1337 E Park Road Q1-4
Panama City, FL 32404
MLS# 794078
2 beds | 2 baths | 3000 sqft
Property DescriptionGREAT INVESTMENT OPPORTUNITY! This is 1 of 3 Apartment Buildings For Sale. There is Q1-4, R1-4 & S1-4. Other Parcel Numbers:
07238-006-000,
07238-003-000 Each building has 4 apartments 2/1.5 Bath about 750 sq. ft. each with total area of 3000 sq. ft. total. All 3 buildings have 12 total units, 9,000 sq ft total. $1,200,000 for all three buildings. Rental Income available and expenses.
Vacancy is typically 90% and rent fast when turned over. Buyer and Buyers agent to verify all dimensions and anything deemed important.
Lot Size (SqFt): 5663
Apx SqFt(Htd/Cooled): 3000
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
# of Stories in Building: 2
# of Units in Bldg: 4
Accessory Dwelling Unit: No
Lot Dimensions: 55.0 ft x 105.0 ft
New Construction: No
Sub-Type: Multi Family
Bedrooms: 2
Full Baths: 1
Total Baths: 2
List Price/SqFt: 133.33
Status: Active
List Date: 2026-08-12
List Price: $400,000
Unit #: Q1-4
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Parker
Middle School: Rutherford Middle
High School: Rutherford
Directions: From Wal-Mart on the Highway 98 (Tyndall Parkway) travel east and turn left on Wallace. Turn right on Park and the 3- building complex will be on the right.
Area: 02 - Bay County - Central
Street #: 1337
Street Direction: E
Street Name: Park
Street Suffix: Road
State: FL
Zip Code: 32404
County: Bay
Subdivision: East Bay Park
Parcel ID: 07238-004-000
Legal Description: EAST BAY PARK BEG 100' S 355.73' W 237.29' NELY OF NE COR LOT 4 BLK A TH 105.8' NWLY 42.97' NELY 105.38' E 68.23' SWLY TO POB AKA PT LOT 21 ORB 3726 P 396 (21.3) (132C4) BLK A
HOA Fee: No
New Buyer Fee: No
Last Taxes: 1704.17
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks: GREAT INVESTMENT OPPORTUNITY! This is 1 of 3 Apartment Buildings For Sale. There is Q1-4, R1-4 & S1-4. Other Parcel Numbers:
07238-006-000,
07238-003-000 Each building has 4 apartments 2/1.5 Bath about 750 sq. ft. each with total area of 3000 sq. ft. total. All 3 buildings have 12 total units, 9,000 sq ft total. $1,200,000 for all three buildings. Rental Income available and expenses.
Vacancy is typically 90% and rent fast when turned over. Buyer and Buyers agent to verify all dimensions and anything deemed important.
Dishwasher: 1
Range - Electric: 1
Range Hood: 1
Refrigerator: 1
Water Heater - Electric: 1
Foundation - Slab on Grade: 1
Wood/Frame: 1
Roof - Dimensional Shg: 1
Siding - Stucco: 1
Interior Lot: 1
Subdivision - Recorded: 1
Sidewalk: 1
Within 1/2 Mile to Water: 1
City Street: 1
Paved Road: 1
Bedroom: 1
Full Bathroom: 1
Electricity - Connected: 1
Garbage: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Window Unit(s): 1
Appliances: Dishwasher; Range - Electric; Range Hood; Refrigerator; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air; Electric; Window Unit(s)
Heating: Central; Electric
Financing: Cash; Conventional
Lot Features: Interior Lot; Sidewalk; Subdivision - Recorded; Within 1/2 Mile to Water
Lot Access: City Street; Paved Road
Parking Features: Oversized; Paved; Shared Driveway
Rooms: Bedroom; Full Bathroom; Kitchen; Living Room
Utilities: Electricity - Connected; Garbage; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Multi-Family
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | First | 10 x 12 | 10.00 | 12.00 |
| Bedroom | First | 10 x 12 | 10.00 | 12.00 |
| Full Bathroom | First | 8 x 5 | 8.00 | 5.00 |
| Kitchen | First | 10 x 6 | 10.00 | 6.00 |
| Living Room | First | 14 x 12 | 14.00 | 12.00 |
Listing Office: Anchor Realty Florida
Last Updated: August - 14 - 2026
Information deemed reliable but not guaranteed.