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For Sale

1016 W 12th Street

1016 W 12th Street, Panama City, FL 32401

$520,000
$520,000

1016 W 12th Street

7 Beds 5 Baths 3,679 Sq.Ft.

Contact Agent

Description

Dual-Home Family Retreat Near Beach Drive - Live, Rent, or Both!
Discover the perfect blend of family living and investment potential in this rare dual-home property near Panama City's Beach Drive and St. Andrews. Ideal for multi-generational families, those needing a mother-in-law suite, or buyers seeking income flexibility, this property offers space, comfort, and opportunity in one.
Property Features:
Two Homes, One Lot: Separate addresses for privacy or rental income.
Front Home: 5 bed, 3 bath, spacious living areas, granite kitchen, and modern upgrades.
Back Home: 2 bed, 2 bath cottage -- perfect for in-laws, guests, or tenants.
Bonus Space: 200+ sq ft garage area ready for a home office, extra bedroom, or entertainment room.
Updated & Ready: Post-Hurricane Michael roof, updated HVAC, new appliances, granite countertops, and irrigation system.
Parking: Two-car garage with rear alley access for convenience.
Investment & Lifestyle Flexibility:
Live in one home and rent the other for added income.
Use the back home as a mother-in-law suite or short-term rental.
Convert the bonus space to boost rental value or expand family living.
Prime Location:
Steps from Beach Drive waterfront and St. Andrews dining and shops.
Close to schools, library, and parks -- perfect for families.
Central location with easy access to work, shopping, and recreation.
With 7 bedrooms, 5 baths, and move-in-ready upgrades, this versatile property suits both family living and long-term investment goals. Enjoy the flexibility to live, rent, or expand -- all within minutes of Panama City's coastal charm.
Schedule your showing today and explore the possibilities!

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Location

1016 W 12th Street, Panama City, FL 32401

Status

For Sale
Joshua Wade

Joshua Wade

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms5
  • full bathrooms5
  • APPLIANCES Electric Water Heater, Ice Maker

Area & Lot

  • Status For Sale
  • Living Area3,679 Sq.Ft.
  • Total Area3,679 Sq.Ft.
  • Lot Area0.4 Acres
  • MLS® ID778925
  • TypeMulti-Family
  • YEAR BUILT1969
  • NeighborhoodSweetBay
  • Architecture StylesDuplex
  • Elementary SchoolNorthside
  • Middle SchoolJinks
  • High SchoolBay

Exterior

  • Garage Space2.0
  • utilitiesCable Connected, Sewer Available
  • parkingAdditional Parking, Alley Access, Drive Through
  • HEAT TYPEElectric
  • AIR CONDITIONINGCentral Air, Ceiling Fan(s)
  • sewerPublic Sewer

Financial

  • Sales Price$520,000
  • Real Estate Tax $5,165/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 1016 W 12th Street, Panama City, FL 32401. We are reviewing your request and will be in touch shortly!
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Are you looking to buy or sell in Panama City, FL area? We'd love to become your trusted real estate resource. We look forward to connecting with you!

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Contact Details

Think Real Estate

Phone

(850) 270-4200

Email

[email protected]

Address

2810 Martin Luther King Jr Blvd Suite C Panama City FL 32405

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