617 N 9th Plaza, Panama City, FL 32404 (MLS# 785417)

List Price/SqFt: 150.08

Status: Active

List Date: 2026-02-17

List Price: $182,500

Current Price: $182,500

Sub Area: 0202 - Bay - Central SE

Community/Resort: DIB District

Waterfront: No

Elementary School: Parker

Middle School: Rutherford Middle

High School: Rutherford

Directions: From S Tyndall Pkwy (US-98 E). Turn right onto Boat Race Rd. Continue on E Business Highway 98. Turn right onto S Highway 22 A (SR-22A). Turn left onto Lake Dr. Turn right onto N 9th Plz.

Area: 02 - Bay County - Central

Street #: 617

Street Direction: N

Street Name: 9th

Street Suffix: Plaza

State: FL

Zip Code: 32404

County: Bay

Subdivision: Lake Drive Heights

Parcel ID: 25296-000-000

Legal Description: LAKE DRIVE HEIGHTS LOT 2 BLK B ORB 4669 P 375

Acreage: 0.24

Design: Other

Lot Size (SqFt): 10324

Apx SqFt(Htd/Cooled): 1216

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 75x138

New Construction: No

Garage Y/N: No

Driveway Spaces: 2

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 1

Total Baths: 1

Year Built: 1957

HOA Fee: No

New Buyer Fee: No

Last Taxes: 1278

Last Tax Year: 2025

Brokerage Interest: No Interest

Township: Panama City

Remarks: Seller offering up to $12,000 toward roof replacement with reasonable offer! Quote available for review! Exceptional investment opportunity in the heart of Parker! Whether you're expanding your rental portfolio or securing a property with immediate income potential, this well-maintained home deserves a closer look. Major system updates provide added confidence, including a new water heater installed in February 2025 and an HVAC system replaced in 2018. Double-pane windows enhance efficiency, and the formal dining room adds functional living space that appeals to long-term tenants. The property is tenant-occupied with a lease in place through 12/15/2026, offering established rental income from day one. Location is a standout feature, approximately 5 miles (about 9 minutes) to Tyndall Air Force Base and just minutes to everyday conveniences, shopping, and dining. Enjoy close proximity to beloved local amenities including: • Parker Sports Complex, • Parker Environmental Exploratorium Park, • Under the Oaks Park, • Nearby boat ramps and fishing piers, This location supports both lifestyle appeal and rental stability, a combination investors consistently seek. Buyer to verify all measurements and information deemed important.

First: 1

Dishwasher: 1

Oven - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Block: 1

Foundation - Slab on Grade: 1

Fenced Back Yard: 1

Fenced Lot-Part: 1

Patio Open: 1

Cash: 1

Conventional: 1

Unfurnished: 1

First: 1

First: 1

City Street: 1

Paved Road: 1

Driveway: 1

Resid Single Family: 1

Bedroom: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

Master Bedroom: 1

Cable - Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Central: 1