3911 E 11th Street, Panama City, FL 32404 (MLS# 789143)

List Price/SqFt: 60.34

Status: Active

List Date: 2026-04-24

List Price: $489,000

Current Price: $489,000

Sub Area: 0202 - Bay - Central SE

Community/Resort: None

Waterfront: No

Elementary School: Cedar Grove

Middle School: Rutherford Middle

High School: Rutherford

Directions: Hwy. 98 to Transmitter Rd., right on Transmitter, left on 11th, property onleft just before Phillips Lane.

Area: 02 - Bay County - Central

Street #: 3911

Street Direction: E

Street Name: 11th

Street Suffix: Street

State: FL

Zip Code: 32404

County: Bay

Subdivision: No Named Subdivision

Parcel ID: 15029-062-000

Legal Description: 1 4S 14W -104.14- 118A2 BEG 2686.67' N & 649' E OF SW COR TH N 150' E 196' S 150' W 196' TO POB ORB 4030 P 1913

Acreage: 0.78

Design: Other

Lot Size (SqFt): 33977

Apx SqFt(Htd/Cooled): 8104

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 1

# of Stories in Building: 1

# of Units in Bldg: 3

Lot Dimensions: 198x171

New Construction: No

Garage Y/N: No

Covered Spaces: 2

Driveway Spaces: 8

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 5

Full Baths: 4

Total Baths: 5

Year Built: 1975

Homestead: Yes

HOA Fee: No

New Buyer Fee: No

Last Taxes: 3240

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: Unique opportunity to own a versatile property in the heart of Springfield offering residential living, income potential, and future possibilities. Currently utilized as a single-family residence and classified as such by the Bay County Property Appraiser, this expansive property features approximately 8,000 square feet under roof, including multiple living areas, flexible-use space, and a large indoor workshop. The property currently includes two separate living quarters, making it ideal for multi-generational living, rental income opportunities, or a variety of personal and business uses. An additional flex space and large indoor workshop provide even more versatility. With its existing layout and previous use, there may be potential for additional living units, creating attractive income-producing opportunities for the next owner (buyer to verify). One of the standout features of this property is the solar panel system, which conveys with the sale and helps keep utility costs remarkably low. The owner reports average electric bills of approximately $40 per month for heating and cooling the entire property, providing exceptional long-term savings for a structure of this size. According to the City of Springfield, the property is designated General Commercial on the City's Future Land Use Map. The City utilizes Future Land Use designations rather than traditional zoning. While the property is currently classified and taxed as a single-family residence based on its present use, the General Commercial Future Land Use designation may allow for a variety of future commercial and multi-family uses, subject to City approval, permitting requirements, inspections, and compliance with applicable building codes. Additional peace of mind comes from the roof replacement completed in 2019, which was upgraded to current code standards and includes High Temp Fire & Ice underlayment. Conveniently located near shopping, restaurants, schools, medical facilities, Tyndall Air Force Base, and major transportation routes, this property offers a rare combination of size, flexibility, energy efficiency, and future potential in a growing area. Whether you're looking for a multi-generational estate, an income-producing property, or a unique live/work opportunity, 3911 E. 11th Street presents possibilities that are difficult to find elsewhere. Schedule your private showing today and discover everything this exceptional property has to offer.

Other: 1

Floor - Vinyl: 1

Other - See Remarks: 1

Fenced Back Yard: 1

Patio Covered: 1

Cash: 1

Conventional: 1

Seller Financing: 1

Unfurnished: 1

Floor - Concrete: 1

City Street: 1

Paved Road: 1

Additional Parking: 1

Carport Detached: 1

Driveway: 1

City: 1

Commercial: 1

Resid Multi-Family: 1

Resid Single Family: 1

Other - See Remarks: 1

Bedroom: 1

Electricity - Connected: 1

Phone - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Septic Tank: 1

Solar: 1

Customized Wheelchair Accessible: 1

As Is: 1

First: 1

Central Air: 1

Electric: 1

Mini-Split/Ductless: 1

Varies by Unit: 1

Window Unit(s): 1

Central: 1

Electric: 1

Mini-Split/Ductless: 1

Closed Circuit Camera(s): 1