2420 E 2nd Plaza
Panama City, FL 32401
3
Bed
2
Bath
0.84Acre(Lot)
Investor special in Panama City! This 3 bed, 2 bath home features approx. 1,848 sq ft of indoor living space and sits on a spacious quadrouple lot with strong renovation, rental, or redevelopment potential. Property needs a full rehab and is best suited for an investor, builder, or buyer looking for a value-add project. Possible upside may include renovating the existing home, holding as a rental, or exploring lot-split/new construction potential. Buyer to verify zoning, land use, setbacks, utilities, permitting, measurements, and development options with city/county.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 6Roofing Information
Composition, Shingle -
Interior Features
Roof: Composition, Shingle -
Heating & Cooling
Has Heating: Yes Heating: ForcedAir Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1973Building Area Total: 1848Construction Materials: BrickStories: 1Patio And Porch Features: Open, PorchPrivate Pool: No
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Lot Information
Lot Dimensions: 205 x 179 Main Square Feet: 0.84 Lot Size Acres: 0.84 Lot Size Square Feet: 36,590Property Information
Subdivision: Holmes Add- Millville Source Property Type: Residential MLS Area Minor: 0202 - Bay - Central SE Property SubType: Single Family Residence Levels: One Property Age: 53
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Listing Price Information
Listing Price: $175000
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Tax Information
Parcel Number: 22896-000-000 Tax Year: 2025 Annual Tax: $2223 Tax Legal Desc: HOLMES ADD LOTS 1,2 BLK 10 ORB 390 P 170 MAP 105D4
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Garage Information
Has Garage: Yes
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School Information
Elementary School: Springfield Junior High School: Jinks Senior High School: Rutherford -
Utility Information
ElectricityAvailable, SewerAvailable -
Location Information
Direction: Drive northeast. Right to East 4th St. Right to 6th St/US 98 BUS. Continue on US 98 BUS. Right to Sherman Ave. Left to East 3rd St. Right to North Center Ave. Left to East 2nd Plaza.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6701 Yacht Club Drive, Panama City, FL, 32401 | $1,995,000 | 4 | 5 | -- | |
| Bayou Avenue, Panama City, FL, 32401 | $19,999 | -- | -- | -- | |
| 150 Bayou Avenue, Panama City, FL, 32401 | $299,900 | 3 | 2 | -- | |
| 403 Transmitter Road, Panama City, FL, 32401 | $199,000 | 3 | 2 | -- | |
| 301 Detroit Avenue, Panama City, FL, 32401 | $250,000 | 3 | 2 | -- | |
| 305 Detroit Avenue, Panama City, FL, 32401 | $250,000 | 3 | 2 | -- | |
| 3808 E 9th Street, Panama City, FL, 32401 | $179,900 | 3 | 2 | -- | |
| 411 Detroit Avenue, Panama City, FL, 32401 | $198,900 | 3 | 2 | -- | |
| 726 Detroit Avenue, Panama City, FL, 32401 | $599,000 | 9 | 6 | -- | |
| 3744 E 9th Street, Panama City, FL, 32401 | $179,900 | 2 | 2 | -- |
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ByOwner last updated this listing 07/10/2026 @ 08:11
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