurants, schools, medical facilities, Tyndall Air Force Base, and major transportation routes, this property offers a rare combination of size, flexibility, energy efficiency, and future potential in a growing area. Whether you're looking for a multi-generational estate, an income-producing property, or a unique live/work opportunity, 3911 E. 11th Street presents possibilities that are difficult to find elsewhere.

Schedule your private showing today and discover everything this exceptional property has to offer.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Heating Central, Ductless, Electric

Cooling Central Air, Ductless, Varies by Unit, Window Unit(s)

Flooring Concrete

Fireplace No

Exterior

Parking Features Additional Parking

Fence Fenced

Pool Other, See Remarks

Utilities Available Electricity Available, Phone Connected

Accessibility Customized Wheelchair Accessible

Porch Covered, Patio

Private Pool No

Building

Lot Description Paved

Story 1

Entry Level One

Sewer Public Sewer

Architectural Style Other

Level or Stories One

New Construction No

Schools

Elementary Schools Cedar Grove

Middle Schools Rutherford Middle

High Schools Rutherford

Others

Restrictions No Short Term Rentals

Tax ID 15029-062-000

Security Features Closed Circuit Camera(s)

Financing Seller Financing

Special Listing Condition Listed As-Is

Virtual Tour https://my.matterport.com/show/?m=v7L2abwqUnQ


Listed by Anchor Realty Florida

Schools and Properties Nearby

Kerry Jayne Jackson

Kerry Jayne Jackson

Broker Associate | License ID: 7692

+1(850) 960-8646

Learn More About LPT Realty

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3911 E 11th ST