$74,950

$42/sq ft

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Overview

Bedroom

2

Bath

1

Year Built

1960

Sqft

1798

Property Type

Single Family Residence

Property Description

Under contract-accepting backup offers. 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 Details

MLS#

TB8493785

Address

1008 CYPRESS

City

Panama City

State/county

FL

Zip/Postal Code

32401

Area

Bayou

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,638

Maint Fee

$--

Tax Year

2025

Refrigerator

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Boris Gelfand