Active

617 N 9th Plaza

Panama City, FL 32404

$182,500 $769/Mo

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Overview

Bed

Bath

0.24

Acre(Lot)

Description

Seller offering up to $12,000 toward roof replacement with reasonable offer! Quote available for review! 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 Tynda ll 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.

Property Details

Property Type : Residential

Price : $182,500

AD Id : 75463957

MLS Id : 785417

Beds : 3

Lot Size : 0.24 Acre

Year Built : 1957

County : Bay

Subdivision: Blue Lagoon Condo

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 1 Full Baths: 1

Room Information

Rooms Total: 6
Interior Features

MainLevelPrimary

Appliances: ElectricOven, ElectricWaterHeater
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir, CeilingFans

Building Information

Year Built: 1957

Building Area Total: 1216

Construction Materials: Block

Patio And Porch Features: Patio

Private Pool: No
Exterior Features

Exterior Features: Patio

Lot Information

Lot Dimensions: 75x138 Main Square Feet: 0.24 Lot Size Acres: 0.24 Lot Size Square Feet: 10,324 Lot Description: Paved

Property Information

Subdivision: Lake Drive Heights Source Property Type: Residential MLS Area Minor: 0202 - Bay - Central SE Zoning Description: Resid Single Family Property SubType: Single Family Residence Property Age: 69

Listing Price Information

Listing Price: $182500

Original Price: $183000

Tax Information

Parcel Number: 25296-000-000 Tax Year: 2025 Annual Tax: $1278 Tax Legal Desc: LAKE DRIVE HEIGHTS LOT 2 BLK B ORB 4669 P 375

School Information

Elementary School: Parker Junior High School: Rutherford Middle Senior High School: Rutherford
Location Information

Direction: From S Tyndall Pkwy (US-98 E). Turn right onto Boat Race Rd. Continue on E Business Highway 98. Turn right onto S Highway 22 A (SR-22A). Turn left onto Lake Dr. Turn right onto N 9th Plz.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
3600 Basal St, Panama City, FL, 32404	$303,790	3	2	--
TBD Plantation Drive, Panama City, FL, 32404	$699,000	--	--	--
9410 Pembrook Place, Panama City, FL, 32404	$278,500	3	2	--
9027 Crook Hollow Road, Panama City, FL, 32404	$523,000	3	3	--
9121 Crook Hollow Road, Panama City, FL, 32404	$259,900	3	2	--
10742 S Fork Loop, Panama City, FL, 32404	$194,900	3	2	--
13322 Airway Street, Panama City, FL, 32404	$578,124	3	3	--
13119 Airway Street, Panama City, FL, 32404	$799,000	4	3	--
1849 Mallard Drive, Panama City, FL, 32404	$195,000	3	2	--
1730 Mallard Drive #F, Panama City, FL, 32404	$125,000	2	2	--

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ByOwner last updated this listing 06/16/2026 @ 01:08

MLS: 785417 LISTED BY: Heather Neubauer, ERA Neubauer Real Estate Inc 850-785-1551 SOURCE: CPAR