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331 Maine Avenue, Panama City 32401 (Active)
Listing Information
| Property Type: Detached Single Family |
| MLS #: | 995011 | Price: | $237,500.00 | Year Built: | 1945 | Square Feet: | 1152 | Bedrooms: | 4 | Bathrooms: | 2 Full |
| HOA Fees: | Not available | Lot Size: | 0.35 acres | Lot Dimensions: | 75x200 |
Subdivision: Welch Addn
Description:
*****UNDER CONTRACT. SELLER WILL CONSIDER TAKING BACKUP OFFERS.*****HOT OPPORTUNITY FOR INCOME AND A BIG TAX BREAK, ALL IN ONE! Or enjoy the furnishings, appliances, decor, and accessories as an owner-occupant. EVERYTHING CONVEYS!This property, once a 4 BR 2 BA, has been converted to a 2-unit rental property, perfect for short- or mid-term rental income or a single-family main house/mother-in-law suite arrangement. This property has been rented only on Furnished Finder and by word of mouth. Income for 2025 was $28,710!Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you`re there.
Photos
Features
Construction/Siding: Siding Vinyl
Exterior Features: Fenced Lot-Part, Porch
Interior Features: Furnished - All, Split Bedroom, Window Treatment All
Appliances: Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
Utilities: Electric, Public Sewer, Public Water
Energy: AC - Window/Wall, Ceiling Fans
Financing: Conventional
Lot/Parcel Access: City Road
Lot Features: Within 1/2 Mile to Water
Zoning: Resid Single Family
Schools
| Elementary School: | Cherry Street | Middle School: | Jinks | High School: | Bay |
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This listing provided courtesy of EXP Realty LLC.
This information was last updated on 2/17/2026 10:21:52 AM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2026. All rights reserved.
