Save money with this Fixer upper near the water in historic Panama City FL.

327 Spring Ave, Panama City, FL 32401

$71,000 After Repair Value -
$42,000 Asking Price -
$0 Cost of Repairs =
$29,000 Potential Profit

Property Details

Asking Price $42,000

After Repair Value $71,000

Costs of Repairs $0

Potential Profit $29,000

Living Area N/A

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

327 Spring Ave,
Panama City, FL 32401
Asking $42,000
(Selling Assignable Purchase Agreement)

Diamond in the rough – Millville

Located in a serene, historic Panama City neighborhood, this Spacious 3 bedroom, 1 bathroom with an open floor plan is convenient to major shopping, mall, hospitals & schools. Large lot with mature landscaping & room for a boat or RV; Less than ½ mile from beautiful Massalina Bayou boat launch.(Plenty Of Pictures Available)

Save Money By Doing The Work Yourself
Needs some TLC; has space to make the master suite or man cave of your dreams! The advantage of doing the work is you get to have it your way. You don’t have to live with someone else’s colors and finishes.

Don’t let this GEM pass you by…

Purchase Price: $42,000
Estimated Repair: $25,000
After Repair Value: $71,136
Potential rental income: $ 975/mo
Cash on Cash: 28.5%


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