$230,000

1114 Mckenzie Avenue, Panama City, FL 32401

3 beds |
2 baths |
1,208 sqft

Single-Family Home
Built in 1949
6,970sqft lot
—— car garage
$190/sqft
Listed 3 days ago

Property Description

HOME AND GUEST HOUSE—A rare opportunity offering location, flexibility, and proven income potential. Less than five minutes from Harrison Avenue and Downtown Panama City, this dual-residence property is ideal for investors, Airbnb operators, or owner-occupants seeking supplemental rental income. The main home, constructed of durable concrete block, offers 2 bedrooms, 1 bathroom, and 768 sq ft of well-designed living space infused with historic charm and modern convenience. This residence underwent a comprehensive renovation in 2022, featuring upgraded LVP flooring, stainless steel appliances, granite countertops, modern cabinetry, updated lighting, full-size washer and dryer, new AC system, updated plumbing, and a new roof. It is sold fully furnished and completely turnkey and is currently operating as an income-producing rental, providing immediate revenue for the next owner. The detached guest house, built in 2023, offers 1 bedroom, 1 bathroom, and 440 sq ft with private alley access, giving guests or tenants a separate and convenient entry point. As a newer build, it provides clean, efficient living space and excellent rental appeal without the need for updates or renovations. With its prime central location and the ability to live in one home while renting the other or maximize returns with dual rental income, this property delivers exceptional versatility, long-term value, and a true turnkey opportunity for its next owner.

Listing Status:: Active
Date Added:: December 17, 2025 at 06:00AM
Listing Office:: Legacy Premier Agency : 850-468-2100
MLS ID:: 782737

Appliances: Electric OvenElectric Water Heater
Flooring: Luxury Vinyl Plank
A/C: Attic FanCentral Air
Heating: CentralElectric

General: Guest House
Style: Other
Other Structures: Guest House

Road/Access: City Street
Originating MLS: CPAR_CPAR
County: Bay

Zoning: PINE-LEA 2ND ADD LOT 9 ORB 4584 P 473 MAP 105B217575-000-000

Utilities: Electricity Available
Sewer: Public Sewer

Source: CPAR_CPAR

This listing courtesy of Legacy Premier Agency

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Palm Bay Elementary School

1104 Balboa Ave, Panama City, FL, 32401

Grades KG-5

1.05 miles away

Jinks Middle School

600 W 11th St, Panama City, FL, 32401

Grades 6-8

0.66 miles away

Bay High School

1200 Harrison Ave, Panama City, FL, 32401

Grades 9-12

0.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.