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1416 N Gray Avenue

Panama City, FL 32401
  • $395,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 757097
New On Site 6 Days Ago
UPDATED: 147 min ago
$395,000
  • 3
    BEDS
  • 0.44
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,080
    SQFT
  • $190
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1958
County:
Bay

School Information

Elementary School:
Middle School:
High School:
Bay

Description

Explore the potential of this expansive property featuring two parcels and three versatile buildings! The primary residence boasts three bedrooms and two baths, offering ample space and comfort. Step into the foyer leading to a sprawling living room, complete with an exterior exit to the backyard. Ascend the wide staircase to discover a spacious master bedroom with a cozy sitting area, walk-in closet, and ensuite bath. The formal dining room and well-appointed kitchen, featuring a breakfast bar, island, and plenty of cabinets, await to cater to your culinary needs. Additionally, there are two sizable bedrooms, a full bath, and a convenient laundry room with rear access complete the main home.Adjacent to the main residence lies a second building currently utilized as a hair salon, equipped with a half bath and a utility room with a refrigerator , full-sized washer and dryer and storage. Both parcels are zoned R2, with the possibility of continuing salon operations, subject to Bay County Planning Department regulations.Consider the myriad of options available: reside in the main house while managing the salon, occupy the house and lease out the salon space, or transform the salon into a separate rental unit with minimal modifications. The flexible layout of the primary residence presents further opportunities for division, potentially creating two rental units with the addition of a kitchenette and laundry facilities.Completing this enticing package is a 35x11 workshop with power adjacent to the salon, offering endless possibilities for creative endeavors. Unleash your imagination, leverage your skills, and tailor this exceptional property to suit your vision and requirements.

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© 2024 Central Panhandle Association of Realtors MLS. 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 MLS or Rish Real Estate Group. Data last updated: 2024-05-21T11:04:32.583.
www.rishrealestategroup.com/homes/150504593
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1416 N Gray Avenue Panama City, FL 32401

  • Price: $395,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 147 min ago
  • MLS #: 757097
3
Beds
2
Baths
0
½ Baths
0.44
Acres
2,080
SQFT
$190
$/SQFT
1958
Built
Neighborhood:
No Named Subdivision
County:
Bay
Area:
Bay County-Central
Elementary School:
Cedar Grove
Middle School:
Mowat
High School:
Bay
Property Description
Explore the potential of this expansive property featuring two parcels and three versatile buildings! The primary residence boasts three bedrooms and two baths, offering ample space and comfort. Step into the foyer leading to a sprawling living room, complete with an exterior exit to the backyard. Ascend the wide staircase to discover a spacious master bedroom with a cozy sitting area, walk-in closet, and ensuite bath. The formal dining room and well-appointed kitchen, featuring a breakfast bar, island, and plenty of cabinets, await to cater to your culinary needs. Additionally, there are two sizable bedrooms, a full bath, and a convenient laundry room with rear access complete the main home.Adjacent to the main residence lies a second building currently utilized as a hair salon, equipped with a half bath and a utility room with a refrigerator , full-sized washer and dryer and storage. Both parcels are zoned R2, with the possibility of continuing salon operations, subject to Bay County Planning Department regulations.Consider the myriad of options available: reside in the main house while managing the salon, occupy the house and lease out the salon space, or transform the salon into a separate rental unit with minimal modifications. The flexible layout of the primary residence presents further opportunities for division, potentially creating two rental units with the addition of a kitchenette and laundry facilities.Completing this enticing package is a 35x11 workshop with power adjacent to the salon, offering endless possibilities for creative endeavors. Unleash your imagination, leverage your skills, and tailor this exceptional property to suit your vision and requirements.
Exterior Features

Architectural Style Traditional Carport YN Yes Construction Materials Stucco Covered Spaces 1 Foundation Details Slab Garage YN No Other Structures Outbuilding Workshop Road Surface Type Paved Roof Shingle

Interior Features

Appliances Dryer Dishwasher Electric Range Electric Water Heater Microwave Refrigerator Warming Drawer Washer Cooling Central Air Ceiling Fans Window Units Cooling YN Yes Flooring Carpet Laminate Plank Vinyl Furnished Unfurnished Heating Central Electric Heating YN Yes Interior Features Breakfast Bar Kitchen Island Entrance Foyer Workshop Laundry Features Washer Hookup Dryer Hookup Parking Features Attached Carport Additional Parking Carport Driveway Paved Rooms Workshop (First Level) Studio (First Level) Laundry (First Level) (First Level) Foyer (Other Level) Bedroom (First Level) Bedroom (First Level) Primary Bedroom (Second Level) Kitchen (First Level) Dining Room (First Level) Living Room (First Level) Window Features Some Window Treatments

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Conventional Lot Size Dimensions 190x100 Occupant Type Occupied Property Attached YN No Property Sub Type Detached Property Sub Type Additional Detached Single Family Residence Sewer Public Sewer Special Listing Conditions Listed As Is Tax Annual Amount 919 Tax Year 2023 Utilities Electricity Available Sewer Available Water Available Water Source Public Waterfront YN No Zoning Description County

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of ERA Neubauer Real Estate, Inc: (850) 872-3434. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 Central Panhandle Association of Realtors MLS. 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 MLS or Rish Real Estate Group. Data last updated: 2024-05-21T11:04:32.583.
 
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