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$499,000

**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.

4 Beds ⋅ 3 Baths ⋅ 796225 MLS

339 Mercedes Avenue, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$298,000

Welcome to this incredible opportunity in the heart of historic The Cove! Offering one of the most generous floor plans in the neighborhood, this sprawling 6-bedroom, 3-bathroom residence spans an impressive 2,765 sq. ft. and sits on a sizable lot. Significant, peace-of-mind updates have already been completed, making this a fantastic find. Recent improvements include a fully updated plumbing system, a new water heater, refreshed exterior siding, updated steps, select new flooring, and newly repaired/replaced energy-efficient LED lighting throughout. Featuring a flexible layout with ample room to grow, entertain, or customize, the property also boasts a great covered porch and outdoor space. Enjoy the ultimate Panama City location just minutes from local schools, parks, dining, and downtown. Bring your personal touch to complete the final cosmetic touches and make this massive footprint your dream home or next great investment!

6 Beds ⋅ 3 Baths ⋅ 795330 MLS

338 N Bonita Avenue, Panama City

Listing courtesy of The Premier Property Group.

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