- BHGRE®
- Florida
- Panama City
- 7024 Mike Lane
7024 Mike Lane, Panama City, FL 32404
Local realty services provided by:Better Homes and Gardens Real Estate Historic
7024 Mike Lane,Panama City, FL 32404
$225,000
- 3 Beds
- 2 Baths
- 1,702 sq. ft.
- Single family
- Active
Listed by: angela m feria
Office: foundation real estate agency llc.
MLS#:785044
Source:FL_BCMLS
Price summary
- Price:$225,000
- Price per sq. ft.:$132.2
About this home
Rare opportunity to acquire a solid brick property at just $107 per square foot with major improvements already completed. This 2,102 sq ft total includes a 1,705 sq ft main home plus a 397 sq ft MIL area.
Big-ticket items are already done: roof (2019), gas A/C (2019), gas water heater (2019), updated electrical panel, windows & slider (2017). Both the main home and MIL area are brick construction, adding long-term durability and lower maintenance costs.
The property features a 320 sq ft Florida room (40x8) with windows—half enclosed and half screened—providing additional flex space not reflected in standard living square footage.
Interior renovations are partially completed, allowing an investor to step in and finish with minimal disruption. Flooring has already been replaced throughout (only a few LVP pieces remain). The master shower was fully tiled in 2021, and the guest bath flooring has been newly tiled.
The MIL area is already equipped with water, electrical, sheetrock, ceiling lights, and window A/C.
Perfect for fix-and-flip, long-term rental, or multi-generational income strategy. With strong bones, updated systems, and a low price per square foot, this property offers exceptional upside for the right investor or family looking to make this home their own!
Contact an agent
Home facts
- Year built:1975
- Listing ID #:785044
- Added:1 day(s) ago
- Updated:February 11, 2026 at 11:12 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,702 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1975
- Building area:1,702 sq. ft.
- Lot area:0.34 Acres
Schools
- High school:Rutherford
- Middle school:Rutherford Middle
- Elementary school:Parker
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$132.2
- Tax amount:$1,580 (2025)
New listings near 7024 Mike Lane
- New
$385,000Active3 beds 2 baths2,160 sq. ft.707 Plantation Circle, Panama City, FL 32404
MLS# 784591Listed by: COASTAL CHOICE REALTY LLC - New
$155,000Active3 beds 3 baths1,842 sq. ft.4518 Tropical Drive, Panama City, FL 32404
MLS# 785043Listed by: OVERSTREET REALTY - New
$330,000Active3 beds 2 baths1,663 sq. ft.104 Seneca Court, Panama City, FL 32404
MLS# 785038Listed by: OWN IT REAL ESTATE LLC - Open Sun, 1 to 3pmNew
$429,999Active4 beds 2 baths2,154 sq. ft.3827 Heartwood Street, Panama City, FL 32404
MLS# 784925Listed by: EMPIRE REAL ESTATE OF FLORIDA LLC - New
$320,000Active3 beds 3 baths1,366 sq. ft.2418 Causeway Manor Court, Panama City, FL 32408
MLS# 785034Listed by: CENTURY 21 RYAN REALTY INC - New
$125,000Active2 beds 1 baths1,032 sq. ft.931 Taylor Drive, Panama City, FL 32404
MLS# 785024Listed by: BEACHY BEACH REAL ESTATE - New
$389,900Active4 beds 3 baths2,275 sq. ft.7218 Big Buck Boulevard, Panama City, FL 32409
MLS# 785026Listed by: DR HORTON REALTY OF EMERALD COAST, LLC - New
$218,000Active3 beds 2 baths1,062 sq. ft.4121 Holley Lane, Panama City, FL 32404
MLS# 784647Listed by: ERA NEUBAUER REAL ESTATE INC - New
$354,000Active4 beds 3 baths2,342 sq. ft.106 Sandollar Drive, Panama City, FL 32408
MLS# 785007Listed by: EXP REALTY LLC