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6 Beds
3 Baths
2,133 sqft

$425,000

508 Seneca Avenue, Panama City FL, 32404

Price per sqft$199.25
Built in1978
Property size2,133 sqft
Property typeMulti-family

Overview

Active

Listed Nov 5, 2026

Updated 39h ago

Income producing rental property featuring 3 units near Tyndall Air Force Base! Units 1 & 2 are a duplex and Unit 3 is a detached single unit home. Each unit features 2 bedrooms and 1 bathroom. The duplex units have been updated throughout with LVP flooring in the living area, kitchen, and bedrooms. The eat-in kitchen features ample white shaker cabinets, black appliances, and access to the backyard. The updated bathroom features tile floors, shiplap walls, shelving, and a shower/tub combo. Each unit also has a separate outdoor laundry unit and the washer/dryers were recently replaced. The spacious backyard was updated with a new fence in 2024 as well as tree removal. All 3 units received a new AC unit in 2026. Each unit is on its own water/sewer/electrical meters. More updates to the property include: a new electrical panel for the duplex in 2023; a new sewer line and driveway to the duplex as well as a new main water line to Unit 3 in 2024; water shutoff valves were added to the laundry units for emergency shutoff and freezing temperatures in 2025 as well as new flooring and floor joists in Unit 3. The metal roofs were replaced in 2018 after Hurricane Michael. This property is located near schools, parks, shopping centers, and more! This investment opportunity is one you don't want to miss.

$2,828/mo

Est. mortgage payment based on a $425,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
797451

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.54 Acres

Other Property Details

Taxes
$4,325
Tax Frequency
Annually

 

Courtesy of Keller Williams Success Realty, Elite Group of Keller Williams,
Listing Contact: 850-867-1350 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Chris Jayne shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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