336 Gray Ave Panama City, FL 32401
| Property Type | Detached Single Family |
| Status | Active |
| Price | $209,000 |
| Price Changed! | Down ($5,000) on 08/12/2025 |
| Waterfront | No |
| Water View | No |
| Approximate Acreage | 0.2660 |
| Days On Market | 64 |
| Heated & Cooled SqFt. | 1792 |
| Price Per SqFt. | Approx. $116.6 |
| SubArea | Bay County |
| Year Built | 1945 |
| Exterior Construction | Vinyl Siding |
| Bedrooms | 3 |
| Full Baths | 2 |
336 Gray Ave Panama City, FL 32401
Remarks - HOME FOR SALE at 336 Gray Ave Panama City, FL - INVESTOR SPECIAL â 2 DOORS, 1 PRICE, HUGE UPSIDE This Panama City property is a true value-add opportunity with multi-income potential. Sitting on a multi-family lot, you'll find a fully functional 3BR/2BA main home that's rent-readyâplus two additional detached structures to be converted into a separate living with a great workshop or storage area. Whether you're building out a rental portfolio or looking for a project with strong equity upside, this setup delivers. The main house features original hardwood floors, paneled walls, a tiled master bath, and all major appliances already in place. Solid bones and city utilities make renovation straightforward. Located in-town and minutes to shopping, schools, and employers, this is an ideal location for long-term tenants. Live in one, rent the other, or bring in steady cash flow from both. Two units. One lot. Endless potential.
Contact Us
Listing Provided by Beach Properties Real Estate Group - 8502272500
*Property information provided by Forgotten Coast REALTOR Association. 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. This data is deemed reliable but is not guaranteed accurate by the MLS.