1337 E Park Road Q1-4, Panama City, FL 32404 (MLS# 794078)


$400,000
1337 E Park Road Q1-4
Panama City, FL 32404
MLS# 794078
2 beds  |  2 baths  |  3000 sqft


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Property Description
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.

Details
Maps
General Property Info
Acreage: 0.13
Design: N/A
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
Garage Y/N: No
Pool: No
Sub-Type: Multi Family
Bedrooms: 2
Full Baths: 1
Total Baths: 2
Year Built: 1985
Contract Info
List Price/SqFt: 133.33
Status: Active
List Date: 2026-08-12
List Price: $400,000
Current Price: $400,000
Location
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
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 1704.17
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
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.
Appliances
Dishwasher: 1
Range - Electric: 1
Range Hood: 1
Refrigerator: 1
Water Heater - Electric: 1
Construction/Siding
Foundation - Slab on Grade: 1
Wood/Frame: 1
Roof - Dimensional Shg: 1
Siding - Stucco: 1
Trim - Wood: 1
Financing
Cash: 1
Conventional: 1
Furnished
Unfurnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Interior Lot: 1
Subdivision - Recorded: 1
Sidewalk: 1
Within 1/2 Mile to Water: 1
Lot Access
City Street: 1
Paved Road: 1
Parking Features
Oversized: 1
Paved: 1
Shared Driveway: 1
Present Zoning
Resid Multi-Family: 1
Rooms
Bedroom: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Utilities
Electricity - Connected: 1
Garbage: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Sale Type
As Is: 1
Full Bathroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Window Unit(s): 1
Heating
Central: 1
Electric: 1
Property Features
Appliances: Dishwasher; Range - Electric; Range Hood; Refrigerator; Water Heater - Electric
Full Bathroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric; Window Unit(s)
Heating: Central; Electric
Financing: Cash; Conventional
Furnished: Unfurnished
Kitchen: First
Living Room: First
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
Sale Type: As Is
Utilities: Electricity - Connected; Garbage; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Multi-Family
Room Information
Room Name Level Dimensions Length Width
BedroomFirst10 x 1210.0012.00
BedroomFirst10 x 1210.0012.00
Full BathroomFirst8 x 58.005.00
KitchenFirst10 x 610.006.00
Living RoomFirst14 x 1214.0012.00

Listing Office: Anchor Realty Florida

Last Updated: August - 14 - 2026

Information deemed reliable but not guaranteed.