Location
Agent Comments
Massive Income-Producing Opportunity or Multi-Generational Estate in Panama City! Welcome to 3911 E 11th Street, an incredibly rare find offering nearly 8,000 square feet of living space with unmatched flexibility and income potential! This unique property currently features two separate living areas (apartments), plus an additional flex space (currently used as a dog grooming business) and a large indoor workshop area, making it ideal for investors, entrepreneurs, or multi-generational living. One of the most impressive features of this home is the solar panel system that conveys with the sale, dramatically reducing operating costs. The current owner reports electric bills for heating and cooling the entire home at around just $40/month, providing exceptional long-term savings—especially for a property of this size. Adding even more value, this property was previously zoned for commercial/residential use and may have the potential to be reverted back (buyer to verify with local authorities). This opens the door to a wide range of possibilities, including operating a business on-site while maintaining 2–4 separate living areas, creating a true live/work income-producing setup. With its expansive layout, multiple living quarters, versatile flex space, dedicated workshop area, and energy-efficient features, this property is perfect for investors, entrepreneurs, or anyone needing space and flexibility. Conveniently located in Panama City, you'll enjoy easy access to shopping, dining, schools, Tyndall Air Force Base, and the beautiful Gulf Coast beaches. Opportunities like this don't come around often, schedule your private showing today and explore the possibilities! More Pictures to come soon! Current pictures only show one unit
Amenities
- See Remarks
Interior Features
- Heat System: Fireplace(s)
- Interior: Needs Work, See Remarks, Storage
Exterior Features
- Parking: Carport, Driveway, Guest
- Roof: Metal
- Pool: None
Additional Features
- Property Type: Detached Single Family
- Water/Sewer: Public
- Stories: 1
- Year Built: 1975