Investor's Opportunity! Duplex Rehab Project in Prime Panama City Location - Easy Access to Hwy 98 & 23rd St!
Solid 1955 four-sided cinderblock duplex with durable metal roof on slab foundation. Perfect for investors seeking a value-add project with strong rental potential in a convenient central location.
Property sold strictly AS-IS - in need of complete renovation. Cash buyers preferred; ideal for full rehab to capitalize on high demand for updated multi-family units.
Key features: Separate electric and water meters for each unit
Each side: 2 bedrooms, 1 full bath, living room, kitchen, and private chain-link fenced backyard area
Unit 1707: approx. 501 sq ft | Unit 1709: approx. 505 sq ft
Renovated 2-bed units in the area command premium rents - great upside for hold or flip!
All measurements approximate and not guaranteed.
Schedule your showing today and bring your vision!
Sold for $135,000
$135,000
1707 Calhoun Ave, Panama City, FL 32405
4beds
1,200sqft
Duplex, Multi Family
Built in 1955
-- sqft lot
$134,400 Zestimate®
$113/sqft
$1,491 Estimated rent
Home value
$134,400
$122,000 - $148,000
$1,491/mo
Zestimate® history
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$1,491/mo
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$941/mo
Est. payment
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$941/mo
Est. payment
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List your homeWhat's special
Durable metal roofSlab foundation
Zillow last checked:
Listing updated:
Listed by:
Mark Oberg 404-406-4887,
Berkshire Hathaway HomeServices Beach Properties of Florida
Bought with:
Mario Gobel, 0647660
RE/MAX SELECT Partners
Source: CPAR,MLS#: 782755
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Full Bath, Kitchen, Living Room, Storage Room
Bedroom
- Description: 1707 (Back of House)
- Level: First
- Dimensions: 9 x 9.16
Bedroom
- Description: 1707 (Front of House)
- Level: First
- Dimensions: 10.83 x 11.92
Bedroom
- Description: 1709 (Back of House)
- Level: First
- Dimensions: 9.42 x 8.66
Bedroom
- Description: 1709 (Front of House)
- Level: First
- Dimensions: 10.42 x 12.58
Other
- Description: 1707 (Tub/Shower Combo)
- Level: First
- Dimensions: 9 x 4.33
Other
- Description: 1709 (Tub/Shower Combo)
- Level: First
- Dimensions: 9.33 x 5.25
Kitchen
- Description: 1707 (Eat-in Kitchen)
- Level: First
- Dimensions: 10 x 9.25
Kitchen
- Description: 1709 (Eat-in Kitchen)
- Level: First
- Dimensions: 10 x 8.66
Living room
- Description: 1707
- Level: First
- Dimensions: 11 x 9.25
Living room
- Description: 1709
- Level: First
- Dimensions: 10.83 x 8.66
Storage room
- Description: 1707 (Backyard Shed)
- Level: First
- Dimensions: 9.2 x 9.25
Heating
- Other, See Remarks
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Electric Range
Features
- Storage
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: Unpaved
Features
- Fencing: Chain Link,Fenced
Lot
- Size: 9,179 Square Feet
- Dimensions: 67' x 137' x 67' x 137'
Details
- Additional structures: Shed(s)
- Parcel number: 29360000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Block, Concrete, Wood Frame
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Crestview
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $79,970
- Annual tax amount: $1,700
- Date on market: 12/17/2025
- Cumulative days on market: 1 day
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2026 | Sold | $135,000+0.1%$113/sqft |
Source:  CPAR #782755 Report a problem | ||
| 12/19/2025 | Pending sale | $134,900$112/sqft |
Source: CPAR #782755 Report a problem | ||
| 12/17/2025 | Listed for sale | $134,900$112/sqft |
Source: CPAR #782755 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,700 +31.5% | $64,576 +10% |
| 2023 | $1,293 +18.3% | $58,705 +10% |
| 2022 | $1,093 | $53,368 |
| 2021 | -- | -- |
| 2020 | $822 +38% | $38,084 +3.3% |
| 2019 | $596 | $36,855 -21.4% |
| 2018 | $596 | $46,898 +4.8% |
| 2017 | -- | $44,763 +1% |
| 2016 | -- | $44,310 +1.5% |
| 2015 | -- | $43,664 |
| 2014 | -- | $43,664 -4.3% |
| 2013 | -- | $45,604 +0.6% |
| 2012 | -- | $45,345 -10.4% |
| 2011 | -- | $50,628 -9.4% |
| 2010 | -- | $55,867 -1.9% |
| 2009 | -- | $56,967 -24.5% |
| 2008 | -- | $75,464 -12.5% |
| 2007 | -- | $86,201 +58% |
| 2006 | -- | $54,572 +52.1% |
| 2005 | -- | $35,885 +30.5% |
| 2004 | -- | $27,497 |
| 2003 | -- | $27,497 +4.6% |
| 2002 | -- | $26,298 |
| 2001 | -- | $26,298 +10.2% |
| 2000 | -- | $23,862 |
Find assessor info on the county website
Neighborhood: 32405
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Nearby schools
GreatSchools rating
- 4/10Lucille Moore Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Lucille Moore
- Middle: Jinks
- High: Bay
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Bay County
- Panama City
- 32405
- 1707 Calhoun Ave
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