215 N Macarthur Avenue, Panama City, FL 32401

Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
215 N Macarthur Avenue,Panama City, FL 32401
$449,000
  • 7 Beds
  • 4 Baths
  • 3,184 sq. ft.
  • Single family
  • Pending
Listed by: mike herring
Office: keller williams realty srb
MLS#:988363
Source:FL_ECAR

Price summary

  • Price:$449,000
  • Price per sq. ft.:$141.02

About this home

UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS. This property will sell quickly because of the tremendous investment income. 3 individual residences onsite. 213 N. Macarthur a 2 bedroom / 2 bathroom residence (above garage) could rent for $1850 per month. 213 1/2 N. Macarthur a 1 bedroom / 1 bathroom (below garage) residence could rent for $1,000 per month. $2850 per month in potential rental income - enough to cover your mortgage - so you get to live in the main home which boasts 4 bedrooms / 2 bathrooms and a generous 1756 square feet and rent the 2 apartments. The entire property is a whopping 3184 square feet on a 1/3 acre. There is a pool in the backyard that serves as an anchor for both the main home and two apartments. Tenants will pay extra for this type of amenity. Or, utilize both or one of the apartments for a mother-in-law quarters. Located in the historic Cove neighborhood, close to all major roads, 23rd Street, 15th Street, Highway 77. Located

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1945
  • Listing ID #:988363
  • Added:109 day(s) ago
  • Updated:February 10, 2026 at 08:19 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,184 sq. ft.

Structure and exterior

  • Year built:1945
  • Building area:3,184 sq. ft.

Schools

  • High school:Bay
  • Middle school:Jinks
  • Elementary school:Cherry Street

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$449,000
  • Price per sq. ft.:$141.02
The information being provided by Emerald Coast 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 Emerald Coast Association Of REALTORS®. Better Homes and Gardens Real Estate Emerald Coast 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 Emerald Coast, a broker participant of Emerald Coast 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 Emerald Coast 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 Emerald Coast Association Of REALTORS®. All rights reserved.

New listings near 215 N Macarthur Avenue