Dual-house Property Near Beach Drive with Unique Flexibility

USD $528,000
1016 West 12th Street, Panama City, Florida, 32401, USA

Property Highlights

  • Two separate homes on one lot
  • Granite kitchen with modern upgrades
  • Bonus 200+ sq ft garage space
  • Two-car garage with alley access
  • Steps from Beach Drive waterfront
  • Close to schools and parks

Overview

Dual-Home Family Retreat Near Beach Drive - Live, Rent, or Both! Discover the perfect blend of family living and investment potential in this rare dual-home property near Panama City's Beach Drive and St. Andrews. Ideal for multi-generational families, those needing a mother-in-law suite, or buyers seeking income flexibility, this property offers space, comfort, and opportunity in one. Property Features: Two Homes, One Lot: Separate addresses for privacy or rental income. Front Home: 5 bed, 3 bath, spacious living areas, granite kitchen, and modern upgrades. Back Home: 2 bed, 2 bath cottage - perfect for in-laws, guests, or tenants. Bonus Space: 200+ sq ft garage area ready for a home office, extra bedroom, or entertainment room. Updated & Ready: Post-Hurricane Michael roof, updated HVAC, new appliances, granite countertops, and irrigation system. Parking: Two-car garage with rear alley access for convenience. Investment & Lifestyle Flexibility: Live in one home and rent the other for added income. Use the back home as a mother-in-law suite or short-term rental. Convert the bonus space to boost rental value or expand family living. Prime Location: Steps from Beach Drive waterfront and St. Andrews dining and shops. Close to schools, library, and parks - perfect for families. Central location with easy access to work, shopping, and recreation. With 7 bedrooms, 5 baths, and move-in-ready upgrades, this versatile property suits both family living and long-term investment goals. Enjoy the flexibility to live, rent, or expand - all within minutes of Panama City's coastal charm. Schedule your showing today and explore the possibilities!
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Property Features

1016 West 12th Street, Panama City, Florida, 32401, USA offers the following features:

Bedrooms: 7
Bathrooms: 5 Full
Property Type: Residential Multi Family
Status: Active
Reference ID: 778925

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