1008 Cypress Avenue, Panama City, FL 32401

$54,000
2
BD
1
BA
1,798
SqFt

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Sold Price
$54,000
List Price
$74,950
Closing Date
May 29, 2026
MLS#
TB8493785
Type
Single Family Residential
Property Style
Single Family
Bedrooms
2
Bathrooms
1
Living Area
1,798
Lot Size
5,576
Subdivision
Bayou
Year Built
1960

Property Description

Investor special in the heart of Panama City! This 2 bedroom, 1 bathroom single-family home offers a prime opportunity for renovation, rental income, or resale. Situated on a quiet street, the property features a functional layout with solid bones and plenty of potential to customize. Ideal for investors or buyers looking to create their own space, this home is being sold as-is and is ready for updates. With the right vision, this fixer-upper could be transformed into a charming primary residence or income-producing property. Conveniently located near downtown, shopping, dining, schools, and local amenities, this property offers both value and upside in a growing area. Panama City continues to see redevelopment and investment, making it attractive for both homeowners and investors. The area offers convenient access to Panama City Beach, Tyndall Air Force Base, and local marinas, while still maintaining a laid-back coastal lifestyle.

Additional Information

Community Features
No Deed Restriction
Exterior Construction
Concrete, Stucco
Style
One Story
Interior
Other
Interior Features
Other
Appliances
Refrigerator
Exterior
Other
Roof
Metal
Utilities
Other
Fireplace
Yes
Floor
Cork, Tile, Vinyl
Heating
Central
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of THE SHOP REAL ESTATE CO.. Selling Office: STELLAR NON-MEMBER OFFICE.

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