Address
726 Detroit Avenue, Panama City, FL
Price
$ 599,000
Property Attributes
- MLS#790460
- TypeMulti-Family
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodNo Named Subdivision
- Zip32401
- Style
- Year Built2023
- Taxes$ 2653
- Price$ 599,000
- Bedrooms9
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage3891
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Excellent investment opportunity to own a fully occupied triplex generating immediate rental income. Each of the three units offers approximately 1,300 square feet and features 3 bedrooms and 2 full bathrooms. Units include private driveways, individual backyard spaces, galley-style kitchens, and open living areas. Functional floor plans provide comfortable living arrangements that appeal to long-term tenants.
| Elementary School | Middle School | High School |
|---|---|---|
| Parker Elementary School | Rutherford Middle Middle School | Rutherford High School |
| Price History | |
|---|---|
| 5/27/2026 | Listed $615,000 |
| 6/6/2026 | 3$599,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Property Subtype | Triplex |
| Tax Year | 2025 |
| Community Features | ShortTermRentalAllowed |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | No Named Subdivision |
| Status | Active |
| Directions | On Detroit Avenue |
| High School | Rutherford |
| City | Panama City |
| MLS Area | 02 - Bay County - Central |
| Elementary School | Parker |
| Tax Annual Amount | 2653 |
| Middle/Junior High School | Rutherford Middle |
| MLS Area Minor | 0202 - Bay - Central SE |
| Standard Status | Active |
| Property Sub Type Additional | Triplex |
| Occupancy Type | Occupied |
| Year Built | 2023 |
| Garage Y/N | false |
| Total Rooms | 9 |
| Full Baths | 6 |
| New Construction | false |
Interior Features
| Total Baths | 6 |
|---|---|
| Interior Amenities | MainLevelPrimary |
| Furnished Units | None |
| Total Bedrooms | 9 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Dimensions | 100x99 |
|---|---|
| Building Area Total | 3891 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 32401
Price
Taxes
Year Built
In The Neighborhood
Just Listed
Panama City
$ 285,000
128 Central Avenue
Panama City, FL 32401
- Type
- Multi-Family
- Size
- 1,732 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City
$ 499,000
7300 Sunset Avenue A & B
Panama City, FL 32408
- Type
- Multi-Family
- Size
- 1,896 SqFt
- Rooms
- 4 Beds + 2 Baths
Panama City
$ 350,000
314 & 316 Bayou Avenue
Panama City, FL 32401
- Type
- Multi-Family
- Size
- 2,438 SqFt
- Rooms
- 6 Beds + 4 Baths
Panama City
$ 1,797,000
1623 N James Avenue
Panama City, FL 32405
- Type
- Multi-Family
- Size
- 11,664 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Port St Joe
$ 449,000
509 8th Street
Port St Joe, FL 32456
- Type
- Multi-Family
- Size
- 1,914 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City Beach
$ 745,000
133 Gwyn Drive
Panama City Beach, FL 32408
- Type
- Multi-Family
- Size
- 3,732 SqFt
- Rooms
- 8 Beds + 8 Baths
Port St Joe
$ 329,000
8201 Pelican Walk Lane
Port St Joe, FL 32456
- Type
- Multi-Family
- Size
- 800 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Panama City
$ 2,185,000
5237 Thomas Drive A & B
Panama City, FL 32408
- Type
- Multi-Family
- Size
- 5,156 SqFt
- Rooms
- 10 Beds + 9 Baths
Panama City
$ 499,000
1512 Kraft Avenue
Panama City, FL 32405
- Type
- Multi-Family
- Size
- 4,104 SqFt
- Rooms
- 8 Beds + 8 Baths
Port St Joe
$ 589,900
605 10th Street
Port St Joe, FL 32456
- Type
- Multi-Family
- Size
- 2,825 SqFt
- Rooms
- 5 Beds + 4 Baths
Marianna
$ 209,999
4305 Lafayette Street
Marianna, FL 32446
- Type
- Multi-Family
- Size
- 2,076 SqFt
- Rooms
- 5 Beds + 3 Baths
Mexico Beach
$ 689,900
717 Fortner Avenue
Mexico Beach, FL 32456
- Type
- Multi-Family
- Size
- 2,218 SqFt
- Rooms
- 4 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
