3911 11th Street, Panama City, FL 32404
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Priced at Only: $499,000
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Address: 3911 11th Street, Panama City, FL 32404
Property Location and Similar Properties
- MLS#: 789143 ( Residential )
- Street Address: 3911 11th Street
- Viewed: 25
- Price: $499,000
- Price sqft: $62
- Waterfront: No
- Year Built: 1975
- Bldg sqft: 8104
- Bedrooms: 5
- Total Baths: 5
- Full Baths: 4
- 1/2 Baths: 1
- Days On Market: 12
- Additional Information
- Geolocation: 30.1679 / -85.6055
- County: BAY
- City: Panama City
- Zipcode: 32404
- Subdivision: No Named Subdivision
- Elementary School: Cedar Grove
- Middle School: Rutherford
- High School: Rutherford
- Provided by: Anchor Realty Florida
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DescriptionMassive Income Producing Opportunity or Multi Generational Estate in Panama City! Welcome to 3911 E 11th Street, an incredibly rare find offering nearly 8,000 square feet of living space with unmatched flexibility and income potential! This unique property currently features two separate living areas (apartments), plus an additional flex space (currently used as a dog grooming business) and a large indoor workshop area, making it ideal for investors, entrepreneurs, or multi generational living. With its layout and previous use, this property also has the potential to accommodate up to four separate units, offering even greater income producing possibilities. One of the most impressive features of this home is the solar panel system that conveys with the sale, dramatically reducing operating costs. The current owner reports electric bills for heating and cooling the entire home at around just $40/month, providing exceptional long term savings especially for a property of this size. Adding even more value, this property was previously zoned for commercial/residential use and may have the potential to be reverted back (buyer to verify with local authorities). This opens the door to a wide range of possibilities, including operating a business on site while maintaining 2 4 separate living areas, creating a true live/work income producing setup. The roof was replaced in 2019 and upgraded to meet newer code requirements, featuring High Temp Fire & Ice underlayment. With its expansive layout, multiple living quarters, versatile flex space, dedicated workshop area, and energy efficient features, this property is perfect for investors, entrepreneurs, or anyone needing space and flexibility. Conveniently located near shopping, dining, schools, Tyndall Air Force Base, and the beautiful Gulf Coast beaches, this property combines opportunity with location. Opportunities like this don't come around often, schedule your private showing today and explore the possibilities!
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Building and Construction
- Covered Spaces: 2.00
- Fencing: Fenced
- Living Area: 0.00
Land Information
- Lot Features: Paved
School Information
- High School: Rutherford
- Middle School: Rutherford Middle
- School Elementary: Cedar Grove
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: AdditionalParking
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, Ductless, VariesByUnit, WindowUnits
- Heating: Central, Ductless, Electric
- Road Frontage Type: CityStreet
- Sewer: PublicSewer
- Utilities: ElectricityAvailable, PhoneConnected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2025
- Trash Expense: 0.00
Other Features
- Accessibility Features: CustomizedWheelchairAccessible
- Legal Description: 1 4S 14W -104.14- 118A2 BEG 2686.67' N & 649' E OF SW COR TH N 150' E 196' S 150' W 196' TO POB ORB 4030 P 1913
- Levels: One
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 15029-062-000
- Style: Other
- The Range: 0.00
- Views: 25
Nearby Subdivisions
[no Recorded Subdiv]
Avondale Estates
Barrett's Park
Baxter Subdivision
Bay County Estates Unit 1
Bay Front Unit 6
Bayou Estates
Bayou Oaks North
Black Oak Ridge
Brentwoods Phase Iii
Bridge Harbor
Brighton Oaks
C A Taylor's 2nd Addition Cala
Callaway
Callaway Bayou Est
Callaway Bayou Estates Unit 2
Callaway Chase
Callaway Corners
Callaway Forest U-1
Callaway Forest U-2
Callaway Homes
Callaway Point
Callaway Shores U-1
Callaway Southeast
Cedar Park Ph I
Cherokee Heights
Cherokee Heights Phase Iii
Cherry Hill Unit 1
Cherry Hill Unit 2
College Station Phase 1
College Station Phase 2
College Station Phase 3
Colonial Est.
Creek Hollow Estates Unit
Deer Point Cove
Deerpoint Estates
Donalson Point
East Bay Park
East Bay Park 2nd Add
East Bay Preserve
Florida Hwy Estates N
Forest Shores
Fox Place Estates
Game Farm
Gilbert-pkr Add-pt Don
Grimes Callaway Bayou Est U-6
Harvey Heights
Hickory Park
Highpoint
Hiland Hills
Horne Memory Plat
Laird Point
Lake Drive Heights
Lake Drive Heights 1st
Lakewood Manor U-1 Rep
Lannie Rowe Lake Estates U-7
Lannie Rowe Lake Ests
Liberty
Lillian Carlisle Plat
Long Point Park 2nd Add
Maegan's Ridge
Magnolia Ridge
Manors Of Magnolia Hills
Mars Hill
Martin Bayou Estates
Mill Bayou Estates
Morningside
No Named Subdivision
Olde Towne Village
Park Place Phase 1
Parkbrook
Parker
Parker Plat
Pine Wood Grove
Pine Woods Add.
Pine Woods Dev Phase Ii
Pinewood Grove Unit 2
Pitts 1st Addto Parker
Plantation Heights
Plantation Point
Rachels Landing
Riverside Phase Ii
Riverside Phase Iii
Robins Court
Sandy Creek
Sandy Creek & Country Club Pha
Sandy Creek Air Park
Sandy Creek Ranch And Country
Sentinel Point
Shadow Bay Unit 2
Shadow Bay Unit 5
Springfield
St A B Dev Co
St And Bay Dev Co
Sunbay Townhouses
Sunrise At East Bay
Sweetwater Ph 6
Thousand Oaks
Titus Park
Towne & Country Lake Estates
Tyndall Station
Village Of Mill Bayou/shorelin
W H Parker
Waters Edge
Wh Parker
Woodmere
- Sara Oquendo, REALTOR ®
- Tropic Shores Realty
- Mobile: 352.428.8657
- saraoquendo1972@gmail.com