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Street View
$496,000
Monthly Est:$2,469
6 Beds
4 Baths4 full baths
2,914sqft
803 Oak Ave, Panama City, FL 32401
$496,000
$2,469/moEst:
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Triplex
Built in 1964
$-- HOA
0.37 acre lot
$170/sq.ft
Description
Investment Opportunity on 100x160 corner lot in Downtown Panama City!
This versatile property is divided into three separate units and offers excellent income potential. It is centrally located near downtown Panama City dining, and shopping. Situated on a large lot with a huge side yard, there's ample space potentially for expansion, additional amenities, or future development.
The property features:
• Unit 1: 2 bedrooms, 1 bath
• Unit 2: 1 bedroom, 1 bath
• Unit 3: 3 bedrooms, 2 baths
Seller says current rental income - Unit 1 renting for $1,500/month, Unit 3 for $2,000/month, and Unit 2 previously renting between $500-$700/month--bringing total potential income to over $4,000 per month.
Live in one unit and rent the others or maximize returns by leasing all three--flexibility makes this property ideal for both investors and owner-occupants.
Extensively updated in 2022, including new kitchens, bathrooms, flooring, roof, and more, this property is move-in ready and positioned for immediate cash flow.
All measurements are approximate and should be verified by buyer.
- Houzeo last checked: 12 hours ago
- Listing updated: October 1, 2026 at 4:28 am
- Listing Provided by: Beth Christie (850) 832-9417 DRE #3065345, Ramil Zartdinov (850) 819-1418 DRE #3315537 | Local Insight Realty (850) 832-9417
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 787848
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
2,914 sqft
Lot Size
0.37 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
787848
MLS Status
Active
Days on Market
189
Cumulative Days on Market
180
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Bedroom
Level: First
Area: 120.00 Square Feet
Dimensions: 10 x 12
Bedroom
Level: First
Area: 140.00 Square Feet
Dimensions: 10 x 14
LivingRoom
Level: First
Area: 169.00 Square Feet
Dimensions: 13 x 13
Bedroom
Level: First
Area: 220.00 Square Feet
Dimensions: 11 x 20
GreatRoom
Level: First
Area: 160.00 Square Feet
Dimensions: 16 x 10
Bedroom
Level: First
Area: 120.00 Square Feet
Dimensions: 12 x 10
Bedroom
Level: First
Area: 132.00 Square Feet
Dimensions: 12 x 11
Bedroom
Level: First
Area: 252.00 Square Feet
Dimensions: 18 x 14
DiningRoom
Level: First
Area: 136.00 Square Feet
Dimensions: 17 x 8
LivingRoom
Level: First
Area: 255.00 Square Feet
Dimensions: 17 x 15
Interior
Cooling
Central Air, Ductless
Exterior Features
Patio
Interior Features
Main Level Primary, Shower Only, Tub Shower
Heating
Central, Ductless, Electric
Appliances
Electric Range, Tankless Water Heater
Flooring
Plank, Vinyl
Construction
Year Built
Year Built: 1964
Home type
Triplex
Roof
Composition, Shingle
Architectural Style
Triplex
Construction Materials
Brick
Utilities & Energy
Utilities
Electricity Available, Sewer Available
Other Features
Community Features
Short Term Rental Allowed
Patio And Porch Features
Covered, Patio
Lot Features
Paved
Subdivision Name
Gulf Coast Dev Co Plat
Price History
| Date | Event | Price |
|---|---|---|
04/03/2026 Source: | Listed for Sale | $496,000 $170/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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