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** Professional Photos coming soon** Exceptional investment $183,000

617 N 9th Plaza, Panama City, FL 32404

3 br, 1.0 ba, 1957 1216 sf
Bay County
Ad #: 7283722

Home For Sale near Lake Martin

** Professional Photos coming soon** Exceptional investment opportunity in the heart of Parker! Whether you're expanding your rental portfolio or securing a property with immediate income potential, this well-maintained home deserves a closer look. Major system updates provide added confidence, including a new water heater installed in February 2025 and an HVAC system replaced in 2018. Double-pane windows enhance efficiency, and the formal dining room adds functional living space that appeals to long-term tenants. The property is tenant-occupied with a lease in place through 12/15/2026, offering established rental income from day one. Location is a standout feature, approximately 5 miles (about 9 minutes) to Tyndall Air Force Base and just minutes to everyday conveniences, shopping, and dining. Enjoy close proximity to beloved local amenities including: - Parker Sports Complex, - Parker Environmental Exploratorium Park, - Under the Oaks Park, - Nearby boat ramps and fishing piers, This location supports both lifestyle appeal and rental stability, a combination investors consistently seek. Buyer to verify all measurements and information deemed important.

Property Details

  • Beds: 3
  • Baths: 1.0
  • Sq Feet: 1216
  • Year Built: 1957
  • Location: Lake Martin
  • Acres: 0.240
  • County: Bay County
  • Community: Lake Drive Heights
  • Heat/AC: Central
  • Siding: Block
  • Roof:
  • Property Taxes: $1,278
  • MLS #: 785417

Location

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Contact Information:

Contact Agent
Listing Agent: Heather H Neubauer, Neubauer Real Estate, Inc. ERA, 850-774-2832, 850-785-1551 Listing Site, Listing Status: Active
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Panama City, Florida
Ad Number : 7283722
Viewed: 31 times
Added: Feb 17, 2026
Updated on: Feb 20, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.