VALUE-ADD INVESTMENT OPPORTUNITY – PANAMA CITY, FL

This 3-bedroom, 1-bath Panama City home offers approximately 1,050 sq ft on an approximately 7,405 sq ft corner lot, with a functional layout and a light rehab scope that stops well short of a full-gut renovation. Major systems were reportedly replaced or updated in 2020 (also listed as 2021), and the roof was reportedly replaced in 2020. Features include fireplaces, an outdoor shower, gated RV/boat parking, a storage outbuilding, and extra outdoor space; the home is currently owner occupied, and closing can happen in 30 days or sooner. The listing shows an asking price of $150,000 and a projected ARV of $220,000, while its investment highlights separately list a $140,000 asking price, a $150,000 projected ARV, and an approximately $220,000 spread between asking price and projected ARV. The smaller footprint may suit an affordable long-term rental, a buy-and-hold or BRRRR strategy, or a light-rehab resale.