'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Spectacular WATERFRONT property nestled along Massalina Bayou offers effortless access to deep waters for fishing and memorable days at Shell Island! This fantastic opportunity includes the adjacent vacant corner lot at 403 E 4th St, which is ready for development. You'll have a generous 168.8 feet of combined water frontage, making it a waterfront dream.
Located just steps from the charming attractions of historic downtown Panama City, this quadriplex features one-bedroom, one-bathroom units with long-term tenants in place. While it requires some tender loving care, there's immense potential waiting to be unlocked.
The property boasts a brand-new roof installed in July 2020, ensuring solid protection. However, some interior updates are needed due to water damage incurred prior to the roof replacement. With its prime location and incredible possibilities, this property is an exciting prospect for savvy investors.
Sold for $365,000
$365,000
405 E 4th St, Panama City, FL 32401
4beds
2,080sqft
Quadruplex, Multi Family
Built in 1946
-- sqft lot
$412,900 Zestimate®
$175/sqft
$1,789 Estimated rent
Home value
$412,900
$372,000 - $467,000
$1,789/mo
Zestimate® history
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$2,367/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Nathan Lawrence 850-783-2302,
Keller Williams Success Realty
Bought with:
Mike G Turner, SL3481098
Beach Haven Realty
Source: CPAR,MLS#: 749082
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom, Full Bath
Bedroom
- Dimensions: 11 x 11
Bedroom
- Dimensions: 11 x 11
Bedroom
- Dimensions: 11 x 11
Bedroom
- Dimensions: 11 x 11
Other
- Dimensions: 5 x 6
Other
- Dimensions: 5 x 6
Other
- Dimensions: 5 x 6
Other
- Dimensions: 5 x 6
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
Interior area
- Total structure area: 2,080
- Total interior livable area: 2,080 sqft
Property
Features
- Fencing: Partial,Privacy
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bayou
Lot
- Size: 0.72 Acres
- Dimensions: 255 x 165 x 260 x 170
- Features: Paved
Details
- Additional structures: Workshop
- Parcel number: 20456000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Roof: Composition,Shingle
Condition
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Water Connected
Community & HOA
Community
- Features: Waterfront, Short Term Rental Allowed
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $175/sqft
- Annual tax amount: $1,972
- Date on market: 11/9/2023
- Cumulative days on market: 113 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2024 | Listing removed | -- |
Source:  CPAR #756960 Report a problem | ||
| 6/13/2024 | Listed for sale | $375,000$180/sqft |
Source: CPAR #756960 Report a problem | ||
| 5/31/2024 | Listing removed | -- |
Source: CPAR #756960 Report a problem | ||
| 5/10/2024 | Listed for sale | $375,000+2.7%$180/sqft |
Source: CPAR #756960 Report a problem | ||
| 3/15/2024 | Sold | $365,000-2.7%$175/sqft |
Source: CPAR #749082 Report a problem | ||
| 3/4/2024 | Pending sale | $375,000$180/sqft |
Source: CPAR #749082 Report a problem | ||
| 11/20/2023 | Contingent | $375,000$180/sqft |
Source: CPAR #749082 Report a problem | ||
| 11/9/2023 | Listed for sale | $375,000$180/sqft |
Source: CPAR #749082 Report a problem | ||
| 1/14/2021 | Listing removed | -- |
Source:  CPAR Report a problem | ||
| 7/21/2020 | Listed for sale | $375,000$180/sqft |
Source: Beachy Beach Real Estate #699913 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 32401
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- $86,3896,098 Square Feet403 E 4th St, Panama City, FL 32401Off Market
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Nearby schools
GreatSchools rating
- 5/10Merriam Cherry Street Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Cherry Street
- 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
- 32401
- 405 E 4th St
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