Panama City - Beach Property For Sale #7081779

Investor Special - Rare Multi-Dwelling Opportunity in Prime Panama City Location! Priced to sell and packed with potential, this unique property features 3 separate dwellings in front on approximately .30 acres, with 1 in rear bult in 1925 on a partial easement, this gives option to demo or hold onto for now. Offering endless possibilities for savvy investors or multi-generational living. With a combined 8 bedrooms and 4 total bathrooms, this is a rare chance to create strong rental income or a private family compound where everyone enjoys their own space. 2 of the dwellings are currently rented but DO need work to make optimal. Second home on left of pics is incomplete, making a blank slate for your desired renovation. Located just one block from MLK Jr. Blvd, a major thoroughfare, and a block from a brand-new park, the property also sits minutes from Ascension Bay Hospital, one of the area's most renowned medical facilities--making it highly desirable for tenants. A perfect location for traveling nurses, anesthesiologists and other medical professionals to rest between shifts at the hospitals! Centrally located to shopping, dining, and everyday conveniences, and just 15 minutes from Panama City Beach, this location checks every box. While the homes do need work, they offer an excellent opportunity for renovation, conversion, or a full flip with significant upside. Whether you're looking to maximize cash flow, redevelop, or customize to your vision, this property delivers flexibility and long-term value. Highlights: 3 dwellings on approx. .30 acres 8 bedrooms / 4 bathrooms total Ideal for rental income, flipping, or family compound Near Ascension Bay Hospital One block from new park & MLK Jr. Blvd Central Panama City location 15 minutes to Panama City Beach Opportunities like this don't come around often--bring your vision and unlock the potential of this income-producing property!