218 S Charlene Drive Panama City, FL 32404
Listing Courtesy of: CENTRAL PANHANDLE / ERA Neubauer Real Estate, Inc. / Ron Wilson

  218 S Charlene Drive Panama City, FL 32404

Active (1 Days)
$215,000 (USD)
4
BED
2
BATH
1,576
SQFT

Description

Solid brick home in well established neighorhood with a long-term rental history, offering strong potential as a buy-and-hold rental or value-add renovation. This 4-bedroom, 2-bath property features a separate family room with a fireplace, offering a flexible layout that's comfortable for everyday living and appealing to both tenants and future owners. The open kitchen and dining area with breakfast bar connects the main living spaces, while numerous windows throughout the home provide abundant natural light. Major capital items have already been addressed, including a roof replacement in January 2019 following Hurricane Michael and a water heater replaced in 2016. Appliances are present and operational. Interior improvements are needed, including minor drywall repair, ceiling finish and paint, flooring replacement in select areas, and a good coat of paint on the interior. Fenced backyard includes a 20x12 storage shed/workshop. Located in a well-established neighborhood close to Tyndall Air Force Base, shopping, schools, parks, and boat launches—an area that continues to attract long-term rental demand. Property is being sold as-is. Well suited for investors, renovation buyers, or owner-occupants using conventional or renovation-type financing. Contact your favorite Realtor® today for a showing.

MLS #:
784511
Taxes
$1,911(2025)
Lot Size
8,407 SQFT
Type
Single-Family Home
Year Built
1973
Style
Craftsman
County
Bay County
Community
Lannie Rowe Lake Estates U-8

Listed By

Ron Wilson, ERA Neubauer Real Estate, Inc.
Source
CENTRAL PANHANDLE
Last checked Feb 3 2026 at 7:41 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Workshop
  • Electric Range
  • Electric Water Heater
Subdivision
  • Lannie Rowe Lake Estates U-8
Lot Information
  • Paved
Heating and Cooling
  • Electric
  • Fireplace(s)
  • Heat Pump
  • Ceiling Fan(s)
  • Central Air
Flooring
  • Luxury Vinyl Plank
Utility Information
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: Public Sewer
School Information
  • Elementary School: Callaway
  • Middle School: Rutherford Middle
  • High School: Rutherford
Parking
  • No Garage

Listing Brokerage Notes
Buyer Brokerage Compensation: 2.5%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Copyright 2026 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 2/2/26 23:41