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1016 W 12th St, Panama City, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$520,000

750

MLS® 778925

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential
Size -
Garage Yes
Taxes $5,165
Days Active 96
Lot Size 0.4 acres
Approx. Age 1969
MLS® Number 778925

Property Address: 1016 W 12th St, Panama City, FL, 32401-2007

Average square foot calculated using Size range provided by listing agent.

Description

Dual-Home Family Retreat Near Beach Drive - Live, Rent, or Both! Discover the perfect blend of family living and investment potential in this rare dual-home property near Panama City's Beach Drive and St. Andrews. Ideal for multi-generational families, those needing a mother-in-law suite, or buyers seeking income flexibility, this property offers space, comfort, and opportunity in one. Property Features: Two Homes, One Lot: Separate addresses for privacy or rental income. Front Home: 5 bed, 3 bath, spacious living areas, granite kitchen, and modern upgrades. Back Home: 2 bed, 2 bath cottage — perfect for in-laws, guests, or tenants. Bonus Space: 200+ sq ft garage area ready for a home office, extra bedroom, or entertainment room. Updated & Ready: Post-Hurricane Michael roof, updated HVAC, new appliances, granite countertops, and irrigation system. Parking: Two-car garage with rear alley access for convenience. Investment & Lifestyle Flexibility: Live in one home and rent the other for added income. Use the back home as a mother-in-law suite or short-term rental. Convert the bonus space to boost rental value or expand family living. Prime Location: Steps from Beach Drive waterfront and St. Andrews dining and shops. Close to schools, library, and parks — perfect for families. Central location with easy access to work, shopping, and recreation. With 7 bedrooms, 5 baths, and move-in-ready upgrades, this versatile property suits both family living and long-term investment goals. Enjoy the flexibility to live, rent, or expand — all within minutes of Panama City's coastal charm. Schedule your showing today and explore the possibilities!
MLS® Number778925
Laundry Level
Central VacNo
FireplaceNo
Acreage0.4
Exterior
GarageYes
Approx. Age1969
Basement
DrivewayAdditional Parking, Alley Access, Drive Through
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bathroom 1:Second Floor16 × 14 ft
Bedroom 1:First Floor10 × 10 ft
Other:First Floor16 × 14 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 12, 2025List Date
$520,000List Price
  • Commute

Commute

Starting Address
Destination Address
1016 W 12 Th St, Panama City, FL

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