2420 E 2nd Plaza, Panama City, FL 32401

New Listing
$175,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,848 Lot Size (sq. ft.): 36,590 Status: Active
Current Price: $175,000 List Date: 7/09/2026 Last Modified: 7/09/2026

Overview

Description

Investor special in Panama City! This 3 bed, 2 bath home features approx. 1,848 sq ft of indoor living space and sits on a spacious quadrouple lot with strong renovation, rental, or redevelopment potential. Property needs a full rehab and is best suited for an investor, builder, or buyer looking for a value-add project. Possible upside may include renovating the existing home, holding as a rental, or exploring lot-split/new construction potential. Buyer to verify zoning, land use, setbacks, utilities, permitting, measurements, and development options with city/county.

Listing Details MLS# 792442

Contract Info

List Price/SqFt
94.7

Location

Area
02 – Bay County – Central
Street #
2420
Street Direction
E
Street Name
2nd
Street Suffix
Plaza
State
FL
Zip Code
32401
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
Holmes Add- Millville
Community/Resort
None
Waterfront
No
Parcel ID
22896-000-000
Elementary School
Springfield
Middle School
Jinks
High School
Rutherford
Directions
Drive northeast. Right to East 4th St. Right to 6th St/US 98 BUS. Continue on US 98 BUS. Right to Sherman Ave. Left to East 3rd St. Right to North Center Ave. Left to East 2nd Plaza.
Legal Description
HOLMES ADD LOTS 1,2 BLK 10 ORB 390 P 170 MAP 105D4

General Property Info

Sub-Type
Detached Single Family
Design
Ranch
Apx SqFt(Htd/Cooled)
1848
SqFt Source
Owner Measured
Full Baths
2
Total Baths
2
# of Stories in Building
Yes
Year Built
1973
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Lot Dimensions
205 x 179
Acreage
0.84
Lot Size (SqFt)
36590
Pool
No
Half Baths
0
Garage Spaces
0

Listing Info, Tax and Legal

HOA Fee
No
Senior Community
No
New Buyer Fee
No
Last Taxes
2223
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
Investor special in Panama City! This 3 bed, 2 bath home features approx. 1,848 sq ft of indoor living space and sits on a spacious quadrouple lot with strong renovation, rental, or redevelopment potential. Property needs a full rehab and is best suited for an investor, builder, or buyer looking for a value-add project. Possible upside may include renovating the existing home, holding as a rental, or exploring lot-split/new construction potential. Buyer to verify zoning, land use, setbacks, utilities, permitting, measurements, and development options with city/county.

Interior Features

Floor – Tile
Yes

More Information

Construction/Siding

Brick
Yes
Foundation – Slab on Grade
Yes
Roof – Composite Shngl
Yes

Exterior

Porch Open
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes
Other
Yes

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Rooms

Bedroom
Yes
Full Bathroom
Yes
Kitchen
Yes
Living Room
Yes

Utilities

Electricity – Availabile
Yes
Sewer Available
Yes
Public Water – Available
Yes

Full Bathroom

First
Yes

Bedroom

First
Yes

Cooling

Central Air
Yes

Heating

Forced Air
Yes

Property Features

Full Bathroom: First Bedroom: First Cooling: Central Air Heating: Forced Air Exterior: Porch Open Financing: Cash; Conventional; FHA; VA; Other Furnished: Unfurnished Kitchen: First Living Room: First Rooms: Bedroom; Full Bathroom; Kitchen; Living Room Utilities: Electricity – Availabile; Sewer Available; Public Water – Available

Room Information

Room Name Level Dimensions Length Width
Bedroom First 13 x 15 13.00 15.00
Bedroom First 15 x 13 15.00 13.00
Bedroom First 14 x 10 14.00 10.00
Full Bathroom First 8 x 7 8.00 7.00
Living Room First 14 x 23 14.00 23.00
Kitchen First 15 x 19 15.00 19.00
Listing Office: Beycome of Florida LLC
Last Updated: July – 09 – 2026
Information deemed reliable but not guaranteed.