2505 W 21st St, Panama City, FL 32405

Welcome to 2505 W 21st Street, a well-maintained property located in the heart of Panama City, FL. This versatile home offers the perfect blend of comfort and investment potential—ideal for first-time homebuyers or investors looking to expand their portfolio. Originally a 3-bedroom, 1-bath home, the layout has been modified to convert one of the bedrooms into a spacious utility and laundry room, providing added convenience and practicality. The home now features two bedrooms and one full bathroom, with a comfortable and efficient floor plan. One of the standout features of this property is the detached 24x24 building located in the fenced backyard. Previously used as a small apartment, this fully functional space is ready for immediate occupancy and offers excellent income-producing potential. Whether you choose to rent it out for long-term tenants, host short-term guests, or use it as a private office, studio, or in-law suite, this bonus space adds significant value and flexibility to the property. The exterior of the home is equally inviting, featuring a fully fenced yard ideal for safety and outdoor entertaining. Enjoy peaceful afternoons in the enclosed back patio or relax by the small fountain pond that adds a touch of charm to the outdoor space. Centrally located, this home offers quick access to major roadways, shopping centers, restaurants, schools, and just a short drive to the white sandy beaches of Panama City Beach. Don't miss this unique opportunity to own a move-in ready property with built-in income potential and endless possibilities. Schedule your private showing today!