3638 Lane Road, Panama City, FL 32404

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List Price
$220,000
MLS#
796950
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Lot Size
8,712
Neighborhood
Bay - Central NE

Property Description

Looking for your next investment opportunity or a home with flexible living arrangements? This 3-bedroom, 2-bath property offers a unique floor plan and mixed-use zoning with possibilities worth exploring! Situated toward the rear of the lot, the existing home leaves much of the front portion open for potential future development. An extensive concrete parking area adds to the property's versatility. The home features two living areas, each with its own exterior entrance. The larger side includes 2 bedrooms, 1 bath, a living room, dining area, and full kitchen. The spacious primary suite features an oversized bathroom with a jetted tub, separate shower, and large walk-in closet. The smaller side offers a studio-style living area with its own entrance, full bathroom, and kitchenette. An interior connecting door provides flexibility for use as one residence or potentially two separate rental units. A laundry/utility area is located at the rear of the home. Additional features include covered front and rear patios, a fenced yard, and concrete parking. The roof was replaced in 2019. The property has a single electric meter, so utility arrangements would need to be considered for separate rentals. Mixed-use zoning may also offer opportunities for additional development, subject to applicable zoning, setbacks, parking, and permitting requirements. The home needs cosmetic improvements and is being sold AS IS. This could be your primary residence, rental investment, or property with future possibilities, this one is worth exploring! Buyer to verify permitted uses and development potential with the appropriate authorities. Roof 2019 | HWH 2024 | AC 2015 | Survey Available

Additional Information

Acres
0.20
Appliances
Gas Range, Gas Water Heater
Elementary School
Cedar Grove
High School
Bay
Interior Features
Soaking Tub, Tub Shower, Walk-In Closet(s)
Lot Dimensions
70.0 ft x 125.0 ft
Lot Features
Paved
Middle School
Merritt Brown
Neighborhood
Bay - Central NE
Project Facilities
Short Term Rental Allowed
Stories
1
Subdivision
No Named Subdivision
Utilities
Cable Connected, Sewer Available
Year Built
1996

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Calculator source: Real Geeks

Listing courtesy of Adventure Realty Group LLC.