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4002 West 17th Street

Panama City FL 32401

3
2
1652 sq. ft.
8712 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Investor opportunity in the St. Andrews area of Panama City. This 3-bedroom, 2-bath, one-story brick home is currently gutted and in the renovation process, but is being offered as-is and priced to sell. Located just two blocks from the bay, the property offers strong potential for a flip, rental, or long-term hold in a rapidly growing area near St. Andrews, downtown Panama City, dining, shopping, marinas, and the waterfront. With the right vision, this home has the potential to become a coastal-chic brick cottage with modern finishes, an open feel, and strong resale or rental appeal. Renovation has already begun, giving the next owner the opportunity to complete the project with their own design selections, layout preferences, and finish package. For investors or buyers planning to improve the property, certain renovation expenses may offer potential tax advantages depending on how the property is used, whether as a rental, investment property, or resale project. Buyers should consult their CPA or tax professional regarding possible deductions, depreciation, capital improvements, and other tax considerations. Great opportunity for an investor, builder, or buyer looking for a project with upside in a high-demand coastal market.

Features

3 bedrooms
2 bathrooms
1652 sq. ft. floor area
8712 sq. ft. lot size
Single-Family

Happy sellers in Panama City

89%
89% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Panama City over the last 12 months.

Local market activity for 3 bedroom single-family properties in Panama City

In the last 12 months, 156 three-bedroom single-family properties similar to 4002 West 17th Street, have been sold.

This represents a 17% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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