3203 E 2nd Place, Panama City, FL 32401

$179,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 906 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $179,000 List Date: 5/14/2026 Last Modified: 5/28/2026

Overview

Description

Recently repositioned to a highly competitive price, this newly completed duplex unit offers exceptional value for both investors and first-time homebuyers. Price reflects one individual unit (one side of the duplex). Each unit has its own separate parcel, utilities, and individual ownership structure. Featuring 2 bedrooms, 2 bathrooms, plus a flexible bonus room ideal for an office, nursery, guest room, or small bedroom. Originally designed and built with long-term durability and low maintenance in mind, this property incorporates quality materials and construction standards well suited for both owner-occupants and rental investment purposes. Construction features include 2×6 exterior walls, 9-foot ceilings, and double-insulated 8-inch dividing walls for enhanced durability, energy efficiency, and sound reduction. Interior finishes include waterproof 12-mil LVP flooring, quartz countertops, plywood cabinetry, and modern fixtures throughout. The property also features

Listing Details MLS# 789895

Contract Info

List Price/SqFt
197.57

Location

Area
02 – Bay County – Central
Street #
3203
Street Direction
E
Street Name
2nd
Street Suffix
Place
State
FL
Zip Code
32401
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
Springfield
Community/Resort
None
Waterfront
No
Parcel ID
23817-010-000
Elementary School
Cherry Street
Middle School
Rutherford Middle
High School
Rutherford
Directions
Directions from W 23rd Street to the Property on E 2nd Place, Panama City: Head east on W 23rd Street. Turn right onto US-231 S (also known as N Cove Blvd). Continue on US-231 S for about 2 miles. Turn left onto E 7th Street. Continue straight for about 0.5 mile, then turn right onto Sherman Avenue. Drive for approximately 0.7 miles, then turn left onto E 2nd Place.
Legal Description
SPRINGFIELD PLAT THE E 35' OF THE W1/2 OF LOT 7 AND THE E 35' OF THE W1/2 OF THE S 34' OF LOT 8 BLK 5 ORB 4778 P 1600

General Property Info

Sub-Type
Attached Single Unit
Design
Duplex
Apx SqFt(Htd/Cooled)
906
SqFt Source
Builders Plans
Full Baths
2
Total Baths
2
Year Built
2026
Construction Status
Construction Complete
New Construction
Yes
Garage Y/N
No
Lot Dimensions
87.70×34.74
Acreage
0.07
Lot Size (SqFt)
3049
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
318
Last Tax Year
2025
Brokerage Interest
Ownership Interest – Listing Broker/Salesperson has ownership interest in the property.

Remarks & Misc

Remarks
Recently repositioned to a highly competitive price, this newly completed duplex unit offers exceptional value for both investors and first-time homebuyers. Price reflects one individual unit (one side of the duplex). Each unit has its own separate parcel, utilities, and individual ownership structure. Featuring 2 bedrooms, 2 bathrooms, plus a flexible bonus room ideal for an office, nursery, guest room, or small bedroom. Originally designed and built with long-term durability and low maintenance in mind, this property incorporates quality materials and construction standards well suited for both owner-occupants and rental investment purposes. Construction features include 2×6 exterior walls, 9-foot ceilings, and double-insulated 8-inch dividing walls for enhanced durability, energy efficiency, and sound reduction. Interior finishes include waterproof 12-mil LVP flooring, quartz countertops, plywood cabinetry, and modern fixtures throughout. The property also features a fully sodded yard and a concrete driveway with parking for 2 vehicles. Conveniently located near Tyndall AFB, shopping, schools, restaurants, and the beaches. All four units have recently entered the market. Contact listing agent for current availability and potential multi-unit purchase opportunities. Seller is motivated and willing to consider buyer incentives.

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Oven – Convection
Yes

More Information

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Rooms

Bedroom
Yes
Kitchen
Yes
Living Room
Yes

Utilities

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

Bedroom

First
Yes

Property Features

Appliances: Dishwasher; Disposal; Microwave; Oven – Convection Bedroom: First Furnished: Unfurnished Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name Level Dimensions Length Width
Bedroom First 10.8 x 12.4 10.80 12.40
Kitchen First 14.8 x 7.8 14.80 7.80
Living Room First 16.8 x 14.6 16.80 14.60
Listing Office: CostaBella Real Estate, LLC
Last Updated: May – 28 – 2026
Information deemed reliable but not guaranteed.