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422 N Macarthur Avenue, Panama City, FL 32401

$55,000
: 3
BD
: 3
BA

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Sold Price: $55,000
List Price: $150,000
Closing Date: Aug 21, 2026
MLS#: 788019
Status: CLOSED
Type: Multifamily
Subtype: Triplex
Bedrooms: 3
Bathrooms: 3
Lot Size: 8,668
Neighborhood: Bay - Central SW

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Property Description

CURRENTLY UINDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Currently being taken down to the studs, it's a true blank canvas ready for your vision and personal touch. Once was a 3 bedroom 3 bath triplex. Welcome to 422 N MacArthur Avenue in the heart of Panama City! This property presents a unique opportunity to create your dream home or next mixed use investment project from the ground up. Ideally located just minutes from downtown, shopping, dining, and the beautiful Gulf Coast beaches, this home sits in a convenient and growing area. With the heavy lifting already started, investors, builders, and savvy buyers will appreciate the chance to fully customize every detail. Situated on a generously sized lot, there's plenty of space to design outdoor living areas, landscaping, or future additions. Whether you're looking to renovate and resell, build long-term rental income, or design your perfect primary residence, the potential here is endless. Don't miss this rare opportunity to bring your vision to life in Panama City! Whether you're looking for a primary residence, rental opportunity, or a coastal retreat, this property offers incredible potential in a growing area. Don't miss your chance to own a piece of Panama City living!

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Additional Information

Acres: 0.20
Elementary School: Cherry Street
High School: Bay
Lot Dimensions: 139 x 60 X 139 X 60
Middle School: Jinks
Neighborhood: Bay - Central SW
Project Facilities: Short Term Rental Allowed
Subdivision: Sudduths 4th Add
Utilities: Sewer Available
Year Built: 1940