2432 Valley Oak Court, Panama City, FL 32408 (MLS# 797611)


$475,000
2432 Valley Oak Court
Panama City, FL 32408
MLS# 797611
4 beds  |  4 baths  |  2196 sqft


Front
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Property Description
Discover an incredible investment opportunity on Panama City Beach! This well-maintained duplex, built in 2019, features two spacious units, each offering 2 bedrooms and 2 bathrooms. Ideally located in the desirable North Lagoon area, the property is just approximately 2 minutes from the beach, making it an excellent opportunity for both investors and those looking to own a beach property. Each unit has separate electric and water meters, providing added convenience and flexibility for ownership and management. One unit is currently occupied, offering immediate rental income, while the other provides additional income potential. With short term rentals allowed, this property offers outstanding flexibility for vacation rental income, long term tenants, or a combination of both. Call today for showing instructions.

Details
Maps
General Property Info
Acreage: 0.26
Design: Duplex
Lot Size (SqFt): 10890
Apx SqFt(Htd/Cooled): 2196
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 75.0 ft x 150.0 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: No
Sub-Type: Multi-Unit
Bedrooms: 4
Full Baths: 4
Total Baths: 4
Year Built: 2019
Contract Info
List Price/SqFt: 216.3
Status: Active
List Date: 2026-11-16
List Price: $475,000
Current Price: $475,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: North Lagoon Oaks
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Heading South on Thomas Drive, turn right onto Summer Oak Drive. Make a right onto Grand Oaks Lane and then make a left on Valley Oak Court. Duplex will be on the left.
Area: 03 - Bay County - Beach
Street #: 2432
Street Name: Valley Oak
Street Suffix: Court
State: FL
Zip Code: 32408
County: Bay
Subdivision: North Lagoon Oaks
Parcel ID: 30167-808-000
Legal Description: NORTH LAGOON OAKS 7TH ADD. LOT 2 BLK D ORB 4713 P 2049
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 5684.85
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: Discover an incredible investment opportunity on Panama City Beach! This well-maintained duplex, built in 2019, features two spacious units, each offering 2 bedrooms and 2 bathrooms. Ideally located in the desirable North Lagoon area, the property is just approximately 2 minutes from the beach, making it an excellent opportunity for both investors and those looking to own a beach property. Each unit has separate electric and water meters, providing added convenience and flexibility for ownership and management. One unit is currently occupied, offering immediate rental income, while the other provides additional income potential. With short term rentals allowed, this property offers outstanding flexibility for vacation rental income, long term tenants, or a combination of both. Call today for showing instructions.
Appliances
Dishwasher: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Water Heater - Electric: 1
Construction/Siding
Foundation - Slab on Grade: 1
Roof - Dimensional Shg: 1
Siding - Hardie Board: 1
Trim - Hardie Board: 1
Exterior
Fenced Back Yard: 1
Patio Open: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Access
City Street: 1
Paved Road: 1
Parking Features
Driveway: 1
Garage Attached: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Utilities
Public Sewer - Connected: 1
Septic Tank: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Electric: 1
Property Features
Appliances: Dishwasher; Microwave; Range - Electric; Refrigerator; Water Heater - Electric
Bedroom: First
Cooling: Ceiling Fan(s); Central Air
Heating: Electric
Exterior: Fenced Back Yard; Patio Open
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Kitchen: First
Living Room: First
Lot Access: City Street; Paved Road
Parking Features: Driveway; Garage Attached
Rooms: Bedroom; Kitchen; Living Room
Utilities: Public Sewer - Connected; Septic Tank
Room Information
Room Name Level Dimensions Length Width
BedroomFirst11 x 1111.0011.00
BedroomFirst11 x 1311.0013.00
Living RoomFirst19 x 1319.0013.00
KitchenFirst11 x 811.008.00

Listing Office: CENTURY 21 Commander Realty

Last Updated: November - 13 - 2026

Information deemed reliable but not guaranteed.