206 2nd Court A & B, Panama City, FL 32401
Active
Property Photos
Would you like to sell your home before you purchase this one?
Priced at Only: $309,000
For more Information Call:
Address: 206 2nd Court A & B, Panama City, FL 32401
Property Location and Similar Properties
- MLS#: 784339 ( Residential )
- Street Address: 206 2nd Court A & B
- Viewed: 2
- Price: $309,000
- Price sqft: $233
- Waterfront: No
- Year Built: 1934
- Bldg sqft: 1329
- Bedrooms: 3
- Total Baths: 2
- Full Baths: 2
- Days On Market: 55
- Additional Information
- Geolocation: 30.1493 / -85.6567
- County: BAY
- City: Panama City
- Zipcode: 32401
- Subdivision: Harmon Plat
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
- Provided by: Beachy Beach Real Estate
- DMCA Notice
-
DescriptionRare opportunity in the Cove, Panama City! Two dwelling properties like this are hard to find. This already income producing setup includes three structures total: The primary, front house, an entirely separate guest house (ADU), and a storage building with enough space for both homes. The upgrades, separate utility meters, proven rental history, and privacy fencing for each home makes this find ideal for investors, house hacking, multi generational living, or versatile rental strategies! Just mile from Harrison Avenue and downtown Panama City, you're right near the heart of a revitalized waterfront district filled with local shops, restaurants, breweries, galleries, and year round community events along St. Andrews Bay. The front home is fully renovated (2023) and vacant, offering 2 bedrooms, 1 bathroom, and 859 sq. ft. Recent updates include a new A/C (2025, under warranty), impact skylight, appliances, washer & dryer, plumbing, flooring, blinds, a privately fenced yard, spacious off street parking, and designated storage. Previously rented for $1,900/month. The back home features 1 bedroom, 1 bathroom, and 470 sq. ft., with a new split A/C (2026), covered patio, private fenced yard, and its own driveway with alley access perfect for rental income, guests, office space, relative housing, or a private retreat for yourself. It's a versatile space ready to be tailored to your vision. It is currently income producing, bringing in a steady $900 per month. A third structure provides a dedicated laundry room for the back house plus a second room for additional storage, adding convenience and tenant appeal. Separate electric and water meters for each unit allow for streamlined management and true income potential. This property is essentially a 2 for 1 steal! Located in one of Panama City's most established and sought after neighborhoods, this property blends character, convenience, and long term value just minutes from downtown, the bay, and everything that makes the Cove so special! Come see for yourself.
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
For a Fast & FREE Mortgage Pre-Approval
Apply Now
Apply NowFeatures
Building and Construction
- Covered Spaces: 0.00
- Fencing: Fenced
- Living Area: 0.00
- Other Structures: GuestHouse, Outbuilding
- Roof: Composition, Shingle
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, Gravel
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans, Ductless, MultiUnits, SeparateMeters
- Heating: Central, Ductless, Electric
- Road Frontage Type: CityStreet
- Sewer: PublicSewer
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: 2025
- Trash Expense: 0.00
Other Features
- Appliances: ElectricOven, ElectricRange, ElectricWaterHeater
- Interior Features: Storage
- Legal Description: HARMON PLAT LOT LOT 5 BLK 1 ORB 4707 P 823
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 20253-000-000
- Style: Florida
- The Range: 0.00
- Unit Number: A & B
Similar Properties
Nearby Subdivisions
[no Recorded Subdiv]
Bayou Plat
Bayview Add
Bayview Heights
Bry-co Park
Bunkers Cove
Caroline Add Unit 2
Carver Heights
Cogburn's 1st Add
Cove
Cove Pointe
Cove Terrace
Cove Terrace 3rd Add
Del-mar Plat
Dell Whatley
Dixie Heights
East Bay Preserve
Ellis, E.d.
Glenwood Addition
Grove Heights
Grove Hill
Gulf Coast Dev Second Addition
Gulfview Addition
Harmon Plat
Holmes Add- Millville
Hursts Replat
Keiths Bay Harbor Add
Lakeside
Lincoln Park 1st Addition
M. N. Kneece Replat
Massalina Bayou Townhouses
N Highland
No Named Subdivision
Oakland Terr Sub 18th
Old Mill Addition
Old Orchard
Old Town Plat
Pine Orchards Hgts 1st Add
Robindale
Rosenwald Heights
Shermans 2nd Add
Springfield
St Andrew Estates
Sudduths 10th Add
Sudduths 1st Add
Sudduths 4th Add
Welch Add
- Natalie Gorse, REALTOR ®
- Tropic Shores Realty
- Office: 352.684.7371
- Mobile: 352.584.7611
- Mobile: 352.799.3239
- nataliegorse352@gmail.com
