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$675,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 0.35 Acres
  • Updated 1 day ago
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Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence.

Full Property Details for 2600 E 1st Plaza

General

  • Price: $675,000
  • Taxes: $5,306 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Bay_County
  • MLS ID: 794807
  • Updated: 8/31/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 6

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 6

Parking

  • Parking Features: Paved

Location

  • County: Bay
  • Subdivision: Fairview
  • Driving Directions: From 740 S Tyndall Pkwy (US-98 E). Turn right onto S Tyndall Pkwy. Turn right onto Boat Race Rd. Continue on E Business Highway 98 (US-98-BR). Continue on E Highway 98 (US-98-BR). Turn left onto Cherry St. Turn right onto N Everitt Ave. Turn left onto E 1st Ct.

School Information

  • Elementary School: Cherry Street
  • Middle School: Jinks
  • High School: Bay

Community

  • Community Name: 05 - Bay County - East

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Stories/Levels: 1
  • Sq. Ft. Source: Appraiser
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,246
  • Lot Size: .35
  • Lot Dimensions: 147.0 ft x 105.0 ft

Financial Considerations

  • Tax Amount: $5,306.33
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: FAIRVIEW PLAT MAP 105D4 LOTS 23, 24 BLK A ORB 4481 P 1623
  • Property ID: 22987-000-000

Listed by ERA Neubauer Real Estate Inc

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Listing agent

— 2600 E 1st Plaza —

  • ERA Neubauer Real Estate Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2600 E 1st Plaza

School District:Bay County School District
NameGradesDistance
Merriam Cherry Street Elementary School
1125 Cherry Street, Panama City, FL 32401
PK-51.2 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-81.5 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 2600 E 1st Plaza Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/31/2026
Listed
$675,000
2610.84%
MLS
10/07/2021
Sold
$24,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2600 E 1st Plaza

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,135
—
$222,006
4%
2024
$5,135
679%
$213,948
640%
2023
$659
11%
$28,903
13%
2021
$593
-1%
$25,578
-2%
2022
$600
1%
$26,217
1%
2021
$593
444%
$25,961
-18%
2019
$109
-76%
$31,744
-50%
2018
$462
—
$63,550
—
2017
$462
-3%
$63,758
-1%
2016
$475
-4%
$64,093
-1%
2015
$494
—
$64,428
-1%
2014
$493
3%
$64,763
-3%
2013
$477
—
$67,016
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by ERA Neubauer Real Estate Inc

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2600 E 1st Plaza, Panama City, FL 32401 (MLS# 794807) is a Multi-Family property with units containing 6 bedrooms and 6 full bathrooms. 2600 E 1st Plaza is currently listed for $675,000 and was received on August 31, 2026. Want to learn more about 2600 E 1st Plaza? Do you have questions about finding other Multi-Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

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