2600 E 1st Plaza, Panama City, FL 32401

New Listing
$675,000
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 2,432 Lot Size (sq. ft.): 15,246 Status: Active
Current Price: $675,000 List Date: 8/31/2026 Last Modified: 8/31/2026

Overview

Description

Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence.

Listing Details MLS# 794807

Contract Info

List Price/SqFt
277.55

Location

Area
05 – Bay County – East
Street #
2600
Street Direction
E
Street Name
1st
Street Suffix
Plaza
State
FL
Zip Code
32401
County
Bay
Sub Area
0319 – Beach – East
Subdivision
Fairview
Community/Resort
None
Waterfront
No
Parcel ID
22987-000-000
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay
Directions
From 740 S Tyndall Pkwy (US-98 E). Turn right onto S Tyndall Pkwy. Turn right onto Boat Race Rd. Continue on E Business Highway 98 (US-98-BR). Continue on E Highway 98 (US-98-BR). Turn left onto Cherry St. Turn right onto N Everitt Ave. Turn left onto E 1st Ct.
Legal Description
FAIRVIEW PLAT MAP 105D4 LOTS 23,24 BLK A ORB 4481 P 1623

General Property Info

Sub-Type
Multi Family
Design
N/A
Apx SqFt(Htd/Cooled)
2432
SqFt Source
Prop App Site
Full Baths
6
Total Baths
6
# of Stories in Building
Yes
Accessory Dwelling Unit
No
Year Built
2023
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Driveway Spaces
6
Lot Dimensions
147.0 ft x 105.0 ft
Acreage
0.35
Lot Size (SqFt)
15246
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
5306.33
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence.

Furnished

Unfurnished
Yes

More Information

Parking Features

Assigned
Yes
Paved
Yes

Rooms

Bedroom
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Sale Type

As Is
Yes

Bedroom

First
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Property Features

Bedroom: First Cooling: Central Air Heating: Central Furnished: Unfurnished Parking Features: Assigned; Paved Rooms: Bedroom Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name Level Dimensions Length Width Remarks
Bedroom First 10 x 10 10.00 10.00 Approx. Verify if Important
Bedroom First 10 x 10 10.00 10.00 Approx. Verify if Important
Bedroom First 10 x 10 10.00 10.00 Approx. Verify if Important
Bedroom First 11 x 12 11.00 12.00 Approx. Verify if Important
Bedroom First 11 x 12 11.00 12.00 Approx. Verify if Important
Bedroom First 11 x 12 11.00 12.00 Approx. Verify if Important
Listing Office: ERA Neubauer Real Estate Inc
Last Updated: August – 31 – 2026
Information deemed reliable but not guaranteed.