617 N 9th Plaza, Panama City, FL 32404

• 3 beds |
• 1 bath |
• 1,216 sqft

Property Description

Exceptional investment opportunity in the heart of Parker! Whether you're expanding your rental portfolio or securing a property with immediate income potential, this well-maintained home deserves a closer look. Major system updates provide added confidence, including a new water heater installed in February 2025 and an HVAC system replaced in 2018. Double-pane windows enhance efficiency, and the formal dining room adds functional living space that appeals to long-term tenants. The property is tenant-occupied with a lease in place through 12/15/2026, offering established rental income from day one. Location is a standout feature, approximately 5 miles (about 9 minutes) to Tyndall Air Force Base and just minutes to everyday conveniences, shopping, and dining. Enjoy close proximity to beloved local amenities including: • Parker Sports Complex, • Parker Environmental Exploratorium Park, • Under the Oaks Park, • Nearby boat ramps and fishing piers, This location supports both lifestyle appeal and rental stability, a combination investors consistently seek. Buyer to verify all measurements and information deemed important.

Listing Status:

Active

Date Added:

April 2, 2026

Data Last Updated:

April 4, 2026 at 2:16PM

Listing Office:

ERA Neubauer Real Estate Inc : 850-785-1551

MLS ID:

785417

Interior

• Appliances: Electric OvenElectric Water Heater
• A/C: Central AirCeiling Fan(s)
• Heating: Central

Exterior

• General: Patio
• Style: Other
• Other Structures: Patio

Construction

• General: BlockSlab

Location

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

Lot

• Zoning: LAKE DRIVE HEIGHTS LOT 2 BLK B ORB 4669 P 37525296-000-000
• Fencing: FencedPartial

Utilities

• Sewer: Public Sewer

Financial

• Source: CPAR_CPAR