124 2nd Place, Panama City, FL 32401
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Priced at Only: $535,500
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Address: 124 2nd Place, Panama City, FL 32401
Property Location and Similar Properties
- MLS#: 768582 ( Residential )
- Street Address: 124 2nd Place
- Viewed: 42
- Price: $535,500
- Price sqft: $0
- Waterfront: No
- Year Built: 1941
- Bldg sqft: 0
- Bedrooms: 4
- Total Baths: 2
- Full Baths: 2
- Days On Market: 57
- Additional Information
- Geolocation: 30.1484 / -85.6577
- County: BAY
- City: Panama City
- Zipcode: 32401
- Subdivision: Harmon Plat
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
- Provided by: Realty One Group Emerald Coast
- DMCA Notice
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DescriptionCharming & Renovated Duplex in Historic Cove Investment Opportunity!Welcome to 124 126 E 2nd Place, Panama City, a beautifully updated duplex in the heart of the historic Cove neighborhood. Just moments from St. Andrews Bay and downtown Panama City, this property offers a blend of historic charm and modern convenience, making it perfect for investors or those seeking a home with rental income potential.Each unit features an identical floor plan, offering a functional and spacious layout. From the upstairs unit's porch, you can enjoy views of the water, creating a peaceful retreat right at home. The recently completed Beach Drive, just a short walk away, provides the perfect setting for biking, jogging, or leisurely strolls along the bay. With downtown Panama City only minutes away, you can easily explore local shops, restaurants, and entertainment all within a 10 minute walk, or biking distance.In 2023, major updates were completed, including new drywall, insulation, electrical, and plumbing. Updates have enhanced both the interior and exterior, with fresh paint, upgraded flooring, updated kitchens and bathrooms, and carefully restored details that highlight the home's character. The property also features thoughtfully designed outdoor spaces, added parking, and stylish finishes throughout. Currently furnished as a vacation rental, this duplex is move in ready and offers a turnkey investment opportunity.Whether you're looking to generate passive income, or own a piece of Panama City history, this versatile property is a rare find in a prime location. Reach out today to learn more!
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony, Patio
- Living Area: 2092.00
- Other Structures: Outbuilding
- Roof: Metal
School Information
- High School: Bay
- Middle School: Jinks
- School Elementary: Cherry Street
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: AlleyAccess, Driveway, OnStreet
Utilities
- Carport Spaces: 0.00
- Cooling: CeilingFans, Ductless, WindowUnits
- Heating: Electric
- Road Frontage Type: CityStreet
- Utilities: CableAvailable
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
Other Features
- Appliances: Dryer, Dishwasher, ElectricCooktop, ElectricOven, Refrigerator, TanklessWaterHeater, Washer
- Furnished: Negotiable
- Legal Description: HARMON PLAT LOT 3 BLK 3 MAP 105C3 ORB 4629 P 2030
- Area Major: 02 - Bay County - Central
- Occupant Type: Vacant
- Parcel Number: 20274-000-000
- Style: Duplex
- The Range: 0.00
- View: Bay
- Views: 42
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- Natalie Gorse, REALTOR ®
- Tropic Shores Realty
- Office: 352.684.7371
- Mobile: 352.584.7611
- Fax: 352.584.7611
- nataliegorse352@gmail.com