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336 N Gray AVE Panama City, FL 32401
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Key Details
Sold Price $195,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 777578
Sold Date 10/27/25
Style Traditional
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1945
Annual Tax Amount $1,918
Tax Year 2024
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Single Family Residence
Property Description
INVESTOR SPECIAL - 2 DOORS, 1 PRICE, HUGE UPSIDE This Panama City property is a true value-add opportunity with multi-income potential. Sitting on a multi-family lot, you'll find a fully functional 3BR/2BA main home that's rent-ready—plus two additional detached structures to be converted into a separate living with a great workshop or storage area. Whether you're building out a rental portfolio or looking for a project with strong equity upside, this setup delivers. The main house features original hardwood floors, paneled walls, a tiled master bath, and all major appliances already in place. Solid bones and city utilities make renovation straightforward. Located in-town and minutes to shopping, schools, and employers, this is an ideal location for long-term tenants. Live in one, rent the other, or bring in steady cash flow from both. Two units. One lot. Endless potential.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Interior Features Window Treatments
Heating Electric
Cooling Wall Unit(s)
Flooring Carpet, Hardwood, Tile
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Parking Features Driveway
Community Features Short Term Rental Allowed
Utilities Available Cable Connected, Electricity Available
Porch Open, Porch
Building
Lot Description Interior Lot, Paved
Story 2
Entry Level Two
Sewer Public Sewer
Architectural Style Traditional
Level or Stories Two
Additional Building Other
New Construction No
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Tax ID 22605-000-000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
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Bought with EXP Realty LLC
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