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$560,000
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Property Description
Introducing a very rare opportunity in Lynn Haven; a true wealth-building asset at 1202 Pennsylvania Ave. This quadplex offers the perfect blend of lifestyle, location, and long-term financial upside. Whether you're a seasoned investor or a buyer looking to break into real estate the smart way, this property checks every box. Live in one unit and rent out the other three; ideal for VA and FHA buyers looking to offset their mortgage, build equity, and create immediate cash flow. Opportunities like this are few and far between in this market. Positioned in one of Bay County's most desirable and steadily growing communities, Lynn Haven continues to see strong demand driven by its proximity to Panama City, local employers, and the Gulf Coast. The area boasts a population of over 20,000 residents with consistent growth and a median household income around $80K-$83K, supporting a stable and reliable rental pool. Tenants and owners alike will appreciate the convenience; just minutes from shopping, dining, schools, parks, and everyday essentials. With an average commute of roughly 5 minutes in the area, residents enjoy both accessibility and a quieter, residential feel outside the busier beach zones. For investors, this is a strong addition to any portfolio with multiple income streams under one roof and long-term appreciation potential in a high-demand rental market. For owner-occupants, this is your chance to live nearly mortgage-free while your tenants help you build wealth month after month. Multi-family opportunities like this in Lynn Haven are extremely limited; don't miss your chance to secure a property that offers both financial freedom and everyday convenience.
Full Property Details
Full Property Details for 1202 Pennsylvania Ave
General
- Sold For: $560,000
- Taxes: $4,818 (2025)
- Status: Closed
- Type: Multi-Family
- Source: Bay_County
- MLS ID: 788463
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Additional Parking, Parking Lot
Location
- County: Bay
- Subdivision: Lynn Haven
- Driving Directions: Turn off of 77 Onto 12th st. Then, take the next available right turn and you have arrived at 1202
School Information
- Elementary School: Lynn Haven
- Middle School: Mowat
- High School: Mosley
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Utility Description: Underground Utilities
Structural Information
- Construction: Vinyl Siding
- Roof: Composition, Shingle
- Sq. Ft. Source: Appraiser
- Year Built: 1998
Lot Features
- Lot Dimensions: 115 x 150
- Frontage: City Street
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $4,818
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LYNN HAVEN 102C4 LOTS 1 & 2 & E 15' OF RR AVE ADJ SD LOTS BLK 208 ORB 4230 P 796
- Property ID: 10006-000-000
Listed by CENTURY 21 Commander Realty
Sold by Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 1202 Pennsylvania Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Deer Point Elementary School 4800 Highway 2321, Panama City, FL 32404 | K-5 | 3.5 mi |
Mowat Middle School 1903 County Road 390, Lynn Haven, FL 32444 | 6-8 | 1.1 mi |
A. Crawford Mosley High School 501 Mosley Drive, Lynn Haven, FL 32444 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1202 Pennsylvania Ave
Date
Details
Price
Change
Source
5/20/2026
Sold
$560,000
-3.28%
MLS
4/16/2026
Listed
$579,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1202 Pennsylvania Avenue, Lynn Haven, FL 32444 (MLS# 788463) is a Multi-Family property that was sold at $560,000 on May 20, 2026. Want to learn more about 1202 Pennsylvania Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lynn Haven? You can browse all Lynn Haven real estate or contact a Coldwell Banker agent to request more information.

