331 Maine Avenue, Panama City, FL 32401
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Priced at Only: $237,200
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Address: 331 Maine Avenue, Panama City, FL 32401
Property Location and Similar Properties
- MLS#: 784733 ( Residential )
- Street Address: 331 Maine Avenue
- Viewed: 2
- Price: $237,200
- 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
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DescriptionHot 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!
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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
Nearby Subdivisions
[no Recorded Subdiv]
Bayou Plat
Bayview Add
Bayview Heights
Bry-co Park
Bunkers Cove
Caroline Add Unit 2
Cogburn's 1st Add
Cove
Cove Pointe
Cove Terrace
Cove Terrace 3rd Add
Del-mar Plat
Dell Whatley
Dixie Heights
East Bay Preserve
Ellis, E.d.
Glenwood Addition
Grove Heights
Grove Hill
Gulf Coast Dev Second Addition
Gulfview Addition
Harmon Plat
Holmes Add- Millville
Hursts Replat
Keiths Bay Harbor Add
Lakeside
Lincoln Park 1st Addition
M. N. Kneece Replat
Massalina Bayou Townhouses
N Highland
No Named Subdivision
Oakland Terr Sub 18th
Old Mill Addition
Old Orchard
Old Town Plat
Pine Forest Est Ph 1
Pine Orchards Hgts 1st Add
Pinecrest Add.
Robindale
Rosenwald Heights
Shermans 2nd Add
Springfield
St Andrew Estates
Sudduths 10th Add
Sudduths 1st Add
Sudduths 4th Add
Sudduths 7th Add
Welch Add
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