1904 Calhoun Avenue, Panama City, FL 32405 (MLS# 792717)

List Price/SqFt: 107.78

Status: Active

List Date: 2026-07-06

List Price: $115,000

Current Price: $115,000

Sub Area: 0203 - Bay - Central SW

Community/Resort: None

Waterfront: No

Elementary School: Lucille Moore

Middle School: Jinks

High School: Bay

Directions: Drive down 390, turn left onto Frankford Ave. 0.8 miles down turn right on 19th St. 700 ft down turn right onto Calhoun Ave, home is on right 250ft down.

Area: 02 - Bay County - Central

Street #: 1904

Street Name: Calhoun

Street Suffix: Avenue

State: FL

Zip Code: 32405

County: Bay

Subdivision: Hentz 1st Add Unit A

Parcel ID: 28631-000-000

Legal Description: HENTZ 1ST ADD UNIT A LOT 12 BLK 2 ORB 269 P 561/See Exhibit A

Acreage: 0.23

Design: Florida Cottage

Lot Size (SqFt): 10019

Apx SqFt(Htd/Cooled): 1067

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 75.0 ft x 135.0 ft

New Construction: No

Garage Y/N: No

Covered Spaces: 1

Driveway Spaces: 2

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 1

Total Baths: 1

Year Built: 1956

HOA Fee: No

New Buyer Fee: No

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: Calling all investors, builders, contractors, and experienced rehab specialists. This is the value-add opportunity you've been waiting for. Solid cinderblock home, foundation in good condition. Square footage is more than 1,067 with unfinished addition in back through living room. Located in central Panama City, this property is ready for a complete transformation and offers tremendous potential for a full renovation or rebuild. The home will require a full rehabilitation and is being sold **AS-IS**. It has significant deferred maintenance and will need to be taken down to the studs, including major updates to the electrical system, plumbing, roof, HVAC, and interior finishes. The property also has visible mold and extensive cleanup will be required. This is **not** a conventional financing candidate and is best suited for cash buyers or renovation financing. Whether you're looking for your next fix-and-flip, long-term rental investment, or custom renovation, this property provides an opportunity to build equity from the ground up. With strong demand for renovated homes throughout Panama City and continued investment in the surrounding area, experienced investors will recognize the potential this property offers. Bring your contractor and your vision. No measurements have been taken. Buyer to verify all measurements and information if important.

Unfurnished: 1

First: 1

City Street: 1

Paved Road: 1

Carport Attached: 1

Driveway: 1

Resid Single Family: 1

Bedroom: 1

Living Room: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

Window Unit(s): 1