715 W 13th Street 12-13, Panama City, FL 32401 (MLS# 778152)

715 W 13th Street 12-13, Panama City, FL 32401

$249,995

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,320 Lot Size (sq. ft.): 4,182 Status: Active

Current Price: $249,995 List Date: 8/26/2025 Last Modified: 4/20/2026

Overview

Description

Investors Alert-Special! 715 W 13th St, Units 12-13 is the perfect opportunity for an investor to add a property to their portfolio. This duplex has established tenants already in place in Units 12 and 13. The rental income is high for the area. The occupied tenants pay $800 per month so income is $1600 currently but can be increased. These tenants may be willing to sign an extended lease. Lease amount can be much higher than $800 per month per the complex. Each side of the duplex are 2 bedrooms, 1 bath with 660 ft of living space. The building has a new metal roof, the units have new flooring, and there is ample parking. The duplex on the right, number 12, has just been updated and remodeled. Located in the heart of Panama City the location is perfectly situated near all that is needed for city living. Please verify all dimensions as deemed necessary.

Listing Details MLS# 778152

Contract Info

List Price/SqFt: 189.39

Location

Area: 02 – Bay County – Central
Street #: 715
Street Direction: W
Street Name: 13th
Street Suffix: Street
Unit #: 12-13
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 18149-000-000
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: From 15th St/Hwy 98 turn right on Balboa Ave. Turn left on 13th St Property is .3 miles down on the right. Units 12-13 are located in the back on the right side of the property.
Legal Description: 5 4S 14W -113- BEG 1290.50 N &792.5'E OF SW COR OF SE1/4 OF SW1/4 OF NW1/4 E 47.5' S 86' W 47.5' N 86' TO POB ORB 3693 P 1293

General Property Info

Sub-Type: Duplex Multi-Units
Design: Duplex
Apx SqFt(Htd/Cooled): 1320
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
# of Stories in Building: Yes
# of Units in Bldg: 2
Year Built: 1985
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 89 x 47
Acreage: 0.1
Lot Size (SqFt): 4182
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
Is Subject Leased: Yes
Rent/Mo: 1600
Lease Expiration Dt: 2025-09-30
New Buyer Fee: No
Last Taxes: 1599
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Investors Alert-Special! 715 W 13th St, Units 12-13 is the perfect opportunity for an investor to add a property to their portfolio. This duplex has established tenants already in place in Units 12 and 13. The rental income is high for the area. The occupied tenants pay $800 per month so income is $1600 currently but can be increased. These tenants may be willing to sign an extended lease. Lease amount can be much higher than $800 per month per the complex. Each side of the duplex are 2 bedrooms, 1 bath with 660 ft of living space. The building has a new metal roof, the units have new flooring, and there is ample parking. The duplex on the right, number 12, has just been updated and remodeled. Located in the heart of Panama City the location is perfectly situated near all that is needed for city living. Please verify all dimensions as deemed necessary.

Appliances

Cooktop – Electric: Yes
Microwave: Yes
Oven – Electric: Yes
Refrigerator: Yes

More Information

Interior Features

Floor – Tile: Yes

Construction/Siding

Roof – Metal: Yes
Siding – Stucco: Yes

Existing Leases

0 – 6 Months: Yes
Month To Month: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Access

City Street: Yes

Parking Features

Additional Parking: Yes
Unpaved: Yes

Present Zoning

Resid Multi-Family: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Utilities

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

Sale Type

As Is: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Property Features

Appliances: Cooktop – Electric; Microwave; Oven – Electric; Refrigerator Master Bedroom: First Bedroom: First Cooling: Central Air; Electric Heating: Central; Electric Existing Leases: 0 – 6 Months; Month To Month Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Living Room: First Lot Access: City Street Parking Features: Additional Parking; Unpaved Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	13.5 x 11.5	13.50	11.50
Bedroom	First	12 x 8	12.00	8.00
Kitchen	First	7 x 6	7.00	6.00
Living Room	First	16 x 12	16.00	12.00

Listing Office: Coastal Palms Real Estate

Last Updated: April – 20 – 2026

Information deemed reliable but not guaranteed.