1521 Louisiana Avenue
Panama City, FL 32405
- 3 beds
- 2 baths
- 1,320 sqft
- 13,939 sqft lot
- $165 per sqft
- 1945 build
- – on site
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
Last checked:
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Last updated Apr 17, 2025
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MLS# 972442 —
The Building
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Year Built:1945
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Construction Materials:Block, Roof Metal
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Building Area Total:1320.0
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Building Area Source:County PA Records
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Architectural Style:Other
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Basement:None
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Stories:1
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Levels:None
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Foundation Details:None
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Patio And Porch Features:None
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Accessibility Features:None
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Security Features:None
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Direction Faces:None
Interior
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Rooms Total:5
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Flooring:None
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Buyer Financing:Conventional, FHA, VA
Location
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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.
The Property
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Property Type:Residential
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Property Subtype:Detached Single Family
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Property Condition:Construction Complete
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Property Attached:None
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Lot Features:Corner
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Lot Size Acres:0.32
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Lot Size Area:0.32
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Lot Size Dimensions:100' x 140'
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Lot Size SqFt:13939.2
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Lot Size Units:Acres
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Zoning:City
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Possible Use:None
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Parcel Number:14578-000-000
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Topography:None
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Waterfront:No
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Water Body Name:None
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Road Frontage Type:City Street
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Road Surface Type:Paved
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:2233.2
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Tax Legal Description:COAST, LAND 2ND ADD, LOTS 11,12 BLK D ORB 3046 P 2211 ORB 3129 P 343 MAP 104C3
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.0
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Total Baths:2
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Full Baths:2
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:No
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Cooling:No
Utilities
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Utilities:Electric, Gas - Propane, Public Sewer
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Electric:None
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Sewer:None
Schools
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Elementary School:Cedar Grove
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Elementary School District:None
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Middle Or Junior School:Jinks
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Middle Or Junior School District:None
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High School:Bay
The Community
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Subdivision Name:Coastal Lands 2nd Add
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Association:No
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Association Amenities:None
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Association Fee:None
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Pool Private:None
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Carport:false
Monthly cost estimate
Asking price
$219,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,172
|
| Taxes | $186 |
| Insurance | $60 |
| Utilities | $193 See report |
| Total | $1,611/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/28/25
Mar 28, 2025
|
Listed / Active | ECARMLS | $219,000 |
