Address: 13809 Bay Avenue, Panama City Beach, FL 32413
Description
Own a true piece of American history just steps from the sugar white sands in the highly sought after Bid A Wee Beach community of Panama City Beach. Originally constructed during the Cold War era as barracks housing for military personnel, this remarkable property blends historic character with modern day investment potential offering a story as special as the location itself.
Situated on a rare double lot with two separate addresses, this is widely considered one of the premier parcels in Bid A Wee. The expansive homesite offers exceptional flexibility, including the potential to build two stunning three story homes, create a multi generational beach compound, or maximize returns with future development. Short term rentals are allowed, and there is no HOA, making this an increasingly rare and valuable opportunity.
The existing duplex features 4 bedrooms and 4 fully renovated bathrooms, with more than $70,000 in recent improvements. Each side lives like its own private residence perfect for renting both for maximum income, occupying one side while renting the other, or holding as an investment while planning future construction. With projected rental potential reaching up to $100,000 annually, the income possibilities are substantial.
Owners and guests enjoy exclusive private access to five gated Bid A Wee Beach entrances, just a short walk away, offering a quieter, more private beach experience reserved only for property owners and their guests.
Whether you envision building signature beach homes, creating a legacy property, or securing a high performing investment with immediate income, this is a once in a generation opportunity to own one of Bid A Wee's most iconic and versatile properties.
Own a true piece of American history just steps from the sugar white sands in the highly sought after Bid A Wee Beach community of Panama City Beach. Originally constructed during the Cold War era as barracks housing for military personnel, this remarkable property blends historic character with modern day investment potential offering a story as special as the location itself.
Situated on a rare double lot with two separate addresses, this is widely considered one of the premier parcels in Bid A Wee. The expansive homesite offers exceptional flexibility, including the potential to build two stunning three story homes, create a multi generational beach compound, or maximize returns with future development. Short term rentals are allowed, and there is no HOA, making this an increasingly rare and valuable opportunity.
The existing duplex features 4 bedrooms and 4 fully renovated bathrooms, with more than $70,000 in recent improvements. Each side lives like its own private residence perfect for renting both for maximum income, occupying one side while renting the other, or holding as an investment while planning future construction. With projected rental potential reaching up to $100,000 annually, the income possibilities are substantial.
Owners and guests enjoy exclusive private access to five gated Bid A Wee Beach entrances, just a short walk away, offering a quieter, more private beach experience reserved only for property owners and their guests.
Whether you envision building signature beach homes, creating a legacy property, or securing a high performing investment with immediate income, this is a once in a generation opportunity to own one of Bid A Wee's most iconic and versatile properties.
Features
Building and Construction
Covered Spaces: 0.00
Fencing: Fenced
Living Area: 0.00
Other Structures: Sheds
Roof: Metal
School Information
High School: Arnold
Middle School: Surfside
School Elementary: Hutchison Beach
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: AdditionalParking
Utilities
Carport Spaces: 0.00
Cooling: CeilingFans, WindowUnits
Road Frontage Type: CityStreet
Sewer: PublicSewer
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Pet Deposit: 0.00
Security Deposit: 0.00
Tax Year: 2025
Trash Expense: 0.00
Other Features
Appliances: ElectricCooktop, ElectricRange
Legal Description: BID-A-WEE SUB LOT 9 BLK M ORB 4508 P 314
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