1509 Wilmont Avenue
Panama City, FL 32405
MLS# 788992
2 beds | 1 baths | 1152 sqft
Property DescriptionInvestment opportunity with both short-term and long-term rentals allowed! Full of the charm and character you'd hope to find in a classic Florida cottage, this 2-bedroom, 1-bath home offers an opportunity that's just as appealing for its personality as it is for its potential. From the wood details and cottage-style touches throughout to the cozy, welcoming feel, this is a home that feels anything but cookie-cutter.
Inside, you'll find a functional layout and a surprisingly spacious kitchen with ample cabinet space, while the screened-in back porch extends the living space outdoors. Beyond it is a HUGE backyard with plenty of room to create an outdoor entertaining area, fire pit, garden, or simply enjoy all that extra space.
And then there's the location. HISTORIC ST. ANDREWS is LESS THAN 1 MILE away, putting some of Panama City's favorite local restaurants, coffee shops, boutiques, the marina, waterfront, and year-round community events just minutes from home. PANAMA CITY BEACH is also LESS THAN 3 MILES away, giving you easy access to the white sand beaches and beach living while still enjoying the character and local feel of Panama City.
Whether you're looking for a short-term rental, long-term investment, primary residence, or a property that gives you flexibility for the future, this cottage brings together character, location, outdoor space, and investment potential in a way that's hard to find.
Acreage: 0.16
Design: Florida Cottage
Lot Size (SqFt): 6970
Apx SqFt(Htd/Cooled): 1152
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
Accessory Dwelling Unit: No
Pre-Const Flip: No
Lot Dimensions: 66 x 110
New Construction: No
Sub-Type: Detached Single Family
Bedrooms: 2
Full Baths: 1
Total Baths: 1
List Price/SqFt: 180.12
Status: Active
List Date: 2026-04-27
List Price: $207,500
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Lucille Moore
Middle School: Jinks
High School: Bay
Directions: From Hwy 98 in St. Andrews, East of Beck Ave, Turn North on Ailment (at Walborsky and Bradley office) . Home is on the Left.
Area: 02 - Bay County - Central
Street #: 1509
Street Name: Wilmont
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 29501-000-000
Legal Description: 36 3S 15W SE1/4 LOT 5 LESS TO ST BLK 25 ORB 4711 P 1565
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 3924
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Township: Panama City
Remarks: Investment opportunity with both short-term and long-term rentals allowed! Full of the charm and character you'd hope to find in a classic Florida cottage, this 2-bedroom, 1-bath home offers an opportunity that's just as appealing for its personality as it is for its potential. From the wood details and cottage-style touches throughout to the cozy, welcoming feel, this is a home that feels anything but cookie-cutter.
Inside, you'll find a functional layout and a surprisingly spacious kitchen with ample cabinet space, while the screened-in back porch extends the living space outdoors. Beyond it is a HUGE backyard with plenty of room to create an outdoor entertaining area, fire pit, garden, or simply enjoy all that extra space.
And then there's the location. HISTORIC ST. ANDREWS is LESS THAN 1 MILE away, putting some of Panama City's favorite local restaurants, coffee shops, boutiques, the marina, waterfront, and year-round community events just minutes from home. PANAMA CITY BEACH is also LESS THAN 3 MILES away, giving you easy access to the white sand beaches and beach living while still enjoying the character and local feel of Panama City.
Whether you're looking for a short-term rental, long-term investment, primary residence, or a property that gives you flexibility for the future, this cottage brings together character, location, outdoor space, and investment potential in a way that's hard to find.
Dishwasher: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Ceiling - Crwn Molding: 1
Floor - Hardwood: 1
Floor - Vinyl: 1
Kitchen Island: 1
Foundation - Slab on Grade: 1
Siding - Hardie Board: 1
Fenced Lot-Part: 1
Fenced Privacy: 1
Cleared: 1
Interior Lot: 1
City Street: 1
Paved Road: 1
Full Bathroom: 1
Kitchen: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Ceiling Fan(s): 1
Central Air: 1
Appliances: Dishwasher; Microwave; Oven - Electric; Refrigerator
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Exterior: Fenced Lot-Part; Fenced Privacy; Porch Screened
Financing: Cash; Conventional; FHA; VA
Lot Features: Cleared; Interior Lot
Lot Access: City Street; Paved Road
Parking Features: Driveway; No Garage
Rooms: Bedroom; Foyer; Full Bathroom; Kitchen; Laundry; Living Room
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | First | 10.5 x 9.2 | 10.50 | 9.20 |
| Bedroom | First | 10.9 x 10.5 | 10.90 | 10.50 |
| Foyer | First | 11 x 6 | 11.00 | 6.00 |
| Living Room | First | 22.5 x 11.4 | 22.50 | 11.40 |
| Kitchen | First | 24.3 x 11.3 | 24.30 | 11.30 |
| Full Bathroom | First | 8.8 x 4.6 | 8.80 | 4.60 |
| Laundry | First | 11.1 x 5.7 | 11.10 | 5.70 |
Listing Office: eXp Realty LLC
Last Updated: October - 26 - 2026
Information deemed reliable but not guaranteed.