4002 W 17th Street, Panama City, FL 32401 (MLS# 792774)

List Price/SqFt: 114.41

Status: Active

List Date: 2026-07-14

List Price: $189,000

Current Price: $189,000

Sub Area: 0204 - Bay - Central NW

Community/Resort: Bayview Heights

Waterfront: No

Elementary School: Lucille Moore

Middle School: Jinks

High School: Bay

Directions: From US-98E, turn right onto Michigan Ave, then right onto W 17th St. Home will be on the right.

Area: 02 - Bay County - Central

Street #: 4002

Street Direction: W

Street Name: 17th

Street Suffix: Street

State: FL

Zip Code: 32401

County: Bay

Subdivision: Bayview Add

Parcel ID: 28379-000-000

Legal Description: BAYVIEW ADD LOTS 14,15 & W1/2 LOT 13 & E 6' LOT 16 BLK 23 ORB 4777 P 1206

Acreage: 0.2

Design: Florida Cottage

Lot Size (SqFt): 8712

Apx SqFt(Htd/Cooled): 1652

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 66.0 ft x 132.0 ft

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 1952

Homestead: No

HOA Fee: No

New Buyer Fee: No

Last Taxes: 2335.85

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: Investor opportunity in the St. Andrews area of Panama City. This 3-bedroom, 2-bath, one-story brick home is currently gutted and in the renovation process, but is being offered as-is and priced to sell. Located just two blocks from the bay, the property offers strong potential for a flip, rental, or long-term hold in a rapidly growing area near St. Andrews, downtown Panama City, dining, shopping, marinas, and the waterfront. With the right vision, this home has the potential to become a coastal-chic brick cottage with modern finishes, an open feel, and strong resale or rental appeal. Renovation has already begun, giving the next owner the opportunity to complete the project with their own design selections, layout preferences, and finish package. For investors or buyers planning to improve the property, certain renovation expenses may offer potential tax advantages depending on how the property is used, whether as a rental, investment property, or resale project. Buyers should consult their CPA or tax professional regarding possible deductions, depreciation, capital improvements, and other tax considerations. Great opportunity for an investor, builder, or buyer looking for a project with upside in a high-demand coastal market.

First: 1

Brick: 1

Shed(s): 1

Cash: 1

Conventional: 1

Unfurnished: 1

Within 1/2 Mile to Water: 1

Resid Single Family: 1

Bedroom: 1

Family Room: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1