2122 Anne Avenue, Panama City, FL 32408

New Listing
$399,000
Property Type: Residential Bedrooms: 9 Baths: 6 Square Footage: 4,294 Lot Size (sq. ft.): 29,621 Status: Active
Current Price: $399,000 List Date: 8/16/2026 Last Modified: 8/16/2026

Overview

Description

**INVESTOR ALERT** This piece of property on the East end of the beach has so many options, making this perfect for your next investment! Almost .7 of an acre in the Upper Grand Lagoon area, with current Trailer Park land use, has five mobile homes on the property. Four are being rented to long term tenants under market value. The other could be remodeled or replaced because of the zoning. All are metered separately and pay their own electric and water. Leaving this property ”as is” gives strong cash-flow opportunity. This would also make a great development opportunity. Currently, it could be developed as two duplexes, or with a development order could be changed to multi-family. Please do not disturb tenants. All measurements/information are approximate. Buyer to do their own due diligence.

Listing Details MLS# 794136

Contract Info

List Price/SqFt
92.92

Location

Area
03 – Bay County – Beach
Street #
2122
Street Name
Anne
Street Suffix
Avenue
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Subdivision
Pines 3rd Add Replat
Community/Resort
None
Waterfront
No
Parcel ID
27761-000-000
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Directions
North on Anne Ave towards Hwy 98. Property will be on the right.
Legal Description
PINES 3RD ADD REPLAT LOTS 40, 41 BLK 5 ORB 3173 P 2023

General Property Info

Sub-Type
Multi Family
Design
N/A
Apx SqFt(Htd/Cooled)
4294
SqFt Source
Prop App Site
Full Baths
6
Total Baths
6
Accessory Dwelling Unit
No
Year Built
1980
Immediate Occupancy
No
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
150.0 ft x 190.0 ft
Acreage
0.68
Lot Size (SqFt)
29621
Pool
No

Listing Info, Tax and Legal

Homestead
No
HOA Fee
No
Is Subject Leased
Yes
Rent/Mo
3100
New Buyer Fee
No
Last Taxes
3257.02
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes
Township
Panama City Bea

Remarks & Misc

Remarks
**INVESTOR ALERT** This piece of property on the East end of the beach has so many options, making this perfect for your next investment! Almost .7 of an acre in the Upper Grand Lagoon area, with current Trailer Park land use, has five mobile homes on the property. Four are being rented to long term tenants under market value. The other could be remodeled or replaced because of the zoning. All are metered separately and pay their own electric and water. Leaving this property ''as is'' gives strong cash-flow opportunity. This would also make a great development opportunity. Currently, it could be developed as two duplexes, or with a development order could be changed to multi-family. Please do not disturb tenants. All measurements/information are approximate. Buyer to do their own due diligence.

Existing Leases

Month To Month
Yes

More Information

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Rooms

Bedroom
Yes
Full Bathroom
Yes
Kitchen
Yes
Office
Yes
Other
Yes

Utilities

Electricity – Connected
Yes
Public Water – Connected
Yes
Septic Tank
Yes

Full Bathroom

First
Yes

Bedroom

First
Yes

Property Features

Full Bathroom: First Bedroom: First Existing Leases: Month To Month Furnished: Unfurnished Kitchen: First Rooms: Bedroom; Full Bathroom; Kitchen; Office; Other Utilities: Electricity – Connected; Public Water – Connected; Septic Tank

Room Information

Room Name Level Dimensions Length Width
Kitchen First 20 x 12 20.00 12.00
Bedroom First 16 x 12 16.00 12.00
Full Bathroom First 8 x 8 8.00 8.00
Bedroom First 10 x 10 10.00 10.00
Other 0 x 0 0.00 0.00
Other 0 x 0 0.00 0.00
Office 0 x 0 0.00 0.00
Other 0 x 0 0.00 0.00
Other 0 x 0 0.00 0.00
Listing Office: SimpliHOM
Last Updated: August – 16 – 2026
Information deemed reliable but not guaranteed.