Michael Hyde
    Michael Hyde
    (404) 234-5252michael@thehydegroup.com
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      michael@thehydegroup.com
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    • The Hyde Group
      1 Widget Drive
      Peachtree City, GA 30269
      (770)487-9997

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      The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.

      Central Panhandle Association of Realtors

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      $528,000
      For Sale

      1016 W 12th Street

      Panama City, FL 32401
      7 beds | 5 baths | 0.40 acres | #778925
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      70 photos
      Type:Purchase
      Structure:Townhouse
      Zone:Residential

      Description

      Dual-Home Family Retreat Near Beach Drive - Live, Rent, or Both! Discover the perfect blend of family living and investment potential in this rare dual-home property near Panama City's Beach Drive and St. Andrews. Ideal for multi-generational families, those needing a mother-in-law suite, or buyers seeking income flexibility, this property offers space, comfort, and opportunity in one. Property Features: Two Homes, One Lot: Separate addresses for privacy or rental income. Front Home: 5 bed, 3 bath, spacious living areas, granite kitchen, and modern upgrades. Back Home: 2 bed, 2 bath cottage — perfect for in-laws, guests, or tenants. Bonus Space: 200+ sq ft garage area ready for a home office, extra bedroom, or entertainment room. Updated & Ready: Post-Hurricane Michael roof, updated HVAC, new appliances, granite countertops, and irrigation system. Parking: Two-car garage with rear alley access for convenience. Investment & Lifestyle Flexibility: Live in one home and rent the other for added income. Use the back home as a mother-in-law suite or short-term rental. Convert the bonus space to boost rental value or expand family living. Prime Location: Steps from Beach Drive waterfront and St. Andrews dining and shops. Close to schools, library, and parks — perfect for families. Central location with easy access to work, shopping, and recreation. With 7 bedrooms, 5 baths, and move-in-ready upgrades, this versatile property suits both family living and long-term investment goals. Enjoy the flexibility to live, rent, or expand — all within minutes of Panama City's coastal charm. Schedule your showing today and explore the possibilities!

      • Property Details
          • Utility FeaturesCable Connected, Sewer Available
          • SubdivisionCaroline Add Unit 2
          • Sewer InformationPublic Sewer
          • Short SaleListed As Is
          • Elementary SchoolNorthside
          • Property TypePurchase
          • Original List Price$535,000
          • Cost528000.0
          • StyleDuplex
          • Taxes Annual$5,165
          • MLS #778925
          • Property SubtypeDuplex
          • MLS #778925
          • Structure TypeDuplex
          • Middle SchoolJinks
          • Year Built1969
          • Bathrooms5.0
          • Acres0.4
          • Parking Spaces2.0
          • High SchoolBay
          • CountyBay
          • Days on Market (Cumulative)105
          • Bedrooms7
          • Full Baths5

      Location

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      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Last Updated: Today at 2:57 AM. Source: CPAR

      Provided By
      Listing Agent: Joshua W Wade (#B10598)
      Listing Office: Think Real Estate (#TRE1)

      Michael HydeReal Estate Group
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