Ad #7259490
MLS #785104
Start 2026 with a strong, stabilized income property at 2605
2605 Redwood St, Panama City Beach, FL 32408
$850,000
--Beds
--Baths
4,432Sqft
0.19Acres
About this property
Start 2026 with a strong, stabilized income property at 2605 Redwood Street, a well-maintained duplex consisting of two separate buildings, each featuring two apartments for a total of four units. This turnkey asset is fully leased and positioned to deliver immediate and reliable cash flow. The property offers a desirable unit mix of spacious 3-bedroom and 2-bedroom apartments, each with 1-1/2 bathroom. All apartments have been renovated, with new flooring throughout, new kitchen, and Energy saving appliances appealing to long-term tenants and supporting consistent occupancy. Recent capital improvements significantly enhance the property's value and reduce near-term maintenance, A/C unit is less than 4 years old, the roof was replaced in 2019, part of the siding on each building has been replaced, a newly installed septic tank. The combination of strong in-place income, recent upgrades, and minimal deferred maintenance makes this an ideal acquisition for investors seeking stable returns with limited operational risk. Whether you're expanding an existing portfolio or entering the multifamily market, 2605 Redwood Street represents a compelling opportunity to secure a high-performing asset in the new year. No signs on the property, please do not disturb tenants.
Property Features
0 Beds
0 Baths
4,432 Sqft
Built in 1978
0.19 Acres
Siding: Block, Concrete, VinylSiding
Composition, Shingle Roof
Bay County
Treasure Cove Community
Additional Photos
Contact Information
Oscar D Forero
Coldwell Banker Realty
850-319-4106
Location
Listing Agent: Oscar D Forero (License #: SL3636248) 850-319-4106
Broker: Coldwell Banker Realty 850-814-0037 Listing Site
Copyright © 2026 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.
Broker: Coldwell Banker Realty 850-814-0037 Listing Site
Copyright © 2026 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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$850,000
--
Beds
--
Baths
4,432
Sqft
2605 Redwood St, Panama City Beach, FL 32408
By contacting this agent you agree to these Terms and Conditions.
MLS# 785104
Start 2026 with a strong, stabilized income property at 2605
$850,000
2605 Redwood St, Panama City Beach, FL 32408
--
Beds
--
Baths
4,432
Sqft
0.19
Acres
$850,000
2605 Redwood St, Panama City Beach, FL 32408
-- Beds
-- Baths
4,432 Sqft
0.19 Acres
Start 2026 with a strong, stabilized income property at 2605 Redwood Street, a well-maintained duplex consisting of two separate buildings, each featuring two apartments for a total of four units. This turnkey asset is fully leased and positioned to deliver immediate and reliable cash flow. The property offers a desirable unit mix of spacious 3-bedroom and 2-bedroom apartments, each with 1-1/2 bathroom. All apartments have been renovated, with new flooring throughout, new kitchen, and Energy saving appliances appealing to long-term tenants and supporting consistent occupancy. Recent capital improvements significantly enhance the property's value and reduce near-term maintenance, A/C unit is less than 4 years old, the roof was replaced in 2019, part of the siding on each building has been replaced, a newly installed septic tank. The combination of strong in-place income, recent upgrades, and minimal deferred maintenance makes this an ideal acquisition for investors seeking stable returns with limited operational risk. Whether you're expanding an existing portfolio or entering the multifamily market, 2605 Redwood Street represents a compelling opportunity to secure a high-performing asset in the new year. No signs on the property, please do not disturb tenants.
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Property Details
HOME DETAILS
0 Beds
0 Baths
4,432 Sqft
Built in 1978
0.19 Acres
EXTERIOR
Siding: Block, Concrete, VinylSiding
Composition, Shingle Roof
FINANCIAL & COMMUNITY
Bay County
Treasure Cove Community
See More Details
Location
Mortgage Calculator
About Panama City Beach
Find Vacation Rental Beach Houses on Panama City Beach in FL! Book online - beachfront homes, cottages and condos for rent. Oceanfront homes with private pools. One of the best destinations for families. Pay less (no service fees!) and get a great deal on popular rentals now. Find family fun things to do in the Gulf Coast of Florida. A tropical paradise for a romantic waterfront wedding.
Ad Statistics
Ad Number
7259490
Viewed
0 time
Listing Status
Active
Added
Feb 11, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Central Panhandle Association of REALTORS
Source Property ID
785104
Listing Agent: Oscar D Forero (License #: SL3636248) 850-319-4106
Broker: Coldwell Banker Realty 850-814-0037 Listing Site
Copyright © 2026 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.
Broker: Coldwell Banker Realty 850-814-0037 Listing Site
Copyright © 2026 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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