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Coastal Vibes Luxury Realty
339 Mercedes Avenue, Panama City, FL 32401
- $499,000
- 4
- BD
- 3
- BA
- List Price
- $499,000
- MLS#
- 796225
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Lot Size
- 7,405
- Neighborhood
- Bay - Central SW
Property Description
**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 furnished rental setup. Both sides have been thoughtfully updated throughout and are being sold, fully furnished and turnkey, allowing the next owner to step right in. Each unit also offers its own spacious backyard, providing plenty of outdoor space for residents and guests. One of the standout features is the view of Massalina Bayou, giving this investment property a unique coastal Panama City setting while keeping you close to everything. Located near Downtown Panama City, shopping, dining, Ascension Sacred Heart Bay, and Tyndall Air Force Base, with Panama City Beach and the beautiful Gulf Coast beaches just a short drive away. Whether you're searching for a duplex for sale in Panama City, FL, an income-producing property, a furnished investment property, or a home where you can live in one unit and rent the other, 339 Mercedes Avenue offers flexibility, location, and investment potential all in one property. Live in one. Rent the other. Rent them both. The possibilities are yours at 339 Mercedes Avenue.
Additional Information
- Acres
- 0.17
- Appliances
- Electric Oven, Electric Range, Electric Water Heater
- Elementary School
- Cherry Street
- Exterior Features
- Patio
- High School
- Bay
- Interior Features
- Tub Shower
- Lot Dimensions
- 50.0 ft x 150.0 ft
- Lot Features
- Paved
- Middle School
- Jinks
- Neighborhood
- Bay - Central SW
- Project Facilities
- Short Term Rental Allowed
- Subdivision
- Sudduths 4th Add
- Waterview
- Bayou
- Year Built
- 1984
- Zoning
- Resid Multi-Family
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Listing courtesy of Counts Real Estate Group Inc.