803 Oak Avenue
Panama City, FL 32401
6
Bed
4
Bath
0.37Acre(Lot)
Investment Opportunity on 100x160 corner lot in Downtown Panama City! This versatile property is divided into three separate units and offers excellent income potential. It is centrally located near downtown Panama City dining, and shopping. Situated on a large lot with a huge side yard, there's ample space potentially for expansion, additional amenities, or future development. The property features: • Unit 1: 2 bedrooms, 1 bath • Unit 2: 1 bedroom, 1 bath • Unit 3: 3 bedrooms, 2 baths Seller says current rental income - Unit 1 renting for $1,500/month, Unit 3 for $2,000/month, and Unit 2 previously renting between $500-$700/month--bringing total potential income to over $4,000 per month. Live in one unit and rent the others or maximize returns by leasing all three--flexibility m
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 10Roofing Information
Composition, Shingle -
Interior Features
Roof: Composition, ShingleAppliances: ElectricRange, TanklessWaterHeater -
Heating & Cooling
Has Heating: Yes Heating: Central, Ductless, Electric Has Cooling: Yes Cooling: CentralAir, Ductless
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Building Information
Year Built: 1964Building Area Total: 2914Construction Materials: BrickStories: 1Patio And Porch Features: Covered, PatioPrivate Pool: No -
Exterior Features
Exterior Features: Patio
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Lot Information
Lot Dimensions: 100x160 Main Square Feet: 0.37 Lot Size Acres: 0.37 Lot Size Square Feet: 15,987 Lot Description: PavedProperty Information
Subdivision: Gulf Coast Dev Co Plat Source Property Type: Residential MLS Area Minor: 0203 - Bay - Central SW Property SubType: Triplex Levels: One Property Age: 62
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Listing Price Information
Listing Price: $496000
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Tax Information
Parcel Number: 19998-010-000 Tax Legal Desc: GULF COAST DEV PLAT LOTS 11 & 12 BLK 43 MAP 92A4 ORB 4550 P 1447
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School Information
Elementary School: Cherry Street Junior High School: Jinks Senior High School: Bay -
Utility Information
ElectricityAvailable, SewerAvailable -
Location Information
Direction: South on Jenks Ave, Right on 8th Street, this property is located on the corner of Oak and 8th St. Enter house from 8th Street not Oak
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 | -- | |
| 112 Bayou Avenue, Panama City, FL, 32401 | $35,000 | -- | -- | -- | |
| 148 Bayou Avenue, Panama City, FL, 32401 | $306,997 | 3 | 3 | -- | |
| Bayou Avenue, Panama City, FL, 32401 | $19,999 | -- | -- | -- | |
| 150 Bayou Avenue, Panama City, FL, 32401 | $304,900 | 3 | 2 | -- | |
| 403 Transmitter Road, Panama City, FL, 32401 | $199,900 | 3 | 2 | -- | |
| 301 Detroit Avenue, Panama City, FL, 32401 | $267,500 | 3 | 2 | -- | |
| 305 Detroit Avenue, Panama City, FL, 32401 | $299,900 | 3 | 2 | -- | |
| 3808 E 9th Street, Panama City, FL, 32401 | $189,900 | 3 | 2 | -- | |
| 136 Harlem Avenue, Panama City, FL, 32401 | $225,000 | 3 | 2 | -- |
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ByOwner last updated this listing 06/12/2026 @ 10:49
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