2004 Drummond Avenue Unit Units 2004 and 2006, Panama City, FL 32405
- $230,000
- 4
- BD
- 2
- BA
- Sold Price
- $230,000
- List Price
- $249,000
- Closing Date
- Jun 22, 2026
- MLS#
- 784202
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 14,593
- Neighborhood
- Bay - Central NW
Property Description
*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* *SELLER ONLY ACCEPTING CASH OFFERS* While previously under contract, this property had $3,300 worth of compliance repairs executed. This dual-unit duplex presents a straightforward investment opportunity for those looking to add a functional, high-occupancy asset to their portfolio. Both sides (2004 & 2006) feature a practical 2-bedroom, 1-bathroom layout and received a targeted interior refresh in December 2025. These updates include brand-new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the units are clean and move-in ready. Each kitchen is equipped with a stove and a brand-new refrigerator. Each unit includes its own dedicated carport, private front porch, and individual laundry room with hookups; Unit 2006 also features a back door for easy yard access. This duplex includes a shed located in the backyard for extra storage. Location is a key highlight, as the property is conveniently nestled between Highway 98 and 23rd Street, just off Michigan Avenue. While Michigan Avenue is currently undergoing major water-main improvements, this infrastructure work promises significant long-term benefits for the area's value and utility. Situated on a low-traffic street in an established neighborhood, this property offers excellent flexibility for various investment strategies, as it can be purchased as a single parcel or as individual sides. Text listing agent for more information.
Additional Information
- Acres
- 0.33
- Appliances
- Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
- Elementary School
- Lucille Moore
- High School
- Bay
- Interior Features
- Tub Shower
- Lot Dimensions
- 100 x 146
- Lot Features
- Paved
- Middle School
- Jinks
- Neighborhood
- Bay - Central NW
- Stories
- 1
- Subdivision
- [No Recorded Subdiv]
- Utilities
- Electricity Available
- Year Built
- 1960
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Listing courtesy of Golden Coast Real Estate LLC. Selling Office: Beach Haven Realty.