221 W Baldwin Road, Panama City, FL 32405

Local realty services provided by:Better Homes and Gardens Real Estate Historic
221 W Baldwin Road,Panama City, FL 32405
$495,000
  • 4 Beds
  • 2 Baths
  • 1,750 sq. ft.
  • Single family
  • Active
Listed by:matt w wright
Office:think real estate
MLS#:775153
Source:FL_BCMLS

Price summary

  • Price:$495,000
  • Price per sq. ft.:$282.86

About this home

Versatile Property with Income-Producing Apartment on 1 Acre in Panama City Located on a spacious 1-acre lot in unincorporated Bay County, this unique property offers incredible flexibility, comfort, and income potential. The main home features 4 bedrooms plus a bonus room/office, a 2-car garage with an oversized cubby ideal for a workshop, and stylish concrete and stainless steel kitchen countertops. A covered front porch provides the perfect outdoor space to relax. Key systems have been updated, including a metal roof (2019), HVAC (2019), and hot water heater (2018). A standout feature is the 800 sq ft, 1-bedroom/1-bath studio apartment located above a separate 3-car detached garage. The apartment has its own laundry area, private entrance, and separate septic system (replaced after Hurricane Michael). Currently rented for $1,500/month, it's ideal for offsetting your mortgage, hosting guests, or accommodating multigenerational living. Additional Features

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Home facts

  • Year built:1969
  • Listing ID #:775153
  • Added:98 day(s) ago
  • Updated:September 16, 2025 at 02:25 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,750 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1969
  • Building area:1,750 sq. ft.
  • Lot area:0.99 Acres

Schools

  • High school:Bay
  • Middle school:Jinks
  • Elementary school:Northside

Utilities

  • Water:Water Available, Well
  • Sewer:Septic Available, Septic Tank, Water Available

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$282.86
  • Tax amount:$2,224 (2024)
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