206 S Gay Avenue
Panama City, FL 32404
MLS# 796040
3 beds | 2 baths | 1575 sqft
Property DescriptionPOOL HOME! Bring your vision to this 3-bedroom, 2-bath BRICK home offering an exciting opportunity for investors, flippers, or buyers looking to create a home of their own. This handyman special/fixer-upper has a solid foundation of features and plenty of room to add value with some TLC and updates, close to Tyndall AFB. The home offers a one-car garage, functional layout, and a 2022 roof, providing an important recent improvement. Step outside to discover a fenced backyard with an in-ground pool and storage shed, creating the potential for an incredible outdoor living and entertaining space once refreshed. Whether you're looking for your next renovation project, investment property, or an opportunity to transform a home into something truly your own, this property is ready for its next chapter. So many possibilities--bring your imagination and make this one shine! All sizes, info, measurements approx; please verify if important.
Acreage: 0.3
Design: Traditional
Lot Size (SqFt): 13068
Apx SqFt(Htd/Cooled): 1575
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 95.0 ft x 140.0 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Total Baths: 2
Year Built: 1968
List Price/SqFt: 107.94
Status: Active
List Date: 2026-09-30
List Price: $170,000
Sub Area: 0202 - Bay - Central SE
Community/Resort: Lannie Rowe
Waterfront: No
Elementary School: Parker
Middle School: Rutherford Middle
High School: Rutherford
Directions: Travel South on Tyndall Parkway. Turn Left onto Cherry Street, and a right onto S Gay. Continue down S Gay, property is on the right 206.
Area: 02 - Bay County - Central
Street #: 206
Street Direction: S
Street Name: Gay
Street Suffix: Avenue
County: Bay
Subdivision: Lannie Rowe Lake Estates U-2
Parcel ID: 07086-000-000
Legal Description: LANNIE ROWE LAKE EST U-2 LOT 7 BLK A (132B2) ORB 4052 P 1272
HOA Fee: No
New Buyer Fee: No
Last Taxes: 749.77
Last Tax Year: 2025
Brokerage Interest: No Interest
Township: Lynn Haven
Remarks: POOL HOME! Bring your vision to this 3-bedroom, 2-bath BRICK home offering an exciting opportunity for investors, flippers, or buyers looking to create a home of their own. This handyman special/fixer-upper has a solid foundation of features and plenty of room to add value with some TLC and updates, close to Tyndall AFB. The home offers a one-car garage, functional layout, and a 2022 roof, providing an important recent improvement. Step outside to discover a fenced backyard with an in-ground pool and storage shed, creating the potential for an incredible outdoor living and entertaining space once refreshed. Whether you're looking for your next renovation project, investment property, or an opportunity to transform a home into something truly your own, this property is ready for its next chapter. So many possibilities--bring your imagination and make this one shine! All sizes, info, measurements approx; please verify if important.
Oven - Electric: 1
Refrigerator: 1
Fireplace: 1
Floor - Laminate: 1
Brick: 1
Foundation - Slab on Grade: 1
Wood/Frame: 1
Roof - Composite Shngl: 1
Roof - Gutters: 1
Siding - Wood: 1
Fenced Back Yard: 1
Patio Enclosed: 1
Driveway: 1
Garage Attached: 1
Cable - Available: 1
Electricity - Availabile: 1
Phone - Available: 1
Sewer Available: 1
Public Water - Available: 1
Central Air: 1
Electric: 1
MBath Shower/Tub Combo: 1
Appliances: Dryer; Microwave; Oven - Electric; Refrigerator; Washer
Cooling: Central Air; Electric
Heating: Central; Electric
Exterior: Fenced Back Yard; Patio Enclosed
Financing: Cash; Conventional
Pool Features: Inground; Liner
Parking Features: Driveway; Garage Attached
Other Structures: Shed(s)
Rooms: Den; Garage; Kitchen
Utilities: Cable - Available; Electricity - Availabile; Phone - Available; Sewer Available; Public Water - Available
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width |
| Garage | First | 12 x 20 | 12.00 | 20.00 |
| Den | First | 15 x 25 | 15.00 | 25.00 |
| Kitchen | First | 12 x 13 | 12.00 | 13.00 |
Listing Office: Keller Williams Success Realty
Last Updated: September - 30 - 2026
Information deemed reliable but not guaranteed.