Welcome to 119 College Avenue, an exceptional income-producing property featuring six rental units in a well-maintained, recently remodeled setting, currently generating over $82,000 in gross annual income.
Situated on a spacious 0.4-acre corner lot in Flood Zone X (no flood insurance required), the property consists of four total buildings. The primary residence featuring three units has been fully renovated down to the studs and rebuilt with quality finishes throughout, offering three separate rental units (Units 1, 2, and 3) totaling 8 bedrooms and 5 bathrooms, along with a welcoming front porch, three new HVAC systems, and updated kitchens with new appliances. Unit 1 is a 3-bedroom, 2-bath upstairs unit rented for $1,290/month, featuring a private entrance to the primary suite, oversized laundry room, new LVP flooring, updated kitchen and baths, and two living areas. Unit 2 is a 3-bedroom, 2-bath downstairs unit rented for $1,450/month, offering a split floor plan, spacious living area, and new LVP flooring throughout. Unit 3 is a 2-bedroom, 1-bath rear apartment rented for $1,000/month. In addition to the main house, the property includes three detached single-family homes: Unit 7, a 3-bedroom, 2-bath unit with a utility/storage area rents for $1,000/month; Unit 5, a 2-bedroom, 1-bath unit rented for $990/month; and Unit 6, a 2-bedroom, 1-bath unit rented for $1,125/month and extensively remodeled. Altogether, the property offers 15 bedrooms and 9 bathrooms across six income-producing units. All rentals are professionally managed by ERA Property Management, making this a seamless, turnkey investment opportunity. Floor plans are available in the Documents section and photo gallery. Schedule your private showing today to explore the full potential of this multi-unit property.
Listing Courtesy of CENTRAL PANHANDLE / Listed By: Kaci Hawes, ERA Neubauer Real Estate, Inc.
$599,000 (USD)
Lake Merial Phase One Area Single Family Home
Active
114 Lake Merial Trail Panama City, FL 32409
4 Bed
3 Baths
2405 sqft
MLS# 789169
Welcome to 114 Lake Merial Trail, an exceptional 2026 custom-built residence gracefully positioned on .57 acres within the highly sought-after Lake Merial community.
Surrounded by untouched wooded parcels on both sides and backing to serene natural landscape, this property offers a rare level of privacy and tranquility. Enjoy peaceful mornings and golden-hour evenings where native wildlife, including white-tailed deer, become part of your everyday backdrop.
Designed with both elegance and functionality in mind, the home features a well-executed split floor plan, placing three guest bedrooms privately opposite the primary suite. At the heart of the home, the designer kitchen makes a striking impression with Satori Calcatta Dorado porcelain tile backsplash, quartz countertops, custom soft-close cabinetry, a statement island, and a range hood centerpiece. A farmhouse sink perfectly frames the picturesque views of mature oak and pine trees beyond. The oversized, customized walk-in pantry offers abundant storage, while a conveniently located half bath enhances the space for entertaining.
Refined finishes carry throughout, including 10-foot ceilings, 8-foot single-panel doors, recessed lighting, and custom closet systems in every bedroom.
The primary suite is a true retreat, featuring a dual vanity and an expansive floor-to-ceiling tiled shower with built-in bench. The warm tones of luxury vinyl plank flooring pair beautifully with the timeless Greek Villa paint palette, creating a cohesive and elevated interior aesthetic.
A versatile mudroom off the two-car garage offers flexible use as a home office, nursery, playroom, or additional storage space, adapting effortlessly to your lifestyle needs. Built with energy efficiency in mind, the home includes spray foam insulation, 2x6 exterior wall framing, and generous attic storage. A private well-fed irrigation system keeps landscaping lush while maintaining low utility costs, and the extended driveway provides ample parking for guests.
Lake Merial is known for its 300-acre spring-fed lake, ideal for kayaking, paddleboarding, and fishing, along with scenic walking trails, green spaces, and a vibrant calendar of community events.
From festive holiday celebrations to food truck nights and golf cart-friendly streets, this neighborhood offers a lifestyle that is both relaxed and engaging. Residents enjoy convenient access to the pristine, spring-fed waters of Lake Merial through three designated community access points. Two of these locations are ideal for launching kayaks, canoes, and paddleboards, while a larger, primary access area accommodates fishing boats--offering effortless enjoyment of the lake's recreational lifestyle.
A rare opportunity to own a newly constructed, never-lived-in home with exceptional privacy, refined finishes, and access to one of Bay County's most desirable communities. Schedule your private showing and experience the lifestyle that sets Lake Merial apart.
Listing Courtesy of CENTRAL PANHANDLE / Listed By: Kaci Hawes, ERA Neubauer Real Estate, Inc.
$370,000 (USD)
Timbers Area Single Family Home
Pending
607 Timbers Crossing Lynn Haven, FL 32444
5 Bed
3 Baths
2313 sqft
MLS# 788069
Welcome to 607 Timbers Crossing, a unique multifamily opportunity offering versatility, value, and potential.
This property features a 4-bedroom, 2-bathroom main home along with a separate 1-bedroom, 1-bathroom mother-in-law/guest suite complete with its own kitchen, living area, and private entrance, ideal for multi-generational living or income-producing potential.
The main home offers a spacious layout with engineered hardwood flooring, vaulted ceilings, and a gas fireplace in the living room. The kitchen opens to a casual eat-in area, providing a functional space for everyday dining, while a separate dining area is located just off the main living room for more formal gatherings.
The primary suite features ample natural light, dual closets, and an ensuite bathroom with double vanities. Three additional guest bedrooms and a full bathroom complete the main residence.
The guest suite, constructed in 2009, showcases updated finishes including white shaker cabinetry, granite countertops, a subway tile backsplash, stainless steel appliances, luxury vinyl plank flooring, recessed lighting, and a well-appointed bathroom with a sliding barn door. Its private walkway and entrance provide added convenience and privacy.
The interior of the main home has been freshly painted, and a brand-new, fully permitted roof (2026) will be installed prior to closing at no cost to the buyer. While the property does require some TLC, it is priced accordingly below market value, presenting an excellent opportunity for buyers to customize and add value. Situated on a fully fenced lot, the property includes a large, covered patio (14x31), perfect for outdoor enjoyment and shaded relaxation.
Located in the quiet Timbers community, you will enjoy convenient access to local parks, shopping, and dining. Nearby amenities include A.L. Kinsaul Park, Sharon J. Sheffield Park, Cain Griffin Park, and the Rails to Trails walking path just steps away. Grocery stores, including Walmart and Publix, are less than a mile away. The home is also located in Flood Zone X, meaning flood insurance is not required.
This is a rare opportunity to own a flexible property with strong potential in a desirable location. Schedule your private showing today.
Listing Courtesy of CENTRAL PANHANDLE / Listed By: Kaci Hawes, ERA Neubauer Real Estate, Inc.
$290,000 (USD)
Island Reserve Area Condominium
Active
8700 Front Beach Road 6301 Panama City Beach, FL 32407
2 Bed
3 Baths
1325 sqft
MLS# 782943
Welcome to Island Reserve Condominium #6301, an elegantly updated, top-floor end unit offering 2 bedrooms and 2.5 bathrooms in a peaceful, resort-style setting.
What truly sets this condo apart is its rare top-floor, end-unit location with immediate access to the parking garage. Simply drive to the top level and walk just steps to your front door. No stairs, no elevators, and no hassle, making daily living and grocery runs effortless. Enjoy the added benefit of no neighbors above you, providing extra privacy and a quiet environment.
Relax on the spacious covered balcony, which overlooks a tranquil waterfall feature and open green space, perfect for morning coffee or unwinding after a long day.
Inside, you will be welcomed by beautiful architectural arches, an open-concept kitchen and living area, 10-foot ceilings, crown molding, immaculate baseboards, and classic oak plantation shutters that add timeless charm and privacy.
Recent upgrades include: all new interior paint (Greek Villa White by Sherwin-Williams), new engineered hardwood flooring, newer HVAC (2017), new hot water heater (2023), updated lighting fixtures including Stix LED Chandelier, and new stainless-steel appliances, including a touchscreen refrigerator. The home also features custom storage solutions in the kitchen, bathrooms, and both walk-in closets, maximizing functionality and organization.
The primary suite offers a private entrance to the balcony, a spacious walk-in closet, and a well-appointed en-suite bath with double vanity, soaking tub, and separate shower.
Island Reserve amenities are just a short walk away and include a resort-style pool, air-conditioned indoor basketball/pickleball court, fitness center, private library, theater room, pool table, and more.
Ideally located minutes from Panama City Beach attractions such as Pier Park, Ripley's Believe It or Not, ZooWorld, and only a short drive to the sugar-white sands of the Gulf, this condo offers the perfect blend of convenience, comfort, and coastal living. As an added bonus, because this unit is located on the third floor, flood insurance is not required. Schedule your private showing today.
Listing Courtesy of CENTRAL PANHANDLE / Listed By: Kaci Hawes, ERA Neubauer Real Estate, Inc.
$245,000 (USD)
Point Of View Condominiums Area Condominium
Active
200 Sandestin Lane 1009 Miramar Beach, FL 32550
2 Bed
2 Baths
952 sqft
MLS# 787522
Fully furnished and currently the lowest-priced 2-bedroom condo at Pointe of View Condominiums, this top-floor unit offers an exceptional opportunity to own along the Emerald Coast. Ideally positioned near the stairwell for convenient access, the unit overlooks a peaceful green space, providing added privacy, quieter living with no upstairs neighbors, and enhanced views.
Head inside to discover this turn-key 2-bedroom, 2-bathroom condo featuring an open-concept kitchen that flows seamlessly into a spacious living area. Unit #1009 boasts a premier location and a private balcony overlooking serene natural surroundings which offers both privacy and the perfect place to unwind after a long day.
Located in the heart of Miramar Beach, Pointe of View is just moments from the Shops at Grand Boulevard, offering a variety of upscale dining, shopping, and entertainment options. Nearby conveniences include Publix, Sacred Heart Hospital, and the renowned Sandestin Golf & Beach Resort. The sugar-white sands and emerald waters of the Gulf are just a short drive away, along with easy access to Scenic Gulf Drive and the scenic communities along 30A.
Residents enjoy amenities such as a community pool and fitness center, along with ample parking for owners and guests. The condominium allows short-term rentals, making this an attractive option for investors seeking income potential, as well as buyers looking for a second home or low-maintenance primary residence.
Whether you're searching for a turnkey coastal retreat or an income-producing property in a high-demand area, this condo delivers convenience, lifestyle, and value in one of the most desirable locations along the Gulf Coast.
Listing Courtesy of CENTRAL PANHANDLE / Listed By: Kaci Hawes, ERA Neubauer Real Estate, Inc.
$175,000 (USD)
College Park Area Land
Active
1021 S Highway 71 Wewahitchka, FL 32465
Bed
0 Baths
sqft
MLS# 759758
Seize the incredible opportunity to own 3.56 acres of prime commercial property located on Highway 71. This spectacular parcel, nestled on a massive corner lot, has been meticulously cleared for development, offering a serene landscape adorned with mature oak trees. Situated on Highway 71, this property boasts 397 ft. of commercial frontage, ideal for high-visibility businesses. Public sewer, water, electric, and gas are readily available, simplifying the development process. This property is perfect for constructing a gas station, restaurant, or local youth center. There is also a potential to develop multiple residential units. This property is less than a mile from Lake Alice and Lake Julia, and within walking distance to Family Dollar and Rich's Supermarket. A short drive south on Highway 71 brings you to Port St. Joe. A survey is available, providing detailed insights into the property's layout and boundaries. This property presents endless possibilities for commercial or residential development. Schedule your private viewing today and turn your vision into reality on this prime piece of land.
Listing Courtesy of CENTRAL PANHANDLE / Listed By: Kaci Hawes, ERA Neubauer Real Estate, Inc.
$3,900 / mo (USD)
Lake Merial Phase One Area Rental
Active
114 Lake Merial Trail Panama City, FL 32409
4 Bed
3 Baths
2405 sqft
MLS# 789173
FOR RENT! $3900/Month
Welcome to 114 Lake Merial Trail, an exceptional 2026 custom-built residence gracefully positioned on .57 acres within the highly sought-after Lake Merial community.
Surrounded by untouched wooded parcels on both sides and backing to serene natural landscape, this property offers a rare level of privacy and tranquility. Enjoy peaceful mornings and golden-hour evenings where native wildlife, including white-tailed deer, become part of your everyday backdrop.
Designed with both elegance and functionality in mind, the home features a well-executed split floor plan, placing three guest bedrooms privately opposite the primary suite. At the heart of the home, the designer kitchen makes a striking impression with Satori Calcatta Dorado porcelain tile backsplash, quartz countertops, custom soft-close cabinetry, a statement island, and a range hood centerpiece. A farmhouse sink perfectly frames the picturesque views of mature oak and pine trees beyond. The oversized, customized walk-in pantry offers abundant storage, while a conveniently located half bath enhances the space for entertaining.
Refined finishes carry throughout, including 10-foot ceilings, 8-foot single-panel doors, recessed lighting, and custom closet systems in every bedroom.
The primary suite is a true retreat, featuring a dual vanity and an expansive floor-to-ceiling tiled shower with built-in bench. The warm tones of luxury vinyl plank flooring pair beautifully with the timeless Greek Villa paint palette, creating a cohesive and elevated interior aesthetic.
A versatile mudroom off the two-car garage offers flexible use as a home office, nursery, playroom, or additional storage space, adapting effortlessly to your lifestyle needs. Built with energy efficiency in mind, the home includes spray foam insulation, 2x6 exterior wall framing, and generous attic storage. A private well-fed irrigation system keeps landscaping lush while maintaining low utility costs, and the extended driveway provides ample parking for guests.
Lake Merial is known for its 300-acre spring-fed lake, ideal for kayaking, paddleboarding, and fishing, along with scenic walking trails, green spaces, and a vibrant calendar of community events.
From festive holiday celebrations to food truck nights and golf cart-friendly streets, this neighborhood offers a lifestyle that is both relaxed and engaging. Residents enjoy convenient access to the pristine, spring-fed waters of Lake Merial through three designated community access points. Two of these locations are ideal for launching kayaks, canoes, and paddleboards, while a larger, primary access area accommodates fishing boats--offering effortless enjoyment of the lake's recreational lifestyle.
A rare opportunity to own a newly constructed, never-lived-in home with exceptional privacy, refined finishes, and access to one of Bay County's most desirable communities. Schedule your private showing and experience the lifestyle that sets Lake Merial apart.
Listing Courtesy of CENTRAL PANHANDLE / Listed By: Kaci Hawes, ERA Neubauer Real Estate, Inc.
SELLER OFFERING $25,000 TOWARD BUYER CLOSING COSTS, PREPAIDS, OR RATE BUYDOWN!
Welcome to 119 College Avenue, an exceptional income-producing property featuring six rental units in a well-maintained, recently remodeled setting, currently generating over $82,000 in gross annual income.
Situated on a spacious 0.4-acre corner lot in Flood Zone X (no flood insurance required), the property consists of four total buildings. The primary residence featuring three units has been fully renovated down to the studs and rebuilt with quality finishes throughout, offering three separate rental units (Units 1, 2, and 3) totaling 8 bedrooms and 5 bathrooms, along with a welcoming front porch, three new HVAC systems, and updated kitchens with new appliances. Unit 1 is a 3-bedroom, 2-bath upstairs unit rented for $1,290/month, featuring a private entrance to the primary suite, oversized laundry room, new LVP flooring, updated kitchen and baths, and two living areas. Unit 2 is a 3-bedroom, 2-bath downstairs unit rented for $1,450/month, offering a split floor plan, spacious living area, and new LVP flooring throughout. Unit 3 is a 2-bedroom, 1-bath rear apartment rented for $1,000/month. In addition to the main house, the property includes three detached single-family homes: Unit 7, a 3-bedroom, 2-bath unit with a utility/storage area rents for $1,000/month; Unit 5, a 2-bedroom, 1-bath unit rented for $990/month; and Unit 6, a 2-bedroom, 1-bath unit rented for $1,125/month and extensively remodeled. Altogether, the property offers 15 bedrooms and 9 bathrooms across six income-producing units. All rentals are professionally managed by ERA Property Management, making this a seamless, turnkey investment opportunity. Floor plans are available in the Documents section and photo gallery. Schedule your private showing today to explore the full potential of this multi-unit property.