BEDS2
BATHS1 full
SQUARE FEET1,798
MLS#TB8493785
STATUS(Bank Owned) - Active
PROPERTY TYPEResidential - Single Family
SUBDIVISIONBAYOU
Property Description
Investor special in the heart of Panama City! This 2 bedroom, 1 bathroom single-family home offers a prime opportunity for renovation, rental income, or resale. Situated on a quiet street, the property features a functional layout with solid bones and plenty of potential to customize. Ideal for investors or buyers looking to create their own space, this home is being sold as-is and is ready for updates. With the right vision, this fixer-upper could be transformed into a charming primary residence or income-producing property. Conveniently located near downtown, shopping, dining, schools, and local amenities, this property offers both value and upside in a growing area. Panama City continues to see redevelopment and investment, making it attractive for both homeowners and investors. The area offers convenient access to Panama City Beach, Tyndall Air Force Base, and local marinas, while still maintaining a laid-back coastal lifestyle.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.13 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $1,638
Year Built: 1960
Amenities
Other
Other
Feature Descriptions
Appliances: Refrigerator
Days on Site: 17
Directions: Head toward Bonita Ave. Turn right onto Cypress Ave. Destination will be on the left
Exterior: Concrete, Stucco
Fireplace: Living Room
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Cork, Tile, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.13
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Combination Lock Box, ShowingTime
Special Sale Provisions: Real Estate Owned
Utilities: Other
Water: Public
Water Access Y/N: No
Zoning: RLD 1
Listed By / Shown By
Listed By
Agency Name: THE SHOP REAL ESTATE CO.
Agency Contact: 727-593-7777
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimate Your Payment
Estimated Payment
$ 557.28 per month $398.92 Principal & Interest $136.50 Property Tax $21.86 Homeowner's Insurance
1008 Cypress Avenue | MLS# TB8493785
This single family home located at 1008 Cypress Avenue, Panama City, FL 32401 is currently listed for sale with an asking price of $74,950. This property was built in 1960 and has 2 bedrooms and 1 full baths with 1798 sq. ft. Cypress Avenue is located in the BAYOU subdivision. Search BAYOU real estate on www.adamscameroncommercial.com today.