1339 E Park Road R1-4, Panama City, FL 32404 (MLS# 794086)

1339 E Park Road R1-4, Panama City, FL 32404

New Listing

$400,000

3 Apartment Buildings, Great Investment!

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 3,000 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $400,000 List Date: 8/14/2026 Last Modified: 8/14/2026

Overview

Description

GREAT INVESTMENT OPPORTUNITY! This is 1 of 3 Apartment Buildings For Sale. There is Q1-4, R1-4 & S1-4. Other Parcel Numbers: 07238-006-000, 07238-003-000 Each building has 4 apartments 2/1.5 Bath about 750 sq. ft. each with total area of 3000 sq. ft. total. All 3 buildings have 12 total units, 9,000 sq ft total. $1,200,000 for all three buildings. Rental Income available and expenses. Vacancy is typically 90% and rent fast when turned over. Buyer and Buyers agent to verify all dimensions and anything deemed important.

Listing Details MLS# 794086

Contract Info

List Price/SqFt: 133.33

Location

Area: 02 – Bay County – Central
Street #: 1339
Street Direction: E
Street Name: Park
Street Suffix: Road
Unit #: R1-4
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: East Bay Park
Community/Resort: None
Waterfront: No
Parcel ID: 07238-006-000
Elementary School: Parker
Middle School: Rutherford Middle
High School: Rutherford
Directions: From Wal-Mart on the Highway 98 (Tyndall Parkway) travel east and turn left on Wallace. Turn right on Park and the 3- building complex will be on the right.
Legal Description: EAST BAY PARK BEG 100' S 355.73' W 187.23' NELY OF NE COR LOT 4 BLK A TH 108.34' NWLY 50' NELY 105.8 ' SELY 50.06' SWLY TO POB AKA PT LOT 21 ORB 3726 P 396 (21.7) (132C4) BLK A

General Property Info

Sub-Type: Multi Family
Design: N/A
Apx SqFt(Htd/Cooled): 3000
SqFt Source: Prop App Site
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
# of Stories in Building: 2
# of Units in Bldg: 4
Accessory Dwelling Unit: No
Year Built: 1985
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 50.0 ft x 107.0 ft
Acreage: 0.12
Lot Size (SqFt): 5227
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 1669.53
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: GREAT INVESTMENT OPPORTUNITY! This is 1 of 3 Apartment Buildings For Sale. There is Q1-4, R1-4 & S1-4. Other Parcel Numbers: 07238-006-000, 07238-003-000 Each building has 4 apartments 2/1.5 Bath about 750 sq. ft. each with total area of 3000 sq. ft. total. All 3 buildings have 12 total units, 9,000 sq ft total. $1,200,000 for all three buildings. Rental Income available and expenses. Vacancy is typically 90% and rent fast when turned over. Buyer and Buyers agent to verify all dimensions and anything deemed important.

Appliances

Dishwasher: Yes
Range – Electric: Yes
Range Hood: Yes
Refrigerator: Yes
Water Heater – Electric: Yes

More Information

Construction/Siding

Foundation – Slab on Grade: Yes
Wood/Frame: Yes
Roof – Dimensional Shg: Yes
Siding – Stucco: Yes
Trim – Wood: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Interior Lot: Yes
Sidewalk: Yes
Within 1/2 Mile to Water: Yes

Lot Access

City Street: Yes
Paved Road: Yes

Parking Features

Oversized: Yes
Paved: Yes
Shared Driveway: Yes

Present Zoning

Resid Multi-Family: Yes

Rooms

Bedroom: Yes
Full Bathroom: Yes
Kitchen: Yes
Living Room: Yes

Utilities

Electricity – Connected: Yes
Garbage: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Sale Type

As Is: Yes

Full Bathroom

First: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
Window Unit(s): Yes

Heating

Central: Yes
Electric: Yes

Property Features

Appliances: Dishwasher; Range – Electric; Range Hood; Refrigerator; Water Heater – Electric Full Bathroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric; Window Unit(s) Heating: Central; Electric Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Interior Lot; Sidewalk; Within 1/2 Mile to Water Lot Access: City Street; Paved Road Parking Features: Oversized; Paved; Shared Driveway Rooms: Bedroom; Full Bathroom; Kitchen; Living Room Sale Type: As Is Utilities: Electricity – Connected; Garbage; Public Sewer – Connected; Public Water – Connected Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width
Bedroom	First	10 x 12	10.00	12.00
Bedroom	First	10 x 12	10.00	12.00
Full Bathroom	First	8 x 5	8.00	5.00
Kitchen	First	10 x 6	10.00	6.00
Living Room	First	14 x 10	14.00	10.00

Listing Office: Anchor Realty Florida

Last Updated: August – 14 – 2026

Information deemed reliable but not guaranteed.