3205 E 2nd Place, Panama City, FL 32401

$175,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 902 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $175,000 List Date: 4/08/2026 Last Modified: 6/03/2026

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# 788044

Contract Info

List Price/SqFt
194.01

Location

Area
02 – Bay County – Central
Street #
3205
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
23817-020-000
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 W 35' OF THE E1/2 OF LOT 7 AND THE W 35' OF THE E1/2 OF THE S 34' OF LOT 8 BLK 5 ORB 4899 P 357

General Property Info

Sub-Type
Attached Single Unit
Design
Duplex
Apx SqFt(Htd/Cooled)
902
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
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

Cooktop – Electric
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes

More Information

Construction/Siding

Foundation – Slab on Grade
Yes
Wood/Frame
Yes
Siding – Vinyl
Yes

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Rooms

Bedroom
Yes
Kitchen
Yes
Living Room
Yes

Utilities

Public Sewer – Connected
Yes
Public Water – Connected
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Microwave Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Furnished: Unfurnished Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room Utilities: 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: June – 03 – 2026
Information deemed reliable but not guaranteed.