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Michael Herring

mherringrealestate@gmail.com +1(850) 321-0917

$ 240,000

Est. payment -/mo

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Active

904 E 14th ST #A-B Panama City, FL 32401

2 Beds

2 Baths

792 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 792 sqft

Price per Sqft $303

Subdivision [No Recorded Subdiv]

MLS Listing ID 794618

Style Duplex

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 2026

Tax Year 2026

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Duplex

Property Description

INVESTORS WANTED -- BRAND-NEW INCOME-PRODUCING DUPLEX! Looking for an affordable way to add new construction to your rental portfolio? This brand-new duplex offers an excellent opportunity to generate cash flow with minimal maintenance. Convenient Panama City Location Located just one block off MLK Blvd near 15th Street, the property is close to shopping, employment, transportation, and everyday conveniences. The new MLK Recreation Center is just a stone's throw away, and a nearby bus stop is within easy walking distance. PROPERTY FEATURES • Brand-new construction • Two separate 1-bedroom / 1-bath units • Estimated rent of approximately $1,300 per month per unit • Approximately $2,600/month in combined projected rental income • Durable Hardie® siding • Quartz countertops • Luxury vinyl plank (LVP) flooring • Designed with low-maintenance rental ownership in mind The efficient 1-bedroom floor plans are ideal for singles, couples, retirees, or anyone looking for an attractive new home with manageable monthly expenses. EVEN MORE INCOME POTENTIAL One of the biggest advantages of this property is the opportunity to expand the rental income. The property has space for an additional accessory dwelling unit, and I already have a permitted plan available. For an additional fee, I can build the accessory unit for the buyer. The additional unit is projected to rent for approximately $1,300 per month, potentially increasing total gross rental income to approximately: $3,900 PER MONTH / $46,800 PER YEAR That gives an investor the opportunity to purchase the duplex today and add another income-producing unit without having to start the planning process from scratch. New construction. Low maintenance. Strong rental potential. Future expansion opportunity. Call or message me for pricing, additional property details, rental projections, or information on adding the third unit. Owner/Agent Rental amounts are estimates only and are not guaranteed. Buyer should independently verify rental rates and investment performance. See 1347 Mercedes Ave and 900 E 14th St for the additional properties.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Interior Features Tub Shower, Walk-In Closet(s)

Heating Ductless, Electric

Cooling Ceiling Fan(s), Ductless

Flooring Plank, Vinyl

Fireplace No

Appliance Electric Range, Electric Water Heater

Exterior

Community Features Short Term Rental Allowed

Roof Type Metal

Porch Covered, Patio

Private Pool No

Building

Dwelling Type Duplex

Foundation Slab

Sewer Public Sewer

Architectural Style Duplex

New Construction Yes

Schools

Elementary Schools Cedar Grove

Middle Schools Mowat

High Schools Bay

Others

Restrictions Short Term Rentals Allowed

Tax ID 16809-002-000

Listed by JC Real Estate Group, LLC.

Michael Herring

Broker Associate License ID: BK3256219

+1(850) 321-0917

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Michael Herring

904 E 14th ST #A-B Panama City, FL 32401

Key Details

Location

Interior

Exterior

Building

Schools

Others

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904 E 14th ST #A-B