- MLS#: 775153 ( Residential )
- Street Address: 221 Baldwin Road
- Viewed: 16
- Price: $499,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1969
- Bldg sqft: 0
- Bedrooms: 4
- Total Baths: 2
- Full Baths: 2
- Garage / Parking Spaces: 5
- Days On Market: 34
- Additional Information
- Geolocation: 30.2037 / -85.6633
- County: BAY
- City: Panama City
- Zipcode: 32405
- Subdivision: Baldwin Heights
- Elementary School: Nortide
- Middle School: Jinks
- High School: Bay
- Provided by: Think Real Estate
- DMCA Notice
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DescriptionVersatile Property with Income Producing Apartment on 1 Acre in Panama CityLocated on a spacious 1 acre lot in unincorporated Bay County, this unique property offers incredible flexibility, comfort, and income potential. The main home features 4 bedrooms plus a bonus room/office, a 2 car garage with an oversized cubby ideal for a workshop, and stylish concrete and stainless steel kitchen countertops. A covered front porch provides the perfect outdoor space to relax. Key systems have been updated, including a metal roof (2019), HVAC (2019), and hot water heater (2018).A standout feature is the 800 sq ft, 1 bedroom/1 bath studio apartment located above a separate 3 car detached garage. The apartment has its own laundry area, private entrance, and separate septic system (replaced after Hurricane Michael). Currently rented for $1,500/month, it's ideal for offsetting your mortgage, hosting guests, or accommodating multigenerational living.Additional Features Include:Separate septic systems for the main house and apartment.Entire property is on well water.Metal roofs on both structures (2019).Single electric meter for both units.Front windows replaced after Hurricane Michael.Insurance is approximately $3,500/year for both structures.Located in unincorporated Panama City offering more flexibility and fewer restrictions.This is a rare opportunity to own a property that blends income potential, peace of mind, and functionality in a desirable, low restriction area just outside the city limits. Perfect for those seeking space, versatility, and value!
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
- Covered Spaces: 5.00
- Living Area: 1750.00
- Other Structures: SecondGarage
- Roof: Metal
- High School: Bay
- Middle School: Jinks
- School Elementary: Northside
- Garage Spaces: 5.00
- Open Parking Spaces: 0.00
- Parking Features: Attached, Garage, Oversized
- Pool Features: None
- Water Source: Well
- Carport Spaces: 0.00
- Heating: Central
- Road Frontage Type: CityStreet
- Sewer: SepticTank
- Utilities: SepticAvailable, WaterAvailable
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
- Appliances: ElectricCooktop, ElectricWaterHeater, Refrigerator
- Furnished: Unfurnished
- Interior Features: KitchenIsland
- Legal Description: 29 3S 14W -1.4- 91A ST ANDREWS BAY DEV CO PLAT BEG 920' E & 50' S OF NW COR LOT 4 FOR POB TH E ON BALDWIN ROAD 150' S 289.58' W 149.99' N 288.94' TO POB ORB 4413 P 1038
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 12993-000-000
- Style: Ranch
- The Range: 0.00
- Views: 16
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