'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' INVESTMENT OPPORTUNITY with both short-term and long-term rentals allowed! Full of the charm and character you'd hope to find in a classic Florida cottage, this 2-bedroom, 1-bath home offers an opportunity that's just as appealing for its personality as it is for its potential. From the wood details and cottage-style touches throughout to the cozy, welcoming feel, this is a home that feels anything but cookie-cutter. Inside, you'll find a functional layout and a surprisingly spacious kitchen with ample cabinet space, while the screened-in back porch extends the living space outdoors. Beyond it is a HUGE backyard with plenty of room to create an outdoor entertaining area, fire pit, garden, or simply enjoy all that extra space. And then there's the location. HISTORIC ST. ANDREWS is LESS THAN 1 MILE away, putting some of Panama City's favorite local restaurants, coffee shops, boutiques, the marina, waterfront, and year-round community events just minutes from home. PANAMA CITY BEACH is also LESS THAN 3 MILES away, giving you easy access to the white sand beaches and beach living while still enjoying the character and local feel of Panama City. Whether you're looking for a short-term rental, long-term investment, primary residence, or a property that gives you flexibility for the future, this cottage brings together character, location, outdoor space, and investment potential in a way that's hard to find.