331 Maine Avenue
Panama City, FL 32401
4
Bed
2
Bath
0.34Acre(Lot)
HOT OPPORTUNITY FOR INCOME AND A BIG TAX BREAK, ALL IN ONE! Or enjoy the furnishings, appliances, decor, and accessories as an owner-occupant. EVERYTHING CONVEYS! This versatile property, once a 4 BR 2 BA, has been converted to a 2-unit rental property that is perfect for short- or mid-term rental income or as a single-family main house/mother-in-law suite arrangement. Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you're there! This property has been rented only on Furnished Finder and by word of mouth. Seller states income for 2025 was $28,710! WHY THIS PROPERTY IS AWESOME: --Multiple possibilities for living/renting - especially as workforce housing for travel nurses, military, contractors, and others --NEW METAL
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 4 -
Interior Features
Appliances: ElectricRange, ElectricWaterHeater -
Heating & Cooling
Has Heating: Yes Heating: Ductless, Electric Has Cooling: Yes Cooling: Ductless, WallUnits
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Building Information
Year Built: 1945Building Area Total: 1152Construction Materials: VinylSidingPatio And Porch Features: Covered, PorchPrivate Pool: No
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Lot Information
Lot Dimensions: 72.0 ft x 209.0 ft Main Square Feet: 0.34 Lot Size Acres: 0.34 Lot Size Square Feet: 15,028Property Information
Subdivision: Welch Add Source Property Type: Residential MLS Area Minor: 0202 - Bay - Central SE Zoning Description: Resid Single Family Property SubType: Single Family Residence Property Age: 81
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Listing Price Information
Listing Price: $249000
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Tax Information
Parcel Number: 22512-000-000 Tax Year: 2025 Annual Tax: $2457.3 Tax Legal Desc: WELCH ADD LOT 2 & N 20.5' OF LOT 3 BLK 5 ORB 4750 P 677
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School Information
Elementary School: Cherry Street Junior High School: Jinks Senior High School: Bay -
Utility Information
ElectricityAvailable -
Location Information
Direction: From Business 98 in Millville, turn south onto Maine Ave. Your client's next investment property or primary residence is on the right!
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 150 Bayou Avenue, Panama City, FL, 32401 | $289,900 | 3 | 2 | -- | 0.20 Acre |
| 1136 Transmitter Road, Panama City, FL, 32401 | $189,000 | 3 | 1 | -- | 0.20 Acre |
| 315 Bayou Avenue, Panama City, FL, 32401 | $179,500 | 3 | 2 | -- | 0.14 Acre |
| 320 Detroit Avenue, Panama City, FL, 32401 | $269,900 | 3 | 2 | -- | 0.12 Acre |
| 322 Detroit Avenue, Panama City, FL, 32401 | $269,900 | 3 | 2 | -- | 0.20 Acre |
| 726 Detroit Avenue, Panama City, FL, 32401 | $599,000 | 9 | 6 | -- | -- |
| 151 Harlem Avenue, Panama City, FL, 32401 | $225,000 | 3 | 2 | -- | 0.17 Acre |
| 208 Claire Avenue, Panama City, FL, 32401 | $199,000 | 2 | 1 | -- | 0.08 Acre |
| 511 Harlem Avenue, Panama City, FL, 32401 | $99,900 | 2 | 1 | -- | 0.31 Acre |
| 217 Claire Avenue, Panama City, FL, 32401 | $250,000 | 3 | 2 | -- | 0.59 Acre |
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ByOwner last updated this listing 09/25/2026 @ 03:00
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