Property Attributes
- MLS#793822
- TypeCommercial
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- Neighborhood[No Recorded Subdiv]
- Zip32401
- Style
- Year Built1947
- Price$ 389,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1612
- Lot Size0.16 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
143 Claire Ave Turnkey 6 Unit Multifamily Investment Excellent investment opportunity! 143 Claire Ave is a remodeled 6-unit multifamily property, consisting of six studio apartments. The property has been updated and offers an investor the opportunity to acquire an income producing asset without taking on a major renovation project. Each unit features an efficient studio layout, making the property well suited for tenants looking for affordable, low maintenance living. With six individual rental units under one roof, this property provides multiple income streams and strong potential for consistent occupancy. Whether you're looking to add to an existing rental portfolio or get into multifamily investing, 143 Claire Ave offers a great combination of updated units, rental income potential, and manageable size. Six units. Remodeled. Income producing. Ready for its next owner.
| Elementary School | Middle School | High School |
|---|---|---|
| Cherry Street Elementary School | Everitt Middle School | Rutherford High School |
| Price History | |
|---|---|
| 8/10/2026 | Listed $399,900 |
| 9/15/2026 | 3$389,900 |
General Features
| Property Subtype | Multi Family |
|---|---|
| County | Bay |
| Property Type | Commercial Sale |
| HOA | false |
| Subdivision Name | [No Recorded Subdiv] |
| Status | Active |
| Directions | East on Old Buisness Hwy98 and make a left onto E 2nd St then right onto Claire Ave property will be on the right. |
| High School | Rutherford |
| City | Panama City |
| Zoning Description | Resid Multi-Family |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6969.6 |
| Elementary School | Cherry Street |
| Middle/Junior High School | Everitt |
| MLS Area Minor | 0202 - Bay - Central SE |
| Standard Status | Active |
| Property Sub Type Additional | Multi Family |
| Possible Use | Commercial |
| Occupancy Type | Occupied |
| Year Built | 1947 |
| Unit Number | 101 |
| Roof | Shingle |
Exterior Features
| Lot Size Area | 0.16 |
|---|---|
| Lot Size Acres | 0.16 |
| Building Area Total | 1612 |
| Waterfront Y/N | false |
| Foundation Details | Slab |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32401
In The Neighborhood
Panama City
$ 3,195,000
- Type
- Commercial
- Size
- 7,618 SqFt
Panama City
$ 575,000
- Type
- Commercial
- Size
- 3,977 SqFt
Emerald Coast Association of REALTORS®, Inc. 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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.
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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating