2605 Redwood Street
Panama City Beach, FL 32408
10
Bed
8
Bath
0.19Acre(Lot)
Start 2026 with a strong, stabilized income property at 2605 Redwood Street, a well-maintained duplex consisting of two separate buildings, each featuring two apartments for a total of four units. This turnkey asset is fully leased and positioned to deliver immediate and reliable cash flow. The property offers a desirable unit mix of spacious 3-bedroom and 2-bedroom apartments, each with 1½ bathrooms. All apartments have been renovated with new kitchen, new flooring throughout, and Energy saving appliances. appealing to long-term tenants and supporting consistent occupancy. All apartments have been recently renovated. Recent capital improvements significantly enhance the property's value and reduce near-term maintenance, including brand-new flooring throughout, A/C unit is less than 4 yea
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 8 Full Baths: 4 Half Baths: 4Room Information
Rooms Total: 10Roofing Information
Composition, Shingle -
Interior Features
Roof: Composition, ShingleAppliances: EnergyStarQualifiedAppliances, ElectricOven -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
-
Building Information
Year Built: 1978Building Area Total: 4432Construction Materials: Block, Concrete, VinylSidingPatio And Porch Features: PatioPrivate Pool: No -
Exterior Features
Exterior Features: Patio
-
Lot Information
Lot Dimensions: 32 X 34 Main Square Feet: 0.19 Lot Size Acres: 0.19 Lot Size Square Feet: 8,407 Lot Description: PavedProperty Information
Subdivision: Treasure Cove Source Property Type: Residential MLS Area Minor: 0319 - Beach - East Zoning Description: City Property SubType: Duplex Property Age: 48
-
Listing Price Information
Listing Price: $850000Original Price: $1010000
-
Tax Information
Parcel Number: 31054-000-000 Tax Year: 2025 Annual Tax: $4271 Tax Legal Desc: TREASURE COVE LOT 6 BLK 11 ORB 2074 P 941
-
Virtual Tour
Parking Information
NoGarage
-
School Information
Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold -
Location Information
Direction: Take US-98 West to Thomas Drive/Navy Blvd then Turn right onto E Hibiscus Ave, then Turn right onto Redwood Street, Duplex on the riht side.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2432 Valley Oak Court A&b, Panama City Beach, FL, 32408 | $475,000 | 4 | 4 | -- | |
| 2803 Lagoon Knoll #A, Panama City Beach, FL, 32408 | $299,900 | 2 | 2 | -- |
Similar Multifamily To 2605 Redwood Street
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 06/25/2026 @ 13:33
More Cities with for Sale by Owner Homes
- PANAMA CITY BEACH Homes For Sale By Owner
- Panama City Homes For Sale By Owner
- Lynn Haven Homes For Sale By Owner
- Inlet Beach Homes For Sale By Owner
- Southport Homes For Sale By Owner
- Youngstown Homes For Sale By Owner
- Vernon Homes For Sale By Owner
- Mexico Beach Homes For Sale By Owner
- Santa Rosa Beach Homes For Sale By Owner
- Fountain Homes For Sale By Owner
- Freeport Homes For Sale By Owner
- Kinard Homes For Sale By Owner
- Wewahitchka Homes For Sale By Owner
- Chipley Homes For Sale By Owner
- Port St Joe Homes For Sale By Owner
- Clarksville Homes For Sale By Owner
- Alford Homes For Sale By Owner
- Westville Homes For Sale By Owner
- Defuniak Springs Homes For Sale By Owner
- Ponce de Leon Homes For Sale By Owner
Homes around $850,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.