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803 Oak Avenue, Panama City, FL 32401

Panama City
Local realty services provided by:CENTURY 21 First Story Real Estate
803 Oak Avenue,Panama City, FL 32401
$496,000
  • 6 Beds
  • 4 Baths
  • 2,914 sq. ft.
  • Multi-family
  • Active
Listed by: beth christie, ramil zartdinov
Office: local insight realty
MLS#:787848
Source:FL_BCMLS

Price summary

  • Price:$496,000
  • Price per sq. ft.:$170.21

About this home

Investment Opportunity on 100x160 corner lot in Downtown Panama City! This versatile property is divided into three separate units and offers excellent income potential. It is centrally located near downtown Panama City dining, and shopping. Situated on a large lot with a huge side yard, there's ample space potentially for expansion, additional amenities, or future development. The property features: • Unit 1: 2 bedrooms, 1 bath • Unit 2: 1 bedroom, 1 bath • Unit 3: 3 bedrooms, 2 baths Seller says current rental income - Unit 1 renting for $1,500/month, Unit 3 for $2,000/month, and Unit 2 previously renting between $500-$700/month--bringing total potential income to over $4,000 per month. Live in one unit and rent the others or maximize returns by leasing all three--flexibility makes this property ideal for both investors and owner-occupants. Extensively updated in 2022, including new kitchens, bathrooms, flooring, roof, and more, this property is move-in ready and...

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Home facts

  • Year built:1964
  • Subdivision & Development:Gulf Coast Dev Co Plat
  • Listing ID #:787848
  • Added:207 day(s) ago
  • Updated:October 27, 2026 at 04:16 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:10
  • Flooring:Plank, Vinyl
  • Kitchen Description:Electric Range, Tankless Water Heater
  • Living area:2,914 sq. ft.

Heating and cooling

  • Cooling:CentralAir, Ductless
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1964
  • Building area:2,914 sq. ft.
  • Lot area:0.37 Acres
  • Architectural Style:Triplex
  • Construction Materials:Brick
  • Exterior Features:Patio
  • Levels:1 Story

Schools

  • High school:Bay
  • Middle school:Jinks
  • Elementary school:Cherry Street

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$496,000
  • Price per sq. ft.:$170.21

Features and amenities

  • Amenities:ElectricRange, TanklessWaterHeater
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. CENTURY 21 First Story Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 First Story Real Estate, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved. FL_BCMLS Member Broker: Debbie Kirkand

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