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2729 Carol Lane
Panama City, FL 32405

$1,575,000 - Status: Pending
Bed Icon Beds: 16
Bath Icon Baths: 16 full
Sq Feet Icon SQFT (H&C): 7,240
MLS Icon MLS# 766313

Introducing a rare opportunity to expand your portfolio with a brand-new construction featuring four duplexes, totaling eight meticulously designed units. Each 905-sq. -ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long-term and short-term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes, including sleek quartz countertops and soft-close drawers and doors in the kitchen and bathrooms. Brand-new appliances add to the property's appeal, ensuring a low-maintenance investment for years to come. Strategically situated just 1. 5 miles from popular destinations like Target, Starbucks, and the vibrant shopping and dining options on Highway 77 and 23rd Street, this property offers unparalleled convenience for tenants. Additionally, its proximity to schools and hospitals further enhances its desirability. Currently, seven of the eight units are rented long-term, providing immediate cash flow, while the flexibility to utilize short-term rentals offers additional income potential. This turnkey investment is ideal for savvy investors looking to secure a high-demand property in a prime location with excellent growth potential. With its exceptional quality, strategic location, and rental versatility, this investment promises long-term stability and value. Seize this opportunity to add a modern, income-generating property to your portfolio.

Property Features

MLS#: 766313
Zip: 32405
Subdivision: Highland City
Development: 0201 - Bay - Central Ne
Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Site: 476
Heating: Central
Home Style: Duplex
Lot Size:
Roof Type: Shingle
Taxes: $848
Year Built: 2024
SQFT (H&C): 7,240

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
Community Features: Short Term Rental Allowed
Exterior: Vinyl Siding
Lot Dimensions: 182X360
Parcel#: 12629-036-010

Room Sizes

Bedroom: 13.2 X 11 Level - First
Bedroom: 12.2 X 10.2 Level - First
Bedroom: 13.2 X 11 Level - First
Bedroom: 12.2 X 10.2 Level - First
Bedroom: 13.2 X 11 Level - First
Bedroom: 12.2 X 102 Level - First
Bedroom: 13.2 X 11 Level - First
Bedroom: 12.2 X 10.2 Level - First
Bedroom: 13.2 X 11 Level - First
Bedroom: 13.2 X 11 Level - First
Bedroom: 12.2 X 10.2 Level - First
Bedroom: 12.2 X 10.2 Level - First
Bedroom: 13.2 X 11 Level - First
Bedroom: 12.2 X 10.2 Level - First
Bedroom: 13.2 X 11 Level - First
Bedroom: 12.2 X 10.2 Level - First

Local Schools

High School: Bay
Middle School: Mowat
Elementary School: Hiland Park

2729 Carol Lane | MLS# 766313

This multi-family property located at 2729 Carol Lane, Panama City, FL 32405 is currently listed for sale with an asking price of $1,575,000. Search Panama City real estate on nbeninate.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Scenic Sotheby's International Realty

Shown By

Agent Name: Nick Beninate
Agent Phone: (850) 819-7484
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 8:31:40 AM EST) or Emerald Coast MLS (last updated Thu 04/09/2026 8:25:25 AM EST) or Central Panhandle Association of Realtors (last updated Thu 04/09/2026 1:17:22 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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