Address: 2004 Drummond Avenue Units 2004, Panama City, FL 32405
Description
**Back on the market to no fault of the Seller. While under contract, had $3,300 worth of compliance repairs executed.** This dual unit duplex presents a straightforward investment opportunity for those looking to add a functional, high occupancy asset to their portfolio. Both sides (2004 & 2006) feature a practical 2 bedroom, 1 bathroom layout and received a targeted interior refresh in December 2025. These updates include brand new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the units are clean and move in ready. Each kitchen is equipped with a stove and a brand new refrigerator. Each unit includes its own dedicated carport, private front porch, and individual laundry room with hookups; Unit 2006 also features a back door for easy yard access. This duplex includes a shed located in the backyard for extra storage.
Location is a key highlight, as the property is conveniently nestled between Highway 98 and 23rd Street, just off Michigan Avenue. While Michigan Avenue is currently undergoing major water main improvements, this infrastructure work promises significant long term benefits for the area's value and utility. Situated on a low traffic street in an established neighborhood, this property offers excellent flexibility for various investment strategies, as it can be purchased as a single parcel or as individual sides. Text listing agent for more information.
**Back on the market to no fault of the Seller. While under contract, had $3,300 worth of compliance repairs executed.** This dual unit duplex presents a straightforward investment opportunity for those looking to add a functional, high occupancy asset to their portfolio. Both sides (2004 & 2006) feature a practical 2 bedroom, 1 bathroom layout and received a targeted interior refresh in December 2025. These updates include brand new LVP flooring throughout (except in bathroom), fresh neutral paint, and updated fixtures to ensure the units are clean and move in ready. Each kitchen is equipped with a stove and a brand new refrigerator. Each unit includes its own dedicated carport, private front porch, and individual laundry room with hookups; Unit 2006 also features a back door for easy yard access. This duplex includes a shed located in the backyard for extra storage.
Location is a key highlight, as the property is conveniently nestled between Highway 98 and 23rd Street, just off Michigan Avenue. While Michigan Avenue is currently undergoing major water main improvements, this infrastructure work promises significant long term benefits for the area's value and utility. Situated on a low traffic street in an established neighborhood, this property offers excellent flexibility for various investment strategies, as it can be purchased as a single parcel or as individual sides. Text listing agent for more information.
Legal Description: 35 3S 15W 41A DRUMMOND & WARE COM AT NE COR OF SEC S 1106.10 W 33' TO W R/W OF MICHIGAN AV S 283.67' W 105.03' FOR POB TH S 146.14' TO N R/W OF DRUMMOND AV W 98.59' N 146.23' E 99.77' TO POB ORB 1430 P 689
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