2729 Carol Lane, Panama City, FL 32405
Local realty services provided by:Better Homes and Gardens Real Estate Historic



2729 Carol Lane,Panama City, FL 32405
$1,649,000
- 16 Beds
- 16 Baths
- 7,240 sq. ft.
- Multi-family
- Active
Listed by:christina knox
Office:scenic sotheby's international realty
MLS#:766313
Source:FL_BCMLS
Price summary
- Price:$1,649,000
- Price per sq. ft.:$227.76
About this home
Introducing a rare opportunity to expand your portfolio with a brand-new construction featuring four duplexes, totaling eight meticulously designed units. Each 905-sq.-ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long-term and short-term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes, including sleek quartz countertops and soft-close drawers and doors in the kitchen and bathrooms. Brand-new appliances add to the property's appeal, ensuring a low-maintenance investment for years to come. Strategically situated just 1.5 miles from popular destinations like Target, Starbucks, and the vibrant shopping and dining options on Highway 77 and 23rd Street, this property offers unparalleled convenience for tenants. Additionally, its proximity to schools and hospitals further enhances its desirability. Currently, seven of the eight units are rented long-term, providing immediate cash flow, while the flexibility to utilize short-term rentals offers additional income potential. This turnkey investment is ideal for savvy investors looking to secure a high-demand property in a prime location with excellent growth potential. With its exceptional quality, strategic location, and rental versatility, this investment promises long-term stability and value. Seize this opportunity to add a modern, income-generating property to your portfolio.
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Home facts
- Year built:2024
- Listing Id #:766313
- Added:239 day(s) ago
- Updated:August 02, 2025 at 02:25 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:16
- Full bathrooms:16
- Living area:7,240 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:2024
- Building area:7,240 sq. ft.
Schools
- High school:Bay
- Middle school:Mowat
- Elementary school:Hiland Park
Finances and disclosures
- Price:$1,649,000
- Price per sq. ft.:$227.76
- Tax amount:$848 (2023)
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