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Property view

405 E 4th Street, 
Panama City, FL 32401

$365,000


4

Beds


4

Baths


2,080

Sq Ft


Multi-Family

Sold

Listed by

Nathan Lawrence

Bought with Beach Haven Realty

Keller Williams Success Realty

MLS#

749082

Source:

FL BCMLS

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About This Home

405 E 4th Street

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Spectacular WATERFRONT property nestled along Massalina Bayou offers effortless access to deep waters for fishing and memorable days at Shell Island! This fantastic opportunity includes the adjacent vacant corner lot at 403 E 4th St, which is ready for development. You'll have a generous 168.8 feet of combined water frontage, making it a waterfront dream.Located just steps from the charming attractions of historic downtown Panama City, this quadriplex features one-bedroom, one-bathroom units with long-term tenants in place. While it requires some tender loving care, there's immense potential waiting to be unlocked.The property boasts a brand-new roof installed in July 2020, ensuring solid protection. However, some interior updates are needed due to water damage incurred prior to the roof replacement. With its prime location and incredible possibilities, this property is an exciting prospect for savvy investors.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1946

Price Summary

375,000

$180 per Sq. Ft.

MLS #:

749082

Sold:

March 15, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,080 Sq. Ft.


Structure

Structure

Building Area:

2,080 Sq. Ft.

Year Built:

1946


Lot

Lot Size (Sq. Ft):

31,363


Finances & Disclosures

Finances

Price:

$375,000

Price per Sq. Ft:

$180 per Sq. Ft.

Source:FL BCMLS
The information being provided by Central Panhandle Association of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association of Realtors. Keller Williams Success Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Success Realty, a broker participant of Central Panhandle Association of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Central Panhandle Association of Realtors. All rights reserved.