Recently Viewed Properties
See This Home
Save This Listing
Close

$450,000

  • Sold
  • Closed
  • Duplex
  • 5 Beds
  • 4 Full Baths
  • Updated 12 days ago
See This Home
Save This Home
See This Home
Save This Home
Income-Producing Duplex with Pool - Fully Renovated & Short-Term Rental Ready! Airbnb Gross Earnings $70,118.20 in 2024 and Airbnb Gross Earnings in 2025 is already at $64,247.38 (through end of July)! Welcome to your next investment! This beautifully renovated property features two fully equipped units, each with private laundry and modern upgrades throughout. Unit A offers 3 bedrooms, 2 bathrooms, and a private in-ground pool--a guest favorite. Unit B features 2 bedrooms and 2 bathrooms, plus a massive fenced backyard with endless potential--add a putting green, playground, firepit, or outdoor lounge space to increase rental appeal and income.Both units boast stylish white cabinetry, granite countertops, and durable tile plank flooring, creating a clean and cohesive look. Detached laundry rooms for each unit are conveniently located in the backyard. Whether you're looking to house hack, short-term rent, or add to your portfolio, this property delivers strong income potential in a desirable location!

Full Property Details for 2816 N Panama Ave #A&B

General

  • Sold For: $450,000
  • Status: Closed
  • Type: Duplex
  • Source: Bay_County
  • MLS ID: 775132
  • Added to Site: 142 day(s) ago

Interior

  • Number of Rooms: 5
  • Appliances: Electric Oven

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Private

Location

  • County: Bay
  • Subdivision: Sheffields 3rd Add
  • Driving Directions: Take HWY 231 take a left on Canal St, Right on Game farm and left onto Panama Ave.

School Information

  • Elementary School: Hiland Park
  • Middle School: Mowat
  • High School: Bay

Community

  • Community Name: 02 - Bay County - Central

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Cable Connected, Electricity Available

Structural Information

  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Sq. Ft. Source: Appraiser
  • Year Built: 1977

Lot Features

  • Lot Dimensions: 150 x 125
  • Lot Features: Paved
  • Zoning: City
  • Fencing (Description): Fenced, Privacy

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: SHEFFIELD'S 3RD ADD LOTS 11, 12 BLK 12 CASE # 80-2615 MAP 104A ORB 4715 P 1000
  • Property ID: 12209-010-000

Listed by EXP Realty LLC
Sold by LPT Realty LLC

Listing agent

— 2816 N Panama Ave #A&B —

  • EXP Realty LLC

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 2816 N Panama Ave #A&B

School District:Bay County School District
NameGradesDistance
Hiland Park Elementary School
2507 East Baldwin Road, Panama City, FL 32405
K-50.3 mi
Mowat Middle School
1903 County Road 390, Lynn Haven, FL 32444
6-82.4 mi
Bay High School
1200 Harrison Avenue, Panama City, FL 32401
9-122.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2816 N Panama Ave #A&B

Date
Details
Price
Change
Source
8/29/2025
Sold
$450,000
—
MLS
8/04/2025
Price Reduced
$450,000
-5.26%
MLS
6/19/2025
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by EXP Realty LLC
Sold by LPT Realty LLC

Just Listed near 2816 N Panama Ave #A&B

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

12 Cornelia St, Freeport, FL 32439 - Photo 1 Just Listed
$369,500

12 Cornelia St  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,039
    Sq. Ft.
Listed by Beverly Buck Team (850) 650-4563
96 Mary Ellen Way, Freeport, FL 32439 - Photo 1 Just Listed
$409,900

96 Mary Ellen Way  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,734
    Sq. Ft.
303 Staggerbush St, Freeport, FL 32439 - Photo 1 Just Listed
$319,900

303 Staggerbush St  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,458
    Sq. Ft.
54 Lottie Loop, Freeport, FL 32439 - Photo 1 Just Listed
$399,999

54 Lottie Loop  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,977
    Sq. Ft.

Price Reduced near 2816 N Panama Ave #A&B

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

400 Pitts Bayshore Dr, Freeport, FL 32439 - Photo 1 Price Reduced
-$184,000 (-11.26%)
$1,450,000

400 Pitts Bayshore Dr  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,734
    Sq. Ft.
Listed by Cheri Dickson (850) 612-1281 and Nick Brown (540) 379-4435
11 Gray Owl Dr, Freeport, FL 32439 - Photo 1 Price Reduced
-$12,785 (-3.53%)
$349,900

11 Gray Owl Dr  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,856
    Sq. Ft.
17925 US-331, Freeport, FL 32439 - Photo 1 Price Reduced
-$25,999 (-2.6%)
$975,000

17925 US-331  Freeport, FL 32439

  • Commercial
  • Active
16 W Gray Owl Dr W, Freeport, FL 32439 - Photo 1 Price Reduced
-$27,000 (-6.64%)
$379,900

16 W Gray Owl Dr W  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,108
    Sq. Ft.

Recent Sales near 2816 N Panama Ave #A&B

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2618 Outlaws Wy, Panama City, FL 32405 - Photo 1 Sold
$393,500

2618 Outlaws Wy  Panama City, FL 32405

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
2601 Outlaws Wy, Panama City, FL 32405 - Photo 1 Sold
$387,500

2601 Outlaws Wy  Panama City, FL 32405

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
2706 Woodmere Dr, Panama City, FL 32405 - Photo 1 Sold
$510,000

2706 Woodmere Dr  Panama City, FL 32405

  • Single Family
  • Closed
  • Updated 12 days ago
  • 3
    Beds
  • 3
    Total Baths
2511 Parkwood Dr, Panama City, FL 32405 - Photo 1 Sold
$485,000

2511 Parkwood Dr  Panama City, FL 32405

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths

2816 N Panama Avenue #A&B, Panama City, FL 32405 (MLS# 775132) is a Duplex property that was sold at $450,000 on August 29, 2025. Want to learn more about 2816 N Panama Avenue #A&B? Do you have questions about finding other Duplex 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.