Fixer Upper
4340 College Station, Panama City, FL
$ 1,600,000
Property Attributes
  • MLS#748408
  • TypeSingle Family
  • CountyBAY
  • CityPanama City
  • Area02 - Bay County - Central
  • Neighborhood[No Recorded Subdiv]
  • Zip32404
  • StyleMultiFamily
  • Year Built1972
  • Taxes$ 5725
  • Price$ 1,600,000
  • Bedrooms19
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage10000
  • Lot Size7.5 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Multi Family Investment Opportunity. Property consists of 6 Detached Single Family homes on approximately 7.5 acres of land in central Panama City, Florida. The property also includes additional lots to build more homes. There are currently 4 homes on College Station Rd. and 2 homes on private drive behind front 4 homes. This property is located right off Hwy 231 at the intersection E. Hwy 390 and Hwy 231. The neighborhood is only about 10 minutes to 23rd St shopping corridor. This is a great investment package for investors looking to increase their real estate portfolio. The property addresses included in the sale are 4347 College Station Rd, 4350 College Station Rd, 4400 College Station Rd, 4402 College Station Rd, 4403 College Station Rd. and 4415 College Station Rd. Current monthly rental income on 5 homes is $8,945. One of the homes (4403 College Station) needs repairs (interior gutted) and is not currently rented.

Elementary School Middle School High School
Tommy Smith Elementary School Merritt Brown Middle School Bay High School
Price History
10/26/2023 Listed $1,600,000

General Features

Interior Features RecessedLighting,SplitBedrooms
Sewer SepticTank
Heating Central,Electric
Cooling CentralAir,CeilingFans,Electric
Utilities CableAvailable,ElectricityAvailable,PhoneAvailable,SepticAvailable,WaterAvailable
Roof Composition,Shingle
Appliances Dishwasher,ElectricCooktop,ElectricOven,ElectricWaterHeater,Refrigerator
Garage Spaces 12.0
Year Built 1972
Property SubType MultiFamily
Tax Year 2022
Community Features ShortTermRentalAllowed
County Bay
Property Type Residential
HOA / Comm Assn No
Subdivision Name [No Recorded Subdiv]
Garage Y/N Yes
Building Features Dumpster
Special Listing Conditions ListedAsIs
Status Active
Directions From Hwy 231 and East Ave.,north on Hwy 231,turn right at light located at intersection of Hwy 231 and 390. Right on College Station Rd,homes on left
High School Bay
City Panama City
Zoning Description County,Horses Allowed,Resid Single Family
MLS Area 02 - Bay County - Central
Lot Size Square Feet 326700.0
Waterfront Y/N No
Listing Terms Cash,Conventional
Elementary School Tommy Smith
Tax Annual Amount 5725.0
Middle/Junior High School Merritt Brown
MLS Area Minor 0201 - Bay - Central NE
Days on Market 166
Standard Status Active
Occupancy Type Occupied
Property Sub Type Additional MultiFamily

Interior Features

Flooring Plank,Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features DoublePaneWindows
Full Baths 12
Laundry Features WasherHookup,DryerHookup
Total Bedrooms 19
LivingAreaSource Appraiser
Total Baths 12

Exterior Features

Parking Features Garage
Lot Features Cleared,InteriorLot
Water Source Well
Foundation Details Slab
Lot Dimensions 550 x 650
Lot Size Acres 7.5
Road Surface Type Dirt
Road Frontage Type CountyRoad


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32404

AVG $440K
AVG $2,173
AVG 81
Data Provided by Inside Real Estate®
Year Built
AVG 2006

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.