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232 Springfield Avenue, Panama City, FL 32401

$194,380
: 3
BD
: 2
BA

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Sold Price: $194,380
List Price: $209,000
Closing Date: May 15, 2026
MLS#: 788833
Status: CLOSED
Type: Multifamily
Subtype: Duplex
Bedrooms: 3
Bathrooms: 2
Neighborhood: Bay - Central SE

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Property Description

🔥 PRICE REPOSITIONED - EXCEPTIONAL OPPORTUNITY 🔥 Recently repositioned to a highly competitive price, this brand-new 3BR/2BA home offers exceptional value for both investors and first-time homebuyers. Price reflects one unit (half duplex). Whether for a primary residence or rental investment, this property delivers new construction quality at a price point rarely seen in today's market. Built with 2x6 exterior walls, 9-ft ceilings, and double-insulated 8-inch dividing walls for superior durability, efficiency, and sound control. Features include waterproof 12-mil LVP flooring, plywood cabinetry, quartz countertops, and modern fixtures. Fully sodded lot with concrete driveway (2 vehicles). Located near Tyndall AFB, schools, shopping, and beaches--ideal for both living and rental demand. Opportunities at this price point in new construction are extremely limited. Builder willing to consider incentives for multiple unit purchases. Easy to show.

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Additional Information

Elementary School: Cherry Street
High School: Rutherford
Lot Dimensions: 137.96''x28.96''
Middle School: Rutherford Middle
Neighborhood: Bay - Central SE
Subdivision: Springfield
Year Built: 2026