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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1341 E Park Road S1-4 , Panama City, FL 32404
$400,000
Est. Payment: $2,209.94/mo
1 Bath
3000 Sqft
0.12 Acres
Status: Active | Days on site: 8
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Harrison Lilly Team
Owner/Operator

House Description

SELLER PROVIDED APPRAISAL & SURVEY IN DOCUMENTS! GREAT INVESTMENT OPPORTUNITY! This is 1 of 3 Apartment Buildings For Sale. There is Q1-4, R1-4 & S1-4. Other Parcel Numbers: 07238-006-000, 07238-003-000 Each building has 4 apartments 2/1 Bath about 750 sq. ft. each with total area of 3000 sq. ft. total. All 3 buildings have 12 total units, 9,000 sq ft total. $1,200,000 for all three buildings. Rental Income available and expenses. Vacancy is typically 90% and rent fast when turned over. Buyer and Buyers agent to verify all dimensions and anything deemed important.

Highlights

Listed by Paul T LaCourse , 850-293-5389 Anchor Realty Florida , 850-899-7999. Bay County Association of REALTORS

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1985

County

Bay

Area

02 - Bay County - Central

Neighborhood

East Bay Park

Listing ID

794088

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Electric Range
Air Cond:Central Air,Ceiling Fan(s),Window Unit(s)
Fireplaces:

Exterior Features

Lot:Paved
Lot Dimensions:50.0 ft x 109.0 ft
Zoning:Resid Multi-Family
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved
Principal Interest
$2,210
Taxes
$140

Home Price

$400,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$80,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,209.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,209.94 $140.34 $0.00 $2,350.28
Yearly $26,519.31 $1,684.02 $0.00 $28,203.33
Total $795,579.26 $50,520.60 $0.00 $846,099.86

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:26:25.000Z

© 2026 Bay County Association of REALTORS