336 N Gray Avenue, Panama City, FL 32401
- $195,000
- 3
- BD
- 2
- BA
- Sold Price
- $195,000
- List Price
- $209,000
- Closing Date
- Oct 27, 2025
- MLS#
- 777578
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 2
- Lot Size
- 11,761
- Neighborhood
- Bay - Central SE
Property Description
INVESTOR SPECIAL - 2 DOORS, 1 PRICE, HUGE UPSIDE This Panama City property is a true value-add opportunity with multi-income potential. Sitting on a multi-family lot, you'll find a fully functional 3BR/2BA main home that's rent-ready—plus two additional detached structures to be converted into a separate living with a great workshop or storage area. Whether you're building out a rental portfolio or looking for a project with strong equity upside, this setup delivers. The main house features original hardwood floors, paneled walls, a tiled master bath, and all major appliances already in place. Solid bones and city utilities make renovation straightforward. Located in-town and minutes to shopping, schools, and employers, this is an ideal location for long-term tenants. Live in one, rent the other, or bring in steady cash flow from both. Two units. One lot. Endless potential.
Additional Information
- Acres
- 0.27
- Appliances
- Electric Range
- Elementary School
- Cherry Street
- High School
- Bay
- Lot Dimensions
- 85 x 140
- Lot Features
- Paved
- Middle School
- Jinks
- Neighborhood
- Bay - Central SE
- Project Facilities
- Short Term Rental Allowed
- Stories
- 2
- Subdivision
- No Named Subdivision
- Utilities
- Cable Connected, Electricity Available
- Year Built
- 1945
- Zoning
- Resid Single Family
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Listing courtesy of Beach Properties Real Estate. Selling Office: EXP Realty LLC.