339 Mercedes AVE, Panama City, FL 32401
339 Mercedes AVE, Panama City, FL 32401
339 Mercedes AVE, Panama City, FL 32401
339 Mercedes AVE, Panama City, FL 32401
339 Mercedes AVE, Panama City, FL 32401
339 Mercedes AVE, Panama City, FL 32401
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$ 499,000
Est. payment | /mo

4 Beds

3 Baths

2,461 SqFt


Save
$ 499,000
Est. payment | /mo
Save

4 Beds

3 Baths

2,461 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,461 sqft

Price per Sqft $202

Subdivision Sudduths 4Th Add

MLS Listing ID 796225

Style Duplex

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1984

Annual Tax Amount $5,766

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Property Description

**Income-Producing Duplex in Downtown Panama City with Massalina Bayou Views!**

Welcome to 339 Mercedes Avenue in Panama City, Florida, a fully furnished, turnkey duplex offering an incredible opportunity for investors, house hackers, or buyers looking for flexible living options near Downtown Panama City.

This income-producing multifamily property is full of possibilities, live in one side and rent the other to help offset your monthly expenses, create space for multigenerational living, or rent both units for additional income potential. One side is currently being utilized as a short-term rental, making this property an attractive option for buyers looking for an established furnished rental setup.

Both sides have been thoughtfully updated throughout and are being sold, fully furnished and turnkey, allowing the next owner to step right in. Each unit also offers its own spacious backyard, providing plenty of outdoor space for residents and guests.

One of the standout features is the view of Massalina Bayou, giving this investment property a unique coastal Panama City setting while keeping you close to everything.

Located near Downtown Panama City, shopping, dining, Ascension Sacred Heart Bay, and Tyndall Air Force Base, with Panama City Beach and the beautiful Gulf Coast beaches just a short drive away.

Whether you're searching for a duplex for sale in Panama City, FL, an income-producing property, a furnished investment property, or a home where you can live in one unit and rent the other, 339 Mercedes Avenue offers flexibility, location, and investment potential all in one property.

Live in one. Rent the other. Rent them both. The possibilities are yours at 339 Mercedes Avenue.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Interior Features Tub Shower

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Plank, Vinyl

Fireplace No

Appliance Electric Oven, Electric Range, Electric Water Heater

Exterior

Exterior Feature Patio

Parking Features No Garage

Fence Full, Fenced

Community Features Short Term Rental Allowed

View Bayou

Roof Type Composition,Shingle

Porch Balcony, Patio

Private Pool No

Building

Lot Description Paved

Dwelling Type Duplex

Foundation Slab

Sewer Public Sewer

Architectural Style Duplex

New Construction No

Schools

Elementary Schools Cherry Street

Middle Schools Jinks

High Schools Bay

Others

Restrictions Short Term Rentals Allowed

Tax ID 21232-010-000

Security Features Smoke Detector(s)

Special Listing Condition Listed As-Is

Listed by Counts Real Estate Group Inc

Nearby Locations

Chris Allen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(480) 544-8191

chris@gulfcoastcashoffers.com

Panama City Beach, FL 32413, USA

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339 Mercedes AVE