$745,000
Panama City Beach, FL 32408
MLS# 792289
8 beds | 8 baths | 3732 sqft
1 / 50
Property Description
Rare Quadplex Investment Opportunity! This well maintained quadplex features an assumable 2.875% FHA mortgage (subject to lender approval and buyer qualification), offering qualified buyers the opportunity to secure an exceptional below market interest rate. The property is zoned x flood zone & Commercial Mixed Use, making it applicable for short-term rental use. Major updates include a roof replaced in 2019, and 4-Point Inspection reports are available for each unit, documenting the HVAC and plumbing. Ideally located just 7 minutes from Beach Access 2, the property is also surrounded by popular restaurants, shopping, and grocery stores, making it an attractive option for both long term tenants and vacation guests. Whether you're expanding your portfolio or seeking a versatile income producing property, this quadplex is an opportunity you won't want to miss.
Details
Maps
Contract Info
List Price/SqFt: 199.62
Status: Active
List Date: 2026-07-07
List Price: $745,000
Current Price: $745,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: get onto C R 392/ Navy Blvd / Thomas drive, Turn left onto Gwyn Dr, in 0.2 miles 133 Gwen drive is to your left.
Area: 03 - Bay County - Beach
Street #: 133
Street Name: Gwyn
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 30165-260-010
Legal Description: 4 4S 15W -15.10A- 69B COM 1033.69' N OF NE COR OF GREENTREE UNIT ONE TH W 188.94 FOR POB TH CONT W 80' S 119.11 E 80' N 119.15' TO POB AKA LOT 3 SUBJ TO ESMT ORB 4462 P 989
General Property Info
Acreage: 0.21
Design: N/A
Lot Size (SqFt): 9148
Apx SqFt(Htd/Cooled): 3732
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 2
Lot Dimensions: 80.0 ft x 119.0 ft
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Quadplex Multi-Units
Bedrooms: 8
Full Baths: 8
Total Baths: 8
Year Built: 1998
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Rare Quadplex Investment Opportunity! This well maintained quadplex features an assumable 2.875% FHA mortgage (subject to lender approval and buyer qualification), offering qualified buyers the opportunity to secure an exceptional below market interest rate. The property is zoned x flood zone & Commercial Mixed Use, making it applicable for short-term rental use. Major updates include a roof replaced in 2019, and 4-Point Inspection reports are available for each unit, documenting the HVAC and plumbing.
Ideally located just 7 minutes from Beach Access 2, the property is also surrounded by popular restaurants, shopping, and grocery stores, making it an attractive option for both long term tenants and vacation guests. Whether you're expanding your portfolio or seeking a versatile income producing property, this quadplex is an opportunity you won't want to miss.
Appliances
Cooktop - Electric: 1
Construction/Siding
Siding - Vinyl: 1
Furnished
Unfurnished: 1
Lot Features
Dead End: 1
Lot Access
City Street: 1
Present Zoning
Commercial: 1
Resid Multi-Family: 1
Rooms
Bedroom: 1
Primary Bathroom: 1
Primary Bedroom: 1
Utilities
Public Sewer - Connected: 1
Public Water - Connected: 1
Sale Type
As Is: 1
Primary Bedroom
First: 1
Second: 1
Bedroom
First: 1
Second: 1
Cooling
Central Air: 1
Heating
Central: 1
Primary Bathroom
Second: 1
Property Features
Appliances: Cooktop - Electric
Primary Bedroom: First; Second
Bedroom: First; Second
Cooling: Central Air
Heating: Central
Furnished: Unfurnished
Lot Features: Dead End
Lot Access: City Street
Primary Bathroom: Second
Rooms: Bedroom; Primary Bathroom; Primary Bedroom
Sale Type: As Is
Utilities: Public Sewer - Connected; Public Water - Connected
Present Zoning: Commercial; Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Primary Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Primary Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Primary Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Primary Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Primary Bathroom | Second | 10 x 10 | 10.00 | 10.00 |
Listing Office: Keller Williams Success Realty
Last Updated: July - 07 - 2026
Information deemed reliable but not guaranteed.