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2 Beds
2 Baths
796 sqft

$240,000

1347 Mercedes Avenue A-B, Panama City FL, 32401

Price per sqft$301.51
Built in2026
Property size796 sqft
Property typeMulti-family

Overview

Active

Listed Aug 25, 2026

Updated 8 days ago

INVESTORS WANTED -- BRAND-NEW INCOME-PRODUCING DUPLEX! Looking for an affordable way to add new construction to your rental portfolio? This brand-new duplex offers an excellent opportunity to generate cash flow with minimal maintenance. Convenient Panama City Location Located just one block off MLK Blvd near 15th Street, the property is close to shopping, employment, transportation, and everyday conveniences. The new MLK Recreation Center is just a stone's throw away, and a nearby bus stop is within easy walking distance. PROPERTY FEATURES • Brand-new construction • Two separate 1-bedroom / 1-bath units • Estimated rent of approximately $1,300 per month per unit • Approximately $2,600/month in combined projected rental income • Durable Hardie® siding • Quartz countertops • Luxury vinyl plank (LVP) flooring • Designed with low-maintenance rental ownership in mind The efficient 1-bedroom floor plans are ideal for singles, couples, retirees, or anyone looking for an attractive new home with manageable monthly expenses. EVEN MORE INCOME POTENTIAL One of the biggest advantages of this property is the opportunity to expand the rental income. The property has space for an additional accessory dwelling unit, and I already have a permitted plan available. For an additional fee, I can build the accessory unit for the buyer. The additional unit is projected to rent for approximately $1,300 per month, potentially increasing total gross rental income to approximately: $3,900 PER MONTH / $46,800 PER YEAR That gives an investor the opportunity to purchase the duplex today and add another income-producing unit without having to start the planning process from scratch. New construction. Low maintenance. Strong rental potential. Future expansion opportunity. Call or message me for pricing, additional property details, rental projections, or information on adding the third unit. Owner is the listing Agent Rental amounts are estimates only and are not guaranteed. Buyer should independently verify rental rates and investment performance.

$1,597/mo

Est. mortgage payment based on a $240,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
794521

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$128
Tax Frequency
Annually
New Construction
Yes

 

Courtesy of JC Real Estate Group, LLC., James Cameron,
Listing Contact: 770-560-6344 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Silvera Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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