# 520 Maine Avenue, Panama City, FL 32401

> **TL;DR:** residential multi family, $350,999 ($74/sqft), built 1946, 4,768 sqft.
> A/C. Est. $1,521/mo. Listed 124 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $350,999 |
| Price/sqft | $74 |
| Square Feet | 4,768 |
| Year Built | 1946 |
| Lot Size | 13,939 sqft (0.32 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 124 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,521 |
| **Total** | **$1,521** |

## Nearby Schools

- **Elementary:** Cherry Street
- **Middle:** Jinks
- **High:** Bay

## Key Amenities

- A/C

## Property Highlights

- Built in 1946
- 0.32 acre lot
- 2 stories

## Description

### Agent Description
Looking to expand your real estate portfolio or jumpstart your journey as a landlord? This 5-unit multi-family property in Panama City offers steady cash flow and long-term value. partially rented / ready to lease (customize based on status) Low maintenance units - easy management Strong rental demand in the area Proximity to beaches, schools, and major employers Zoned for residential income-producing property Building 1 Type SFR AVERG Total Area 2,129 Heated Area 1,251 Exterior Walls AL SIDING Roof Cover ENG SHINGL Interior Walls DRYWALL Frame Type N/A Floor Cover CLAY TILE; CARPET Heat AIR DUCTED Air Conditioning CENTRAL Bathrooms 1 Bedrooms 3 Stories 1 Actual Year Built 1946 Building 2 Type 2 story apt. Total Area 1,643 Heated Area 1,346 Exterior Walls MINIMUM Roof Cover ENG SHINGL Interior Walls DRYWALL Frame Type N/A Floor Cover PINE WOOD Heat RAD ELEC Air Conditioning WINDOW Bathrooms 2 Bedrooms 4 Stories 2 Actual Year Built 1956 Building 3 Type DUPLEX Total Area 2,315 Heated Area 2,171 Exterior Walls ASB SHNGLE Roof Cover ENG SHINGL Interior Walls DRYWALL Frame Type N/A Floor Cover ASPH TILE Heat AIR DUCTED Air Conditioning CENTRAL Bathrooms 2 Bedrooms 3 Stories 1 Actual Year Built 1952

## Location

- **Address:** 520 Maine Avenue, Panama City, FL 32401
- **County:** Bay
- **Neighborhood:** [No Recorded Subdiv]
- **Coordinates:** 30.158281, -85.631753
- **Google Maps:** https://www.google.com/maps?q=30.158281,-85.631753

## Listing Agent

- **Name:** Will Pender
- **Brokerage:** Keller Williams Success Realty
- **Phone:** 8503583610
- **Email:** wilbertpender@kw.com

## Primary Photo

![520 Maine Avenue - Primary Photo](http://lh.rdcpix.com/12518f71abce13f4efe2e7ac15231b2cl-f1648907158r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/520-maine-avenue-panama-city-fl-32401-l784336)*

---

**MLS#:** 784336 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/520-maine-avenue-panama-city-fl-32401-l784336)

---

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