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Property Description
Investor Special - Rare Multi-Dwelling Opportunity in Prime Panama City Location! Priced to sell and packed with potential, this unique property features three separate dwellings on approximately .30 acres, offering endless possibilities for savvy investors or multi-generational living. With a combined 8 bedrooms and 4 total bathrooms, this is a rare chance to create strong rental income or a private family compound where everyone enjoys their own space. Located just one block from MLK Jr. Blvd, a major thoroughfare, and a block from a brand-new park, the property also sits minutes from Ascension Bay Hospital, one of the area's most renowned medical facilities-making it highly desirable for tenants. A perfect location for traveling nurses, anesthesiologists and other medical professionals to rest between shifts at the hospitals! Centrally located to shopping, dining, and everyday conveniences, and just 15 minutes from Panama City Beach, this location checks every box. While the homes do need work, they offer an excellent opportunity for renovation, conversion, or a full flip with significant upside. Whether you're looking to maximize cash flow, redevelop, or customize to your vision, this property delivers flexibility and long-term value. Highlights: 3 dwellings on approx. .30 acres 8 bedrooms / 4 bathrooms total Ideal for rental income, flipping, or family compound Near Ascension Bay Hospital One block from new park & MLK Jr. Blvd Central Panama City location 15 minutes to Panama City Beach Opportunities like this don't come around often-bring your vision and unlock the potential of this income-producing property!
Full Property Details
Full Property Details for 709 E 13th Ct
General
- Price: $250,000
- Taxes: $3,627 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 783335
- Updated: 1/11/2026
- Added to Site: 9 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Porch/Patio/Deck: Covered, Porch
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: Going S on MLK Jr, turn L on 12th street, first R then R on 13th ct
School Information
- Elementary School: Cedar Grove
- 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, Window Unit(s)
- Heating Type: Other, Radiant Floor, See Remarks
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Cabin
- Sq. Ft. Source: Appraiser
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Lot Size: .28
- Lot Dimensions: 120 x 101
- Frontage: City Street
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $3,627
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: SHADY HAVEN LOTS 15 & 16 BLK C ORB 4130 P 136 MAP 105B1
- Property ID: 17368-000-000
Listed by Think Real Estate
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Schools
Schools serving 709 E 13th Ct
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Grove Elementary School 2826 East 15th Street, Panama City, FL 32405 | PK-5 | 1.7 mi |
Mowat Middle School 1903 County Road 390, Lynn Haven, FL 32444 | 6-8 | 4.4 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 0.6 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 709 E 13th Ct
Date
Details
Price
Change
Source
1/07/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 709 E 13th Ct
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,250
28%
$162,769
9%
2023
$2,548
46%
$149,063
50%
2021
$1,748
-20%
$99,617
-24%
2022
$2,179
25%
$131,433
61%
2021
$1,748
31%
$81,873
-1%
2019
$1,335
-17%
$82,571
-22%
2018
$1,601
5%
$105,706
4%
2017
$1,527
-3%
$101,891
-1%
2016
$1,572
-4%
$102,495
-1%
2015
$1,632
—
$103,474
-1%
2014
$1,633
7%
$104,455
-1%
2013
$1,526
—
$105,434
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 709 E 13th Ct
709 E 13th Court, Panama City, FL 32401 (MLS# 783335) is a Single Family property with 8 bedrooms and 4 full bathrooms. 709 E 13th Court is currently listed for $250,000 and was received on January 07, 2026. Want to learn more about 709 E 13th Court? Do you have questions about finding other Single 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.

