931 Taylor Drive, Panama City, FL 32404 (MLS# 785024)

List Price/SqFt: 106.49

Status: Active

List Date: 2026-02-10

List Price: $109,900

Current Price: $109,900

Sub Area: 0202 - Bay - Central SE

Community/Resort: None

Waterfront: No

Elementary School: Parker

Middle School: Rutherford Middle

High School: Rutherford

Directions: From Transmitter Rd and Hwy 231, travel South on Transmitter Rd. Turn left onto 11th Street. Turn Right onto Bob Little Rd. Turn Left onto E 10th St. Then Right onto Taylor Dr. Property is on the right. 931 Taylor Dr.

Area: 02 - Bay County - Central

Street #: 931

Street Name: Taylor

Street Suffix: Drive

State: FL

Zip Code: 32404

County: Bay

Subdivision: C A Taylor's 2nd Addition Calaway

Parcel ID: 15135-000-000

Legal Description: C A TAYLOR'S 1ST ADD CALLAWAY LOT 8 BLK A ORB 4169 P 582

Acreage: 0.18

Design: Florida Cottage

Lot Size (SqFt): 7800

Apx SqFt(Htd/Cooled): 1032

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 60x130

New Construction: No

Garage Y/N: No

Driveway Spaces: 8

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 2

Full Baths: 1

Total Baths: 1

Year Built: 1978

HOA Fee: No

New Buyer Fee: No

Lot: 8

Block: A

Brokerage Interest: No Interest

As Is: Yes

Section: 1

Township: 4S

Range: 14W

Remarks: STRONG POTENTIAL IN THIS INVESTOR HOME! Take a look at this 2BR/1BA home offering 1,032 sq ft that presents a standout opportunity for the savvy construction-based investor. This home is perfect for investors seeking a fix-and-hold rental, renovation project, or potential resale investment. Situated on a generously sized lot in an area experiencing continued growth and new residential development, this property offers multiple exit strategies for the right buyer. Originally converted from a manufactured home, the property features a wood-burning fireplace, detached storage building/workshop, and fully paid-off solar panels -- providing immediate utility savings and added long-term value. With renovation and repositioning, investors have the opportunity to capitalize on increasing area demand and improving neighborhood values. With the solar panel advantage, the current rental projection, ''as is'' should be between $800-$1000 per month, giving you a solid, immediate ROI. The lot value is close to $30K and the new construction homes on the same street as the subject are selling between $225-$260K. Properties with existing infrastructure, large lots, and redevelopment potential at this price point are becoming increasingly difficult to find. Ideal for investors, contractors, or buyers looking to add value through strategic improvements. Price recently reduced. Seller says sell!

First: 1

First: 1

Window - Treatment Some: 1

Foundation - Off Grade: 1

Roof - Metal: 1

Roof - Solar Panel: 1

Siding - Other: 1

Siding - Stone: 1

Fenced Chain Link: 1

Outbuilding: 1

Cash: 1

Unfurnished: 1

First: 1

First: 1

Paved Road: 1

Bedroom: 1

Dining Room: 1

Kitchen: 1

Laundry: 1

Living Room: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Fireplace - Wood Burning: 1