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About This Home
This 2-bedroom, 1-bathroom single family at 931 Taylor Drive in Panama City, FL is listed for $109,900 ($106 per sqft). Built in 1978, the home offers 1,032 sqft of living space on a 0.18 acres lot.
STRONG POTENTIAL IN THIS INVESTOR HOME! Take a look at this 2BR/1BA home offering 1,032 sq ft that presents a standout opportunity for the savvy construction-based investor. This home is perfect for investors seeking a fix-and-hold rental, renovation project, or potential resale investment.
Situated on a generously sized lot in an area experiencing continued growth and new residential development, this property offers multiple exit strategies for the right buyer. Originally converted from a manufactured home, the property features a wood-burning fireplace, detached storage building/workshop, and fully paid-off solar panels -- providing immediate utility savings and added long-term value.
With renovation and repositioning, investors have the opportunity to capitalize on increasing area demand and improving neighborhood values. With the solar panel advantage, the current rental projection, ''as is'' should be between $800-$1000 per month, giving you a solid, immediate ROI.
The lot value is close to $30K and the new construction homes on the same street as the subject are selling between $225-$260K. Properties with existing infrastructure, large lots, and redevelopment potential at this price point are becoming increasingly difficult to find. Ideal for investors, contractors, or buyers looking to add value through strategic improvements. Price recently reduced. Seller says sell!
Key Features
- Built in 1978
- 0.18 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$588/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
931 Taylor Drive
Panama City, FL 32404
C A Taylor's 2nd Addition Calaway
Property Details
Construction
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 931 Taylor Drive is listed at $109,900 ($106/sqft). The estimated monthly payment is $476 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 0.18 acre lot, Fireplace.
This property is listed by Jessica J Albritton and can be reached at 8502584766 or jjalbritton@gmail.com.








