1347 Mercedes Avenue #A-B, Panama City, FL 32401

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
1347 Mercedes Avenue #A-B,Panama City, FL 32401
$240,000
  • 2 Beds
  • 2 Baths
  • 796 sq. ft.
  • Multi-family
  • Active
Listed by: james cameron
Office: jc real estate group, llc.
MLS#:794521
Source:FL_BCMLS

Price summary

  • Price:$240,000
  • Price per sq. ft.:$301.51

About this home

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...

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Home facts

  • Year built:2026
  • Subdivision & Development:[No Recorded Subdiv]
  • Listing ID #:794521
  • Added:59 day(s) ago
  • Updated:October 23, 2026 at 03:17 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:2
  • Flooring:Plank, Vinyl
  • Kitchen Description:Electric Range, Electric Water Heater
  • Living area:796 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, Ductless

Structure and exterior

  • Roof:Metal
  • Year built:2026
  • Building area:796 sq. ft.
  • Architectural Style:Duplex

Schools

  • High school:Bay
  • Middle school:Mowat
  • Elementary school:Cedar Grove

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$240,000
  • Price per sq. ft.:$301.51
  • Tax amount:$128 (2025)

Features and amenities

  • Amenities:DoublePaneWindows, ElectricRange, ElectricWaterHeater
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Better Homes and Gardens Real Estate Historic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Historic, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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