The price just changed. The neighborhood didn't. Brick 4BR/2BA |

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Home For Sale

218 S Charlene Dr

Panama City, Florida 32404

Bay County

Community: Lannie Rowe Lake Estates U-8

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$169,000 4 br, 2.0 bath 1576 sq. ft. 0.190 acres

The price just changed. The neighborhood didn't. Brick 4BR/2BA | $174,900 | Established Neighborhood Near Tyndall AFB. Solid brick construction, a proven floor plan, and a location that delivers -- this 4-bedroom, 2-bath home is now priced to reflect condition and reward the right buyer. Whether you're an investor running numbers or a handy buyer ready to build serious equity, the opportunity here is real. The bones are strong. Brick exterior, roof replaced January 2019, separate family room with fireplace, open kitchen and dining area with breakfast bar, and abundant natural light throughout. Out back you'll find a fully fenced yard and a 20x12 workshop and storage shed -- a feature that's hard to find at any price point. This home needs interior updating and is priced accordingly. ARV in this neighborhood runs $235,000-$250,000 once updated -- the spread between where it's priced and where it can go is the opportunity. Appliances convey. Cash or renovation financing preferred. Sold as-is. Minutes from Tyndall Air Force Base, schools, shopping, parks, and Gulf Coast boat launches. Bring your contractor or bring your toolbelt. Schedule your showing with your favorite Realtor(R) today!

Interior:
  • Bedrooms: 4
  • Baths: 2.0
  • Sq Ft: 1576
  • Year Built: 1973
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 
  • Heat/AC: Fireplace(s), Electric (Heating), Heat Pump (Heating)
  • Garage: Garage
Exterior:
  • Lot Size: 0.190 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick
  • Roof: Composition, Shingle
  • Property Taxes: $1,911
  • MLS #: 784511
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Contact Information:
Beach Home For Sale in Panama City, Florida
Listing Agent: Ronald Wilson, Neubauer Real Estate, Inc. ERA, 850-814-5743, 850-785-1551 Listing Site, Listing Status: Active
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7433065
Viewed 35 times.
Updated: Apr 07, 2026

This property is a Home located at 218 S Charlene Dr, Panama City, Florida 32404, and is currently For Sale at $169,000. This Home has 4 bedrooms, 2.0 baths, 1576 sq ft.