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    centralbayrealestate@gmail.com
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  • Central Bay Realty & Property Management
    732 Ohio Ave
    Lynn Haven, FL 32444
    (850) 257-5016
    centralbayrealstate@gmail.com

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      Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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      $449,000
      For Sale

      215 MacArthur Avenue

      Panama City, FL 32401
      3184 sqft | 7 beds | 4.00 baths | #988363
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      Browse 58 photos
      Type:Purchase
      Structure:House
      Zone:Residential

      Description

      This property will sell quickly because of the tremendous investment income. Downstairs 1 bedroom / 1 bathroom apartment can be rented for $1000 per month. The upstairs 2 bedroom / 1 bathroom apartment can be rented for $1850 per month. $2850 per month in potential rental income - enough to cover your mortgage - so you get to live in the main home which boasts 4 bedrooms / 2 bathrooms and a generous 1756 square feet and rent the 2 apartments. The entire property is a whopping 3184 square feet on a 1/3 acre. There is a pool in the backyard that serves as an anchor for both the main home and two apartments. Tenants will pay extra for this type of amenity. Or, utilize both or one of the apartments for a mother-in-law quarters.

      • Property Details
          • EnergyAC - Central Elect, Heat Cntrl Electric, Water Heater - Gas, Water Heater - Tnkls
          • Utility FeaturesElectric, Gas - Natural, Public Sewer, Public Water, TV Cable
          • AppliancesCooktop, Microwave, Stove/Oven Electric
          • Property SubtypeDetached Single Family
          • Property ConditionConstruction Complete
          • InteriorFloor Hardwood
          • Elementary SchoolCherry Street
          • StyleContemporary
          • Property TypePurchase
          • Square Feet3184.00
          • Lot Size105x140
          • MLS #988363
          • Cost449000
          • MLS #988363
          • Middle SchoolJinks
          • Bathrooms4.00
          • Year Built1945
          • SubdivisionCove
          • High SchoolBay
          • Bedrooms7
          • Pool1
          • Parking1
          • Parking Spaces2

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      Legal

      Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


      Last Updated: 10/29/2025 at 4:23 AM. Source: ECAR

      Provided By
      Listing Agent: Mike Herring (#E21940)
      Listing Office: Keller Williams Realty SRB (#EKW5)

      Bruce BushReal Estate Group
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