3207 E 2nd Place, Panama City, FL 32401
Springfield · Bay County
Key Facts
Description
🔥 PRICE REPOSITIONED - EXCEPTIONAL OPPORTUNITY 🔥 Recently repositioned to a highly competitive price, this brand-new 3BR/2BA home offers exceptional value for both investors and first-time homebuyers. Price reflects one unit (half duplex). Whether for a primary residence or rental investment, this property delivers new construction quality at a price point rarely seen in today's market. Built with 2x6 exterior walls, 9-ft ceilings, and double-insulated 8-inch dividing walls for superior durability, efficiency, and sound control. Features include waterproof 12-mil LVP flooring, plywood cabinetry, quartz countertops, and modern fixtures. Fully sodded lot with concrete driveway (2 vehicles). Located near Tyndall AFB, schools, shopping, and beaches--ideal for both living and rental demand. Opportunities at this price point in new construction are extremely limited. Builder willing to consider incentives for multiple unit purchases. Easy to show.
Property Information
Property Type
Residential
Sub-Type
Duplex
Structure Type
Duplex
Year Built
2026
Living Area
902 sq ft
Lot Size
0.07 acres
Lot Dimensions
87.70x34.74
Days on Market
379
MLS® Listing#
772133
Property Features
Construction
Foundation
Sewer
Rooms
- Bedroom10.8 x 12.4First
- Kitchen14.8 x 7.8First
- Living Room16.8 x 14.6First
Schools
- Elementary:
- Cherry Street
- Middle:
- Rutherford Middle
- High:
- Rutherford
Financial Details
HOA
None
Parcel Number
23817-030-000
Directions
Directions from W 23rd Street to the Property on E 2nd Place, Panama City: Head east on W 23rd Street. Turn right onto US-231 S (also known as N Cove Blvd). Continue on US-231 S for about 2 miles. Turn left onto E 7th Street. Continue straight for about 0.5 mile, then turn right onto Sherman Avenue. Drive for approximately 0.7 miles, then turn left onto E 2nd Place.
Affordability Calculator
$36,580
Estimated monthly payment
$973/mo
Principal $146,320 · Est. interest $204,129 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City, FL
- $379,455
- Median Listing Price
- 103
- Median Days on Market
- 1,572
- Median Sq Ft
- $248
- Median Price / Sq Ft
- 6,141
- Active Listings
- This home’s price is 52% below the area median.
- Its price per sq ft is 18% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City, FL.
Location
Points of Interest in Panama City, FL
Showing the Panama City area map.
Nearby Schools
Margaret K Lewis School
School · 0.4 mi away
Springfield Elementary School
Elementary · 0.4 mi away
Everitt Middle School
School · 0.6 mi away
The Learning Factory
School · 0.6 mi away
Rutherford High School
Secondary · 1.1 mi away
Parker Elementary School
Elementary · 1.5 mi away
Cedar Grove Elementary School
Elementary · 1.6 mi away
Oscar Patterson Elementary Magnet
Elementary · 1.6 mi away
Merriam Cherry Street Elementary
Elementary · 1.6 mi away
C C Washington Academy
School · 1.7 mi away
Rosenwald High School
Secondary · 1.7 mi away
Rosenwald Middle School
School · 1.7 mi away
The Education Center of Panama City
School · 1.8 mi away
Eagle Nest Christian Academy
School · 1.9 mi away
Holy Nativity Episcopal School
School · 2.0 mi away
A D Harris Headstart
School · 2.1 mi away
Bay Regional Juvenile Detention Center
School · 2.4 mi away
Chautauqua Charter School
Secondary · 2.7 mi away
Bay High School
Secondary · 2.7 mi away
Callaway Elementary School
Elementary · 3.0 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Panama City
Listing Courtesy: CostaBella Real Estate, LLC - 8502769788