Pending

2004 Drummond Avenue #UNITS 2004 AND 2006

Panama City, FL 32405

$249,000 $1,049/Mo

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Overview

Bed

Bath

0.33

Acre(Lot)

Description

*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* *SELLER ONLY ACCEPTING CASH OFFERS* While previously under contract, this property had $3,300 worth of compliance repairs executed. This dual-unit duplex presents a straightforward investment opportunity for those looking to add a functional, high-occupancy asset to their portfolio. Both sides (2004 & 2006) feature a practical 2-bedroom, 1-bathroom layout and received a targeted interior refresh in December 2025. These updates include brand-new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the units are clean and move-in ready. Each kitchen is equipped with a stove and a brand-new refrigerator. Each unit includes its own dedicated carport, private front porch, and individual l aundry room with hookups; Unit 2006 also features a back door for easy yard access. This duplex includes a shed located in the backyard for extra storage. Location is a key highlight, as the property is conveniently nestled between Highway 98 and 23rd Street, just off Michigan Avenue. While Michigan Avenue is currently undergoing major water-main improvements, this infrastructure work promises significant long-term benefits for the area's value and utility. Situated on a low-traffic street in an established neighborhood, this property offers excellent flexibility for various investment strategies, as it can be purchased as a single parcel or as individual sides. Text listing agent for more information.

Property Details

Property Type : Residential

Price : $249,000

AD Id : 74597980

MLS Id : 784202

Beds : 4

Lot Size : 0.33 Acre

Year Built : 1960

County : Bay

Subdivision: Lee County Unincorporated

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 5

Roofing Information

Composition, Shingle
Interior Features

Roof: Composition, Shingle

Appliances: ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater
Heating & Cooling

Has Heating: Yes Heating: Central, Electric, HeatPump, SeparateMeters Has Cooling: Yes Cooling: CentralAir, CeilingFans, MultiUnits, SeparateMeters

Building Information

Year Built: 1960

Building Area Total: 1715

Construction Materials: Brick

Stories: 1

Patio And Porch Features: Covered, Open, Porch

Private Pool: No

Lot Information

Lot Dimensions: 100 x 146 Main Square Feet: 0.33 Lot Size Acres: 0.33 Lot Size Square Feet: 14,593 Lot Description: Paved

Property Information

Subdivision: [No Recorded Subdiv] Source Property Type: Residential MLS Area Minor: 0204 - Bay - Central NW Property SubType: Duplex Levels: One Property Age: 66

Listing Price Information

Listing Price: $249000

Original Price: $299999

Tax Information

Parcel Number: 27999-031-000 Tax Year: 2025 Annual Tax: $2376 Tax Legal Desc: 35 3S 15W 41A DRUMMOND & WARE COM AT NE COR OF SEC S 1106.10 W 33' TO W R/W OF MICHIGAN AV S 283.67' W 105.03' FOR POB TH S 146.14' TO N R/W OF DRUMMOND AV W 98.59' N 146.23' E 99.77' TO POB ORB 1430 P 689

Virtual Tour

Virtual Tour (External Link)

Parking Information

AlleyAccess

School Information

Elementary School: Lucille Moore Junior High School: Jinks Senior High School: Bay
Utility Information

ElectricityAvailable
Location Information

Direction: If coming from PCB: Cross the Hathaway Bridge heading east on US-98 E. Continue for 1.8 miles on US-98 E (W 15th St). Turn left onto Michigan Ave and drive for 0.8 miles. Turn left onto Drummond Avenue. This duplex is second house on the right.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
3407 Hillcrest Drive, Panama City, FL, 32405	$415,000	4	3	--
3334 Ten Acre Road, Panama City, FL, 32405	$299,999	4	2	--
2602 Glenview Avenue, Panama City, FL, 32405	$322,500	3	2	--
3214 Douglas Road, Panama City, FL, 32405	$195,000	3	2	--
3140 Douglas Road, Panama City, FL, 32405	$360,000	3	2	--
3512 Ormond Avenue, Panama City, FL, 32405	$380,000	3	2	--
3117 Debra Boulevard, Panama City, FL, 32405	$160,000	2	2	--
3112 Douglas Road, Panama City, FL, 32405	$346,500	3	2	--
3116 Douglas Road, Panama City, FL, 32405	$365,000	3	2	--
3109 E Orlando Road, Panama City, FL, 32405	$104,900	3	3	--

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ByOwner last updated this listing 06/07/2026 @ 05:40

MLS: 784202 LISTED BY: Rachel Hibbard, Golden Coast Real Estate LLC 850-687-4894 SOURCE: CPAR