Great investor opportunity!! Needs a little TLC. Sitting on over 1 acre in the heart of Panama City, this Florida Cottage is located in a quiet neighborhood. Enjoy Florida living from both of your all-seasons porches that span the entire front and back of the house. This home consists of 3 bedrooms and 1 bathroom and has new flooring throughout the home as well as new drywall installed. Interior walls and cabinetry have been removed to create an open floor layout in the home. The property can be divided into 4 lots, zoned R2, allowing for a maximum residential development capacity of 15 units, subject to final site plan approval and applicable City development requirements. The City has confirmed that the zoning permits both multifamily residential development and single-family homes. Close to Tyndall Air Force Base, great schools, shopping, and located just minutes from the bay and beaches. Call today to schedule a showing!
Listing courtesy of Hitchcock Real Estate LLC.