Looking for your next investment opportunity or a home with flexible living arrangements? This 3-bedroom, 2-bath property offers a unique floor plan and mixed-use zoning with possibilities worth exploring! Situated toward the rear of the lot, the existing home leaves much of the front portion open for potential future development. An extensive concrete parking area adds to the property's versatility. The home features two living areas, each with its own exterior entrance. The larger side includes 2 bedrooms, 1 bath, a living room, dining area, and full kitchen. The spacious primary suite features an oversized bathroom with a jetted tub, separate shower, and large walk-in closet. The smaller side offers a studio-style living area with its own entrance, full bathroom, and kitchenette. An interior connecting door provides flexibility for use as one residence or potentially two separate rental units. A laundry/utility area is located at the rear of the home. Additional features include covered front and rear patios, a fenced yard, and concrete parking. The roof was replaced in 2019. The property has a single electric meter, so utility arrangements would need to be considered for separate rentals. Mixed-use zoning may also offer opportunities for additional development, subject to applicable zoning, setbacks, parking, and permitting requirements. The home needs cosmetic improvements and is being sold AS IS. This could be your primary residence, rental investment, or property with future possibilities, this one is worth exploring! Buyer to verify permitted uses and development potential with the appropriate authorities. Roof 2019 | HWH 2024 | AC 2015 | Survey Available
Multi-familyProperty Type
1996Year Built
8,712 sq ftLot Size
$124Price/Sq.Ft.
Listed by Wanda Miller• Adventure Realty Group LLC
Here's Your Next Flip! Large 2 bedroom 2 bath Brick Home on 2000 sq ft in great shape, just needs a bit of TLC. In livable condition, it only needs a new roof, flooring replaced and some paint, minimal mold in one bathroom. Some parts can be updated if you want to get creative, AC is only 3 years old. But over all it's in great shape!
Year
Property tax
Land + Additions
Assessment*
2025
$2,731 (+8.7%)
2024
$2,513 (+7.5%)
2023
$2,336 (+17.2%)
2022
$1,993 (+34.6%)
2021
$1,481 (+12.5%)
$13,160 + $72,680
$85,840
2020
$1,316 (+27.7%)
$13,160 + $68,223
$81,383
2019
$1,031 (−9.7%)
$13,160 + $86,395
$99,555
2018
$1,142 (+1.5%)
2017
$1,125 (+1.1%)
2016
$1,113 (+1.6%)
2015
$1,096 (+2.9%)
2014
$1,065
Public record
Beds
3
Baths
2
Stories
1
Lot width
70 ft.
Lot depth
125 ft.
Lot size
8,712 Sq. Ft.
Year renovated
2006
Finished Sq. Ft.
1,777
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,777
Year built
1996
Style
Mobile/Manufactured Home
County
Bay County
APN
11954915000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 21 days in 30 years
9/10 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)
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89
68
81
61
75
55
67
46
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 3638 Lane Rd
$219,730
$270 under list price of $220K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $190K to $321K.