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520 Maine Avenue

#775716

CommercialSale

Built in 1946

$499,500

Details

Looking to expand your real estate portfolio or jumpstart your journey as a landlord? This 5-unit multi-family property in Panama City offers steady cash flow and long-term value. partially rented / ready to lease (customize based on status) Low maintenance units - easy management Strong rental demand in the area Proximity to beaches, schools, and major employers Zoned for residential income-producing propertyBuilding 1TypeSFR AVERGTotal Area2,129Heated Area1,251Exterior WallsAL SIDINGRoof CoverENG SHINGLInterior WallsDRYWALLFrame TypeN/AFloor CoverCLAY TILE; CARPETHeatAIR DUCTEDAir ConditioningCENTRALBathrooms1Bedrooms3Stories1Actual Year Built1946Building 2TypeDUPLEXTotal Area1,643Heated Area1,346Exterior WallsMINIMUMRoof CoverENG SHINGLInterior WallsDRYWALLFrame TypeN/AFloor CoverPINE WOODHeatRAD ELECAir ConditioningWINDOWBathrooms2Bedrooms4Stories2Actual Year Built1956Building 3TypeDUPLEXTotal Area2,315Heated Area2,171Exterior WallsASB SHNGLERoof CoverENG SHINGLInterior WallsDRYWALLFrame TypeN/AFloor CoverASPH TILEHeatAIR DUCTEDAir ConditioningCENTRALBathrooms2Bedrooms3Stories1Actual Year Built1952
GENERAL
Real Estate Type CommercialSale
Full Bathrooms 0
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 0
Real Estate Sub Type MultiFamily
Square Feet 4,768
Stories 0
Year Built 1,946
Lot Size Area 0
Agent Key 19,659,834
Agent MLS Id B7235
Office Key 906,218
Source System Id TRESTLE
Office Phone (850) 249-0313
Elevation 0
Parcel Number 22686-000-000
Number Of Units Total 5
Tax Legal Description PINECREST ADD LOTS 1
2 & W 35' LOTS 23
24 DB 173 P 319 BLK 0 ORB 4000 P 1760
Special Listing Conditions ListedAsIs
Internet Address Display True
Internet Automated Valuation Display True
Agent Name Will Pender
Agent Email [email protected]
Agent Cell (850) 358-3610
Agent Office (850) 249-0313
Broker Id BKWS
Office Name Keller Williams Success Realty
Listing Contract Date 7/1/2025
Status Active
Days On Market 1
BUILDING
Construction HardiplankType
Cooling CentralAir
Electric
WindowUnits
Roof Composition
Pitched
Shingle
Fireplace False
Parking Total 0
Other Structures CoveredArena
Utilities ElectricityAvailable
SewerAvailable
WaterAvailable
Private Pool False
Spa False
LOCATION
Subdivision [No Recorded Subdiv]
Directions From Sherman ave
head south toward Bus (98 Hwy ) turn left on 6th st
proceed to Maine Ave
property will be on corner.
County Bay
Waterfront False
SCHOOLS
Elementary School Cherry Street
Middle School Jinks
High School Bay

Questions