$280,000
$319,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
1416 N Gray AVE Panama City, FL 32401
3 Beds
2 Baths
2,080 SqFt
Key Details
Sold Price $280,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $134
Subdivision No Named Subdivision
MLS Listing ID 757097
Sold Date 09/06/24
Style Traditional
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1958
Annual Tax Amount $919
Tax Year 2023
Lot Size 0.440 Acres
Acres 0.44
Property Description
Under contract - Seller will consider back up offers. THREE BUILDINGS FOR THE PRICE OF ONE. Explore the potential of this expansive property featuring two parcels and three versatile buildings! The primary residence boasts three bedrooms and two baths, offering ample space and comfort. Step into the foyer leading to a sprawling living room, complete with an exterior exit to the backyard. Ascend the wide staircase to discover a spacious master bedroom with a cozy sitting area, walk-in closet, and ensuite bath. The formal dining room and well-appointed kitchen, featuring a breakfast bar, island, and plenty of cabinets, await to cater to your culinary needs. Additionally, there are two sizable bedrooms, a full bath, and a convenient laundry room with rear access complete the main home.Adjacent to the main residence lies a second building currently utilized as a hair salon, equipped with a half bath and a utility room with a refrigerator , full-sized washer and dryer and storage. Both parcels are zoned R2, with the possibility of continuing salon operations, subject to Bay County Planning Department regulations.Consider the myriad of options available: reside in the main house while managing the salon, occupy the house and lease out the salon space, or transform the salon into a separate rental unit with minimal modifications. The flexible layout of the primary residence presents further opportunities for division, potentially creating two rental units with the addition of a kitchenette and laundry facilities.Completing this enticing package is a 35x11 workshop with power adjacent to the salon, offering endless possibilities for creative endeavors. Unleash your imagination, leverage your skills, and tailor this exceptional property to suit your vision and requirements.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Interior Features Breakfast Bar, Kitchen Island, Entrance Foyer, Workshop
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Window Unit(s)
Furnishings Unfurnished
Fireplace No
Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Warming Drawer, Washer
Laundry Washer Hookup, Dryer Hookup
Exterior
Garage Additional Parking, Carport, Driveway, Paved
Community Features Short Term Rental Allowed
Utilities Available Electricity Connected, Water Connected
Waterfront No
Building
Foundation Slab
Architectural Style Traditional
Additional Building Outbuilding, Workshop
Schools
Elementary Schools Cedar Grove
Middle Schools Mowat
High Schools Bay
Others
Tax ID 15824-000-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing VA
Special Listing Condition Listed As-Is
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Bought with EXP Realty LLC
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