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1521 Louisiana Avenue
Panama City, FL 32405

$219,000

Beds: 3
Baths: 2
Sq. Ft.: 1,320
Type: House
Listing #972442
Duplex Investment Opportunity - Prime Panama City Location Exceptional rental investment featuring two concrete block homes situated on a spacious corner lot in the heart of Panama City. Both homes have been fully remodeled and feature newer metal roofs, offering low-maintenance durability. Whether you're an investor looking for immediate rental income or a buyer seeking long-term value, this property presents a solid opportunity. ? Unit 1521: 1 bedroom, 1 bathroom ? currently rented at $1,350/month annually contract into 7-1-25 ? Unit 1523: 2 bedrooms, 1 bathroom ? available for rent at $1,550/month
Property Features
Location Information
County: Bay
Sub Area: 2703 Bay Central SW
MLS Area: Bay County
Latitude: 30.176677
Longitude: -85.651615
Project Name/Subdivision: Coastal Lands 2nd Add
Directions: From Hwsy 231- Turn Left onto N Cove (HWY 77) Blvd/Martin Luther King Jr Blvd. Turn right/West onto E 17th St. Turn South/Left onto Louisiana Ave. The property is on the right.
Interior Features
Total Rooms: 5
Full Baths: 2
Exterior Features
Style: Other
Stories: 1
Lot Features: Corner
Lot Size in Acres: 0.32
Lot Size in Sq. Ft.: 13,939
Dimensions: 100' x 140'
Zoning: City
Condition: Construction Complete
Has Waterfront: No
Is One Story: Yes
School
Elementary School: Cedar Grove
Middle School: Jinks
High School: Bay
Additional Information
Property Type: SFR
Year Built: 1945
Status: Active
Tax Year: 2024
Tax Amount: $2,233.2


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of Destin Real Estate
© 2025 Emerald Coast Association of REALTORS®. All rights reserved.
Copyright 2025 Emerald Coast Association of REALTORS®. All rights reserved.
IDX 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. Information is Deemed Reliable, but is Not Guaranteed Accurate by the Emerald Coast Association of REALTORS® MLS. (iHomefinder, Inc Member Number 28165)
ECAR MLS data last updated at April 25, 2025, 3:26 PM CT