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520 Maine Avenue, Panama City, FL 32401

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For Sale

$499,500

0.32 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.3 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Looking to expand your real estate portfolio or jumpstart your journey as a landlord? This 5-unit multi-family property in Panama City offers steady cash flow and long-term value. partially rented / ready to lease (customize based on status) Low maintenance units - easy management Strong rental demand in the area Proximity to beaches, schools, and major employers Zoned for residential income-producing propertyBuilding 1TypeSFR AVERGTotal Area2,129Heated Area1,251Exterior WallsAL SIDINGRoof CoverENG SHINGLInterior WallsDRYWALLFrame TypeN/AFloor CoverCLAY TILE; CARPETHeatAIR DUCTEDAir ConditioningCENTRALBathrooms1Bedrooms3Stories1Actual Year Built1946Building 2TypeDUPLEXTotal Area1,643Heated Area1,346Exterior WallsMINIMUMRoof CoverENG SHINGLInterior WallsDRYWALLFrame TypeN/AFloor CoverPINE WOODHeatRAD ELECAir ConditioningWINDOWBathrooms2Bedrooms4Stories2Actual Year Built1956Building 3TypeDUPLEXTotal Area2,315Heated Area2,171Exterior WallsASB SHNGLERoof CoverENG SHINGLInterior WallsDRYWALLFrame TypeN/AFloor CoverASPH TILEHeatAIR DUCTEDAir ConditioningCENTRALBathrooms2Bedrooms3Stories1Actual Year Built1952
MLS# 775716

Courtesy Of Keller Williams Success Realty

(850) 249-0313

Property Features

  • Age
    Over 50 Years Old
  • Lot Size
    0.32 Acres

Map and Directions

Directions to 520 Maine Avenue, Panama City, FL 32401

Home seller CENTURY 21 BE3

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 BE3

(800) 541-9923
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.