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Residential > House
Active
06/17/2025
List Price
$499,000$285/ft²

221 Baldwin Rd
Panama City, FL 32405

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  • Malobo BannerMalobo Banner Square
    221 Baldwin Rd, Panama City, FL 32405 is a 4 bed, 2 bath, 1,750 ft² house built in 1969 on a 0.990 acre lot with 6 construction permits. This house is currently listed for $499,000, and it was last sold in 2021 for $179,000. The latest TopHap estimate of the house's value is $256,863.

    Property Valuations

    Latest estimates for 221 Baldwin Rd based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    Versatile Property with Income-Producing Apartment on 1 Acre in Panama CityLocated on a spacious 1-acre lot in unincorporated Bay County, this unique property offers incredible flexibility, comfort, and income potential. The main home features 4 bedrooms plus a bonus room/office, a 2-car garage with an oversized cubby ideal for a workshop, and stylish concrete and stainless steel kitchen countertops. A covered front porch provides the perfect outdoor space to relax. Key systems have been updated, including a metal roof (2019), HVAC (2019), and hot water heater (2018).A standout feature is the 800 sq ft, 1-bedroom/1-bath studio apartment located above a separate 3-car detached garage. The apartment has its own laundry area, private entrance, and separate septic system (replaced after Hurricane Michael). Currently rented for $1,500/month, it's ideal for offsetting your mortgage, hosting guests, or accommodating multigenerational living.Additional Features Include:Separate septic systems for the main house and apartment.Entire property is on well water.Metal roofs on both structures (2019).Single electric meter for both units.Front windows replaced after Hurricane Michael.Insurance is approximately $3,500/year for both structures.Located in unincorporated Panama City--offering more flexibility and fewer restrictions.This is a rare opportunity to own a property that blends income potential, peace of mind, and functionality in a desirable, low-restriction area just outside the city limits. Perfect for those seeking space, versatility, and value!

    Listing Agents

    The listing agent for 221 Baldwin Rd is Matt W Wright.

    Permits

    221 Baldwin Rd has 6 permit records.

    Permit History
    6
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    221 Baldwin Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 221 Baldwin Rd

    School Information

    Public/private schools serving 221 Baldwin Rd

    Neighborhood

    This property is located in 32405.

    Market Trends

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    Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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