Multi Family homes for sale & real estate in 32401, FL

Multi Family Home for sale in 32401, FL:

* * 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 fu

Multi Family Home for sale in 32401, FL:

Duplex, Investment Opportunity. Both units are 3 Bedroom 2 Bathroom. Close to Rutherford High School. One, side rented producing $1700 per month. Recent Roof. Front unit is in the process of upgrades. More Photos to come. All information deemed reliable please verify for accuracy.

Multi Family Home for sale in 32401, FL:

Built in 2024, this Panama City duplex offers two units, each featuring 3 bedrooms, 2 bathrooms, and over 1,050 square feet of living space, totaling over 2100sqft. Both units are currently leased at $1,650 per month each, providing combined scheduled gross rental income of $3,300 per month before expenses. The lease for 314 Bayou Avenue runs October 1, 2025, through September 30, 2026, and the lease for 316 Bayou Avenue runs September 1, 2025, through August 31, 2026. An opportunity to purchase a newer duplex with existing leases in place. Buyer to verify square footage, lease terms, and operating expenses.

Multi Family Home for sale in 32401, FL:

INVESTORS WANTED -- BRAND-NEW INCOME-PRODUCING DUPLEX WITH FREE LOT! Looking for an affordable way to add new construction to your rental portfolio? This brand-new duplex offers an excellent opportunity to generate cash flow with minimal maintenance. Convenient Panama City Location Located just one block off MLK Blvd near 15th Street, the property is close to shopping, employment, transportation, and everyday conveniences. The new MLK Recreation Center is just a stone's throw away, and a nearby bus stop is within easy walking distance. PROPERTY FEATURES • Brand-new construction • Two separate 1-bedroom / 1-bath units • Estimated rent of approximately $1,300 per month per unit