Opportunity Awaits at 1300 Balboa Ave - Multi-Use Zoning, Big Corner Lot and Endless PotentialLooking for your next smart investment or the perfect first home? Welcome to 1300 Balboa Ave, a unique property in the heart of Panama City with multi-use zoning that opens the door to a variety of possibilities.This home sits on a spacious corner lot and features a brand new fence, offering both privacy and curb appeal. Whether you're an investor looking to convert the property into a duplex or triplex, or a first-time buyer ready to make it your own, this home offers flexibility and value.Zoned for multi-use, the layout makes it ideal for conversion into a multi-family residence or even a live/work setup. The large corner lot provides excellent street visibility and accessibility. The brand new fencing encloses a generous yard, creating a private space for outdoor living or entertaining.This property is a great option for buyers entering the housing market, with potential to grow and customize over time. It's also a solid investment opportunity for those looking to generate rental income or explore future development.Located near downtown Panama City with easy access to shopping, dining, and schools, this home combines location, potential, and affordability.Schedule your showing today and discover everything 1300 Balboa Ave has to offer.
Sold for $202,000 on 06/11/25
$202,000
1300 Balboa Ave, Panama City, FL 32401
3beds
1,333sqft
Single Family Residence
Built in 1945
10,018.8 Square Feet Lot
$201,300 Zestimate®
$152/sqft
$1,918 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 10:30am
Listed by:
Stephanie Aldea 850-532-2773,
Empire Real Estate of Florida LLC
Bought with:
Stephanie Aldea, 3400852
Empire Real Estate of Florida LLC
Source: CPAR,MLS#: 771992
Originating MLS: Central Panhandle Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 132
- Dimensions: 12 x 11
Bedroom
- Level: First
- Area: 180
- Dimensions: 18 x 10
Bedroom
- Level: First
- Area: 180
- Dimensions: 18 x 10
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Refrigerator
Interior area
- Total interior livable area: 1,333 sqft
Property
Features
- Pool features: None
- Fencing: Partial
Lot
- Size: 10,018 sqft
- Dimensions: 134 x 75
Details
- Additional structures: Shed(s)
- Parcel number: 18247000000
- Zoning description: Mixed Use
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- Year built: 1945
Utilities & green energy
- Utilities for property: Cable Available, Trash Collection
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City
- Subdivision: Skyland
Other
Other facts
- Listing terms: Cash,Conventional