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331 Maine Avenue

Panama City, FL 32401
  • $237,300
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 995011
Price Reduced
$237,300
  • 4
    BEDS
  • 0.35
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,152
    SQFT
  • $206
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1945
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:
Bay

Description

*****UNDER CONTRACT. SELLER WILL CONSIDER TAKING BACKUP OFFERS.***** HOT OPPORTUNITY FOR INCOME AND A BIG TAX BREAK, ALL IN ONE! Or enjoy the furnishings, appliances, decor, and accessories as an owner-occupant. EVERYTHING CONVEYS! This property, once a 4 BR 2 BA, has been converted to a 2-unit rental property, perfect for short- or mid-term rental income or a single-family main house/mother-in-law suite arrangement. This property has been rented only on Furnished Finder and by word of mouth. Income for 2025 was $28,710! Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you're there. WHY THIS PROPERTY IS AWESOME: --Multiple possibilities for living/renting - especially as workforce housing for travel nurses, contractors, and others --2 BR, 1 BA in front, 1 BR, 1 BA in back --Proven income of up to $1,700 for front unit, $1,600/mo for back unit - WOW! --Full kitchen in front, efficient kitchenette in back --SOLD FULLY FURNISHED! --Driveway parking for 4; boat parking is easy! --HUGE backyard on this 75' x 200' lot. Make your own nature oasis or put in a pool! --Close to Ascension Sacred Heart (Bay Medical), downtown PC, Eastern Shipbuilding, two marinas, Tyndall AFB, and Gene's Oyster Bar COME SEE THIS TODAY! OPEN FOR SHOWINGS ANY TIME!

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2026-03-13T00:00:31.777.
Vendor Member #28178.
www.thecoastalconnectionpropertysearch.com/homes/172951713
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331 Maine Avenue Panama City, FL 32401

  • Price: $237,300
  • Status: Active
  • On Site: 29 Days
  • MLS #: 995011
4
Beds
2
Baths
0
½ Baths
0.35
Acres
1,152
SQFT
$206
$/SQFT
1945
Built
Neighborhood:
Welch Addn
County:
Bay
Area:
Bay County
Elementary School:
Cherry Street
Middle School:
Jinks
High School:
Bay
Property Description
*****UNDER CONTRACT. SELLER WILL CONSIDER TAKING BACKUP OFFERS.***** HOT OPPORTUNITY FOR INCOME AND A BIG TAX BREAK, ALL IN ONE! Or enjoy the furnishings, appliances, decor, and accessories as an owner-occupant. EVERYTHING CONVEYS! This property, once a 4 BR 2 BA, has been converted to a 2-unit rental property, perfect for short- or mid-term rental income or a single-family main house/mother-in-law suite arrangement. This property has been rented only on Furnished Finder and by word of mouth. Income for 2025 was $28,710! Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you're there. WHY THIS PROPERTY IS AWESOME: --Multiple possibilities for living/renting - especially as workforce housing for travel nurses, contractors, and others --2 BR, 1 BA in front, 1 BR, 1 BA in back --Proven income of up to $1,700 for front unit, $1,600/mo for back unit - WOW! --Full kitchen in front, efficient kitchenette in back --SOLD FULLY FURNISHED! --Driveway parking for 4; boat parking is easy! --HUGE backyard on this 75' x 200' lot. Make your own nature oasis or put in a pool! --Close to Ascension Sacred Heart (Bay Medical), downtown PC, Eastern Shipbuilding, two marinas, Tyndall AFB, and Gene's Oyster Bar COME SEE THIS TODAY! OPEN FOR SHOWINGS ANY TIME!
Exterior Features

Architectural Style Beach House Carport YN No Construction Materials Siding Vinyl Covered Spaces 1 Exterior Features [] Lot Features Within 1/2 Mile to Water Lot Size Dimensions 75x200 Parking Features [] Pool YN No Road Frontage Type City Street Road Surface Type [] View [] Waterfront Features []

Interior Features

Appliances DryerMicrowaveRefrigeratorStove/Oven ElectricWasher Cooling Wall/Window Unit(s)Ceiling Fans Cooling YN Yes First Floor Bedroom Yes Heating [] Interior Features Split Bedroom Rooms Total 6

Property Features

Association Fee Includes [] Buyer Financing Conventional Community Features [] Green Energy Efficient [] New Construction YN No Pool Type None Property Condition Construction Complete Property Sub Type Detached Single Family Special Listing Conditions [] Tax Amount 2457.3 Tax Year 2025 Utilities ElectricPublic Water Zoning Resid Single Family

Listing courtesy of EXP Realty LLC: 888-883-8509.


© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2026-03-13T00:00:31.777.
Vendor Member #28178.
 
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