1416 N Gray Avenue Panama City, FL 32401
Listing Courtesy of: CENTRAL PANHANDLE / ERA Neubauer Real Estate, Inc. / Michelle Ginn

  1416 N Gray Avenue Panama City, FL 32401

Active (12 Days)


Explore the potential of this expansive property featuring two parcels and three versatile buildings! The primary residence boasts three bedrooms and two baths, offering ample space and comfort. Step into the foyer leading to a sprawling living room, complete with an exterior exit to the backyard. Ascend the wide staircase to discover a spacious master bedroom with a cozy sitting area, walk-in closet, and ensuite bath. The formal dining room and well-appointed kitchen, featuring a breakfast bar, island, and plenty of cabinets, await to cater to your culinary needs. Additionally, there are two sizable bedrooms, a full bath, and a convenient laundry room with rear access complete the main home.Adjacent to the main residence lies a second building currently utilized as a hair salon, equipped with a half bath and a utility room with a refrigerator , full-sized washer and dryer and storage. Both parcels are zoned R2, with the possibility of continuing salon operations, subject to Bay County Planning Department regulations.Consider the myriad of options available: reside in the main house while managing the salon, occupy the house and lease out the salon space, or transform the salon into a separate rental unit with minimal modifications. The flexible layout of the primary residence presents further opportunities for division, potentially creating two rental units with the addition of a kitchenette and laundry facilities.Completing this enticing package is a 35x11 workshop with power adjacent to the salon, offering endless possibilities for creative endeavors. Unleash your imagination, leverage your skills, and tailor this exceptional property to suit your vision and requirements.

MLS #:
Lot Size
0.44 acres
Single-Family Home
Year Built
Bay County
No Named Subdivision

Listed By

Michelle Ginn, ERA Neubauer Real Estate, Inc.
Last checked May 26 2024 at 7:53 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Washer
  • Warming Drawer
  • Refrigerator
  • Microwave
  • Electric Water Heater
  • Electric Range
  • Dryer
  • Dishwasher
  • Laundry: Dryer Hookup
  • Laundry: Washer Hookup
  • Workshop
  • Kitchen Island
  • Entrance Foyer
  • Breakfast Bar
  • No Named Subdivision
Property Features
  • Foundation: Slab
Heating and Cooling
  • Electric
  • Central
  • Central Air
  • Window Unit(s)
  • Ceiling Fan(s)
  • Vinyl
  • Laminate
  • Carpet
  • Plank
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Water Available, Sewer Available, Electricity Available
  • Sewer: Public Sewer
School Information
  • Elementary School: Cedar Grove
  • Middle School: Mowat
  • High School: Bay
  • Paved
  • Driveway
  • Carport
  • Attached Carport
  • Additional Parking
Living Area
  • 2,080 sqft
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Disclaimer: Copyright 2024 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 5/26/24 00:53