For sale

$400,000

Est. $2,697/mo —

•

3,000

sq ft

1339 E Park Rd Unit R1-4, Panama City, FL 32404

About this home

SELLER PROVIDED APPRAISAL & SURVEY IN DOCUMENTS! GREAT INVESTMENT OPPORTUNITY! This is 1 of 3 Apartment Buildings For Sale. There is Q1-4, R1-4 & S1-4. Other Parcel Numbers: 07238-006-000, 07238-003-000 Each building has 4 apartments 2/1 Bath about 750 sq. ft. each with total area of 3000 sq. ft. total. All 3 buildings have 12 total units, 9,000 sq ft total. $1,200,000 for all three buildings. Rental Income available and expenses. Vacancy is typically 90% and rent fast when turned over. Buyer and Buyers agent to verify all dimensions and anything deemed important.

Multi-familyProperty Type

1985Year Built

5,227 sq ftLot Size

$133Price/Sq.Ft.

Listed by Paul LaCourse • Anchor Realty Florida

Listing updated: Aug 20, 2026 at 08:33pm

Redfin checked: 2 minutes ago

•Source:CPARMLS #794086

Payment calculator

$2,697 per month

Principal and interest$2,265

Property taxes

$139

HOA dues

Home insurance

$293

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Tyndall Elementary School

Public PreK-8 • Assigned • 3.4mi

8/10

Rutherford High School

Public 6-12 • Assigned • 3.8mi

2/10

Provided by GreatSchools

About East Bay

Park

East Bay Park, located between East Bay and Tyndall Parkway, is a waterfront and residential Callaway neighborhood with a boat-ramp shoreline and pine-flatwoods edges. The neighborhood’s character concentrates at the East Bay Park boat ramp and picnic loop, where trailers roll in, kayaks slide off the sand, and grills scent the air. Low-slung Florida homes and small-lot streets sit close to the water, with breezes and wide skies shaping the daily rhythm. Shoreline views and open lawns keep the setting outdoors-forward without feeling remote. For local staples, the nearby Tyndall Parkway corridor ties in places like Gene’s Oyster Bar, History Class Brewing Company, and the Martin Theatre.

Provided by Walk Score and Local Logic

Offer insights

1339 E Park Rd Unit R1-4 · $400,000

Strong offer

$399K and above

75% chance or better to win

Why $399K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 157 days.

SALE-TO-LIST

Most homes are selling 7% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
Total of 5 rooms

Bedrooms
Two first-floor bedrooms (each about 10 x 12)

Bathrooms
One full bathroom (first floor, about 8 x 5)

Kitchen
Electric range

Laundry & utility
Electric water heater

Heating & cooling
Central heating (electric)
Central air
Ceiling fans
Window units

Sale and tax history for 1339 E Park Rd Unit R1-4

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$1,670 (+5.7%)

2024

$1,580 (+3.6%)

2023

$1,526 (+24.2%)

2022

$1,228 (+12.2%)

2021

$1,095 (+29.6%)

$10,222 + $72,324

$82,546

2020

$845 (−7.7%)

$10,222 + $52,909

$63,131

2019

$915 (−17.9%)

$9,396 + $59,081

$68,477

2018

$1,114 (−8.7%)

$9,396 + $77,784

$87,180

2017

$1,221 (−2.5%)

$9,352 + $82,721

$92,073

2016

$1,253 (−28.5%)

$9,352 + $82,721

$92,073

2015

$1,753 (−2.3%)

$9,570 + $115,307

$124,877

2014

$1,794

Public record

Beds

Baths

Stories

Lot width

55 ft.

Lot depth

105 ft.

Lot size

5,314 Sq. Ft.

Year renovated

1985

Finished Sq. Ft.

3,000

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,000

Year built

1985

Style

Multi-Family (2-4 Unit)

County

Bay County

APN

07238006000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

Climate risks

3/10 Flood Factor

Estimated 10-14% chance of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 104° expected this year, 21 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Panama City, FL • 32404

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

86/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Panama City. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.3 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1339 E Park Rd Unit R1-4

There isn’t enough information to generate an accurate estimate at this time. Learn More

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