448 S Macarthur Avenue, Panama City, FL 32401

$354,900
4
BD
2
BA

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Sold Price
$354,900
List Price
$349,900
Closing Date
Apr 06, 2026
MLS#
786155
Status
CLOSED
Type
Multifamily
Subtype
Multi Family
Bedrooms
4
Bathrooms
2
Lot Size
10,498
Neighborhood
Bay - Central SW

Property Description

Located in the highly desirable Panama City Cove, this versatile 4-bedroom, 2-bath home offers incredible flexibility for homeowners and investors alike. Currently configured as two separate living spaces; a 3-bedroom, 1-bath main unit and a private 1-bedroom, 1-bath unit. This property is perfect for multi-generational living, rental income, or a live-in-one, rent-the-other opportunity. The main 3/1 unit features spacious living areas, comfortable bedrooms, and abundant natural light, creating a warm and inviting atmosphere. The 1/1 unit offers its own private space, ideal for guests, long-term tenants, or short-term rental potential. Situated in the heart of The Cove, you'll enjoy close proximity to downtown dining, shopping, waterfront parks, and marinas while still tucked into one of the area's most charming and established neighborhoods. Whether you're looking to expand your investment portfolio or secure a flexible primary residence with income potential, this property is a rare opportunity in one of Panama City's most sought-after communities.

Additional Information

Acres
0.24
Appliances
Electric Cooktop, Electric Oven, Electric Range
Elementary School
Cherry Street
High School
Bay
Lot Dimensions
78x139
Middle School
Jinks
Neighborhood
Bay - Central SW
Project Facilities
Short Term Rental Allowed
Subdivision
Sudduths 10Th Add
Year Built
1949
Zoning
Resid Multi-Family

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 Commander Realty. Selling Office: Keller Williams Success Realty.