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For sale
  • $220,000

    3638 Lane Rd, Panama City, FL 32404

    3beds
    1,777sqft
    : 
    $1,487/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1996
    -- sqft lot
    $213,100 Zestimate®
    $124/sqft
    $-- HOA

    What's special

    Fenced yardSpacious primary suiteSeparate showerLarge walk-in closet
    Looking for your next investment opportunity or a home with flexible living arrangements? This 3-bedroom, 2-bath property offers a unique floor plan and mixed-use zoning with possibilities worth exploring! Situated toward the rear of the lot, the existing home leaves much of the front portion open for potential future development. An extensive concrete parking area adds to the property's versatility. The home features two living areas, each with its own exterior entrance. The larger side includes 2 bedrooms, 1 bath, a living room, dining area, and full kitchen. The spacious primary suite features an oversized bathroom with a jetted tub, separate shower, and large walk-in closet. The smaller side offers a studio-style living area with its own entrance, full bathroom, and kitchenette. An interior connecting door provides flexibility for use as one residence or potentially two separate rental units. A laundry/utility area is located at the rear of the home. Additional features include covered front and rear patios, a fenced yard, and concrete parking. The roof was replaced in 2019. The property has a single electric meter, so utility arrangements would need to be considered for separate rentals. Mixed-use zoning may also offer opportunities for additional development, subject to applicable zoning, setbacks, parking, and permitting requirements. The home needs cosmetic improvements and is being sold AS IS. This could be your primary residence, rental investment, or property with future possibilities, this one is worth exploring! Buyer to verify permitted uses and development potential with the appropriate authorities. Roof 2019 | HWH 2024 | AC 2015 | Survey Available
    15 days
    350
    35

    Zillow last checked:

    Listing updated:

    Listed by:

    Wanda L Miller 850-832-0922,

    Adventure Realty Group LLC

    Source: CPAR,MLS#: 796950MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Dimensions: 17 x 11
      Bedroom
      • Dimensions: 9.5 x 9.5
      Bedroom
      • Description: Separate Living Area / Bedroom
      • Dimensions: 19 x 15
      Primary bathroom
      • Dimensions: 15 x 9.5
      Dining room
      • Dimensions: 10 x 9
      Other
      • Description: separate Living Area Bathroom
      • Dimensions: 7 x 5.5
      Kitchen
      • Dimensions: 7 x 13
      Kitchen
      • Description: Separate Kitchen
      • Dimensions: 7 x 13
      Living room
      • Dimensions: 17 x 15
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Gas Range, Gas Water Heater
      Features
      • Soaking Tub, Tub Shower, Walk-In Closet(s)
      • Flooring: Plank, Vinyl
      Interior area
      • Total structure area: 1,777
      • Total interior livable area: 1,777 sqft

      Property

      Features
      • Patio & porch: Covered, Patio, Porch
      • Fencing: Chain Link
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 70.0 ft x 125.0 ft
      • Features: Paved
      Details
      • Parcel number: 11954915000
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Utilities for property: Cable Connected, Sewer Available

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Security: Smoke Detector(s)
      • Subdivision: No Named Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $124/sqft
      • Tax assessed value: $208,786
      • Annual tax amount: $2,731
      • Date on market: 10/23/2026
      • Cumulative days on market: 16 days

        Estimated market value

        $213,100

        $202,000 - $224,000

        $2,605/mo

        Price history

        DateEventPrice
        10/23/2026Listed for sale$220,000-2.2%$124/sqft
        Source: CPAR #796950 Report a problem
        5/25/2023Listing removed--
        Source: CPAR #729491 Report a problem
        3/25/2023Listed for sale$225,000-4.3%$127/sqft
        Source: CPAR #729491 Report a problem
        3/15/2023Listing removed--
        Source: CPAR #729491 Report a problem
        10/26/2022Price change$235,000-4.1%$132/sqft
        Source: CPAR #729491 Report a problem
        9/13/2022Price change$245,000-7.5%$138/sqft
        Source: CPAR #729491 Report a problem
        7/15/2022Listed for sale$265,000+381.8%$149/sqft
        Source: CPAR #729491 Report a problem
        6/6/2020Listing removed$1,500$1/sqft
        Source: Zillow Rental Manager Report a problem
        4/20/2020Listed for rent$1,500$1/sqft
        Source: Zillow Rental Manager Report a problem
        3/29/2019Sold$55,000-21.4%$31/sqft
        Source: CPAR #681378 Report a problem
        3/15/2019Listed for sale$70,000$39/sqft
        Source: World Impact Real Estate #681378 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,731 +8.7%$125,678 +10%
        2024$2,513 +7.5%$114,253 +10%
        2023$2,336 +17.2%$103,866 +10%
        2022$1,993 $94,424
        2021-- --
        2020$1,316 +27.7%$81,383 -18.3%
        2019$1,031 $99,555 -6.4%
        2018$1,031 -9.7%$106,355 +2.1%
        2017$1,142 +1.5%$104,167 +2.1%
        2016$1,125 +2.6%$102,024 +2.9%
        2015$1,097 $99,170 +0.8%
        2014$1,097 $98,383 +1.5%
        2013-- $96,929 -1.3%
        2012-- $98,168 +6.1%
        2011-- $92,533 +1.5%
        2010-- $91,166 +2.7%
        2009-- $88,769 +0.1%
        2008-- $88,680 +3%
        2007-- $86,097 -30.8%
        2006-- $124,431 +52.6%
        2005-- $81,550 +3%
        2004-- $79,175 +1.9%
        2003-- $77,699 +2.4%
        2002-- $75,878 +1.6%
        2001-- $74,683 -0.7%
        2000-- $75,182
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32404

        Getting around

        9 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cedar Grove
        • Middle: Merritt Brown
        • High: Bay

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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