PANAMA CITY rent to own home - a single family home (4 beds, 2 baths)

This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $299,126
Motivated Seller - Bring offers. Living on Panama City Beach is a dream come true in this 4 bedroom with bonus room (that could be considerd a 5th bedroom), 2 bath home close to Patronis Elementary, two grocery stores, St. Andrews State Park, lots of water activities along North Lagoon, and tons of restaurants. The home was remodeled in 2013 to convert a second living room area to add a 5th bedroom with a closet for the home owner, but is not reflected on the property appraiser. The covered porch with metal roof was added by the home owner in 2013. Other improvements include, whole house metal roof replacement in 2014, a backyard large storage building with loft on slab in 2013, water heater in 2018, complete air & heat unit in 2020, enlarged the circular driveway, enlarged the screened patio area, removed all carpet and added vinyl floor tiles in most rooms. The wood flooring needs to be replaced. There is a large slab on grade lofted storage shed built in the backyard for additional storage measures 12x16 ft.. This home is all brick on the exterior. The previous owner had completed some updates to the home making the effective year built 2002. There is a wood burning firepl...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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