119 Escanaba Avenue, Panama City Beach

$225,000

3 Beds
2 Baths
1,226 Sqft
.22 Acre
0 Garage

NEEDS A CASH, QUICK CLOSE OFFER ASAP! This three-bedroom, two-bathroom brick home offers a huge investment opportunity on a prime corner lot in the highly sought-after west end of Panama City Beach. It features a large, fenced yard and single-car garage with a newer HVAC. It has been tenant-occupied for years and needs renovations. There was a plumbing overflow on approx May 3 and those areas need immediate water remediation. The power is currently off, making this a project for a buyer looking to capitalize on a property with great potential in a high-demand area. The location is exceptional, situated just a third of a mile from local amenities and about a mile from the shopping, dining, and entertainment at Pier Park. Coastal living is convenient with Public Beach Access only a mile away, and the neighborhood is golf-cart friendly - allowing for easy trips to Frank Brown Park or North Pier Park. Strategically positioned, the home is also a short drive from the new hospital and ECP Airport. This community offers the coastal lifestyle without the fees of an HOA. No short-term rentals are allowed. Renovated comparable homes in the immediate area have sold for 350k. This property has significant upside for those ready to provide the necessary repairs. This home is being sold as-is and all cash offers are considered. Schedule your showing today.

Essential Information
MLS® #1002253
Price$225,000
Sold Price$210,000
Date Sold$2026-05-14
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,226
Acres0.22
Year Built1978
TypeResidential
Sub-TypeDetached Single Family
StyleRanch
StatusSold
Community Information
Address119 Escanaba Avenue
Area27 - Bay County
SubdivisionGULF HIGHLANDS
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
UtilitiesPublic Water
ParkingGarage
Interior
CoolingCentral Air
# of Stories1
School Information
ElementaryHutchinson Beach
MiddleSurfside
HighArnold
Additional Information
Days on Website164
ZoningResid Single Family
Listing Details
OfficeColdwell Banker Realty
Property History
Price Reduced from $240,000 to $225,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 15th, 2026 at 5:52am CDT.