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Charming & Renovated Duplex in Historic Cove - Investment Opportunity!

Welcome to 124-126 E 2nd Place, Panama City, a beautifully updated duplex in the heart of the historic Cove neighborhood. Just moments from St. Andrews Bay and downtown Panama City, this property offers a blend of historic charm and modern convenience, making it perfect for investors or those seeking a home with rental income potential.

Each unit features an identical floor plan, offering a functional and spacious layout. From the upstairs unit's porch, you can enjoy views of the water, creating a peaceful retreat right at home. The recently completed Beach Drive, just a short walk away, provides the perfect setting for biking, jogging, or leisurely strolls along the bay. With downtown Panama City only minutes away, you can easily explore local shops, restaurants, and entertainment—all within a 10 minute walk, or biking distance.

In 2023, major updates were completed, including new drywall, insulation, electrical, and plumbing. Updates have enhanced both the interior and exterior, with fresh paint, upgraded flooring, updated kitchens and bathrooms, and carefully restored details that highlight the home's character. The property also features thoughtfully designed outdoor spaces, added parking, and stylish finishes throughout. Currently furnished as a vacation rental, this duplex is move-in ready and offers a turnkey investment opportunity.

Whether you're looking to generate passive income, or own a piece of Panama City history, this versatile property is a rare find in a prime location. Reach out today to learn more!
#768582

Panama City

124 E 2nd Place

4 Beds

2 Baths

2,092 Sq.Ft.

$514,900

MLS#: 768582

Newer 4 Bedroom 2 Bath HOME in the Butler Farms Community! This home features an open design encompassing the Living, Dining, and Kitchen spaces. The Kitchen features gorgeous cabinets, granite countertops, and Stainless-Steel Appliances (Includes Range with Microwave hood and Dishwasher) to also include a washer and dryer.  The master bedroom has a private bath with dual vanity sinks and a walk-in closet.
#758395

Panama City

5584 Lexa Lane

3 Beds

2 Baths

1,640 Sq.Ft.

$2,195

MLS#: 758395

Here is an opportunity to own a car Wash on Front Beach Road. This is a great location. Lots of traffic on this busy street. Car wash has vacuums also. Call me to see this great opportunity and this great location. Seller only owned for 1 month and is selling. The profit for the month of March was $10,841.00 after expenses.
#771538

Panama City Beach

8610 Front Beach Road

None Beds

None Baths

1,800 Sq.Ft.

$599,000

MLS#: 771538

Deerpoint area Unique Property large 2 acres 2BD Mobile Home that has 24 x30 concrete block addition many possibilities, Big green house , Koi Pond, Work shop, plus shed paved road , near nice park/ play ground, close to Lake & North Bay
#649949

Southport

9231 NICKI Road

2 Beds

1 Baths

1,600 Sq.Ft.

$79,900

MLS#: 649949

NEW CONSTRUCTION 3 BED/2 BATH-100% FINANCING AVAILABLE ON COMPLETED HOME! HOME OFFERS LARGE LIVING ROOM, SEPARATE DINING AREA WITH NAFCO FLOORING. THE LIVING ROOM IS SPACIOUS AND OPEN TO THE DINING AND KITCHEN AREAS. THE KITCHEN HAS STAINLESS APPLIANCES AND BREAKFAST BAR WITH CONNECTED LARGE LAUNDRY ROOM. THE MASTER SUITE HAS A LARGE CLOSET AND EN SUITE BATHROOM WITH SEPARATE TUB AND SHOWER. EXTERIOR FEATURES INCLUDE, OPEN-AIR PATIO, GARAGE, FULLY SODDED YARD WITH SPRINKLER SYSTEM AND SIDEWALKS. CALL TODAY TO SCHEDULE YOUR OWN PRIVATE SHOWING APPT. ALL AGES, SIZES, AND SCHOOL ZONES ARE APPROXIMATE. LISTING AGENT HAS OWNERSHIP INTEREST IN THIS PROPERTY
#658536

Panama City

1225 E 26TH Street

3 Beds

2 Baths

1,251 Sq.Ft.

$169,900

MLS#: 658536

Are you Looking for the perfect home for your family? Well look no further than this Gorgeous 3 bedroom 2 bath brick home in the Beautiful Well-Established  Indian Springs Golf Course Community. The home is turn key with an open split bedroom floorplan and 2160 sq ft, this home has it all! Vaulted ceilings in the dining room and living room which has a beautiful wood burning fireplace offering a cozy retreat featuring a fireplace surrounded by built in shelving. The master bedroom is a spacious haven with its own bathroom offering double sinks. The family room is the perfect place for the kids to have their own space or could be used as a 4th bedroom! The backyard is perfect for entertaining. The large 13x48 covered patio overlooks the backyard with a privacy fenced that was replaced 4 years ago! There is plenty of room to add a pool, or just watch the kids play!! The home was completely remodeled in 2016 which included the metal roof with additional insulation, HVAC (15 seer), water heater, Corian countertops in the kitchen, both bathrooms were completely remodeled, well pump and bladder tank. Other updates include: Unground utilities, bamboo wood flooring, tile flooring and freshly painted. More recent updates include new gutters along the back of the house, custom-made wood shutters, blown in insulation above the bonus room, new toilets in both bathrooms, new well pump. Newer 10x20 side lofted barn and offers lots of storage for all your needs. This home can be the perfect place for you, but this will not last long!! So call today for your personal showing!!
#767563

Marianna

5150 Menawa Trail

3 Beds

2 Baths

2,160 Sq.Ft.

$314,500

MLS#: 767563

Beautiful 3 bedroom, 2 bath home located on the west end of Panama City Beach. Home features granite countertops, stainless appliances, washer & dryer included, large walk in tile shower and separate tub, covered patio and fenced back yard. Community features pool, tennis and gym.
#672574

Panama City Beach

126 TURTLE Cove

3 Beds

2 Baths

1,519 Sq.Ft.

$1,950

MLS#: 672574

Lot 110 is the lowest priced home site in the community!!! Priced just reduced! Not a short sale! Investors, Builders and Home Owners take notice. Unbelievable Opportunity to build your dream home in Laird Point! This gated, waterfront community offers the perfect blend of privacy and proximity. All just minutes from Tyndall AFB, restaurants, and shopping. We have local builders and lenders that are very familiar with Laird Point and are ready to help. Laird Point offers City Water/Sewer and Underground utilities. Please call if you would like to schedule a personal tour of this property and Laird Point. Local bank now offering up to 90% financing on lot loans.
#605521

Panama City

1109 ZEPHYR Way

None Beds

None Baths

0.47 acres

$11,900

MLS#: 605521

Location,Location,Location. Bay front estate size lot conveniently located in Ashland Subdivision Behind FSU Campus. The parcel has 184' on the bay that not only provides unobstructed views, but has water deep enough to accomodate most 25' to 30'boats. Convenient to the 23rd. st corridor and the beaches yet quiet and private. House is in great shape compliments of Hurricane Dennis. Other features include a game room w/bath and a three car garage that adds another 1500 sg ft under the roof.
#506093

Panama City

4400 Ashland Road

3 Beds

2 Baths

2,500 Sq.Ft.

$550,000

MLS#: 506093

For Sales Comparison Only
#645389

Panama City Beach

537 WAHOO

3 Beds

2 Baths

2,205 Sq.Ft.

$350,000

MLS#: 645389

Completely updated immaculate penthouse unit at Pinnacle Port! Beautiful custom tile floors throughout the first floor, plus the upstairs baths. The full kitchen features ocean views, new countertops, a glass tile backsplash, and a breakfast bar. A rustic farm table in the dining area creates a feeling of home. The living area is equipped with a complete furniture set with sleeper sofa, a wall mounted flat screen TV, and access to the private Gulf front balcony. Upstairs, the master bedroom boasts its own private balcony and an en suite bath with new tub. The expanded second bedroom has two bunk beds and stunning ocean views, with a full bath down the hall. Pinnacle Port is ideally located at the west end of Panama City Beach. on the shores of the Gulf and Lake Powell, just a short drive to 30A to the west or Pier Park to the East. This unique gated condo complex features world-class amenities including: a marina on Lake Powell, private beach access, one indoor and one outdoor pool, tennis courts, saunas, BBQ grills, basketball court, playground, shuffleboard, and more.
#645113

Panama City Beach

23223 FRONT BEACH Road PH-19

2 Beds

2 Baths

983 Sq.Ft.

$247,000

MLS#: 645113

What a find!!!! Pasture all fenced with lots of road frontage on 2 county maintained roads. Currently used for cows, but ready to put crop in ground or build your dream home.
#659467

Vernon

000 CREEK

None Beds

None Baths

35.0 acres

$129,900

MLS#: 659467

Excellent home in Cherokee heights, split bedroom plan,4 bedroom 2 bath, 4th bedroom could be used as office. ceramic tile and carpet, 2 car garage, separate laundry room,privacy fenced back yard and close to TAFB. Back yard play/swing set included
#635858

Panama City

5618 MERRITT BROWN Road

3 Beds

2 Baths

1,437 Sq.Ft.

$1,450

MLS#: 635858

Completely renovated (Effective year as 2000) Property suffered only minor damage during Hurricane Michael that have been repaired.  This is a perfect office for a small company or firm with parking on site and rear entrance from alleyway for employees. A real find, come see it quickly!
#677558

Panama City

814 Grace Avenue

None Beds

None Baths

939 Sq.Ft.

$89,900

MLS#: 677558

This is a great 3 bedroom home in the Cove area of Panama City.  This Florida style cottage has been completely remodeled and is move-in ready.
#653661

Panama City

231 ALLEN Avenue

3 Beds

1 Baths

1,316 Sq.Ft.

$135,000

MLS#: 653661

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