339 Mercedes AVE Panama City, FL 32401
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,461 sqft
Price per Sqft $202
Subdivision Sudduths 4Th Add
MLS Listing ID 796225
Style Duplex
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1984
Annual Tax Amount $5,766
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Duplex
Property Description
Welcome to 339 Mercedes Avenue in Panama City, Florida, a fully furnished, turnkey duplex offering an incredible opportunity for investors, house hackers, or buyers looking for flexible living options near Downtown Panama City.
This income-producing multifamily property is full of possibilities, live in one side and rent the other to help offset your monthly expenses, create space for multigenerational living, or rent both units for additional income potential. One side is currently being utilized as a short-term rental, making this property an attractive option for buyers looking for an established furnished rental setup.
Both sides have been thoughtfully updated throughout and are being sold, fully furnished and turnkey, allowing the next owner to step right in. Each unit also offers its own spacious backyard, providing plenty of outdoor space for residents and guests.
One of the standout features is the view of Massalina Bayou, giving this investment property a unique coastal Panama City setting while keeping you close to everything.
Located near Downtown Panama City, shopping, dining, Ascension Sacred Heart Bay, and Tyndall Air Force Base, with Panama City Beach and the beautiful Gulf Coast beaches just a short drive away.
Whether you're searching for a duplex for sale in Panama City, FL, an income-producing property, a furnished investment property, or a home where you can live in one unit and rent the other, 339 Mercedes Avenue offers flexibility, location, and investment potential all in one property.
Live in one. Rent the other. Rent them both. The possibilities are yours at 339 Mercedes Avenue.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Interior Features Tub Shower
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Plank, Vinyl
Fireplace No
Appliance Electric Oven, Electric Range, Electric Water Heater
Exterior
Exterior Feature Patio
Parking Features No Garage
Fence Full, Fenced
Community Features Short Term Rental Allowed
View Bayou
Roof Type Composition,Shingle
Porch Balcony, Patio
Private Pool No
Building
Lot Description Paved
Dwelling Type Duplex
Foundation Slab
Sewer Public Sewer
Architectural Style Duplex
New Construction No
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Restrictions Short Term Rentals Allowed
Tax ID 21232-010-000
Security Features Smoke Detector(s)
Special Listing Condition Listed As-Is
NEARBY SCHOOL & BUSINESS
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