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- Home Value
Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1955
Sq.Footage
1,336
Welcome to 1118 Michigan Ave, a rare opportunity hitting the market for the first time. CASH OR HARD MONEY ONLY | BEST FLIP INVESTMENT OPPORTUNITY IN LYNN HAVEN. Due to the home's current condition, traditional financing will not be considered. The property is being sold strictly AS-IS, and the seller will make no repairs or concessions. Recently reduced to $169,900 for a quick sale, this property is priced to reflect its condition and presents a strong opportunity for investors seeking their next project. Situated in a premier golf-cart-friendly Lynn Haven neighborhood, this property sits on a 0.34-acre corner lot and offers exceptional potential for those looking to create value in a highly desirable area. Whether you are looking to renovate or redevelop, the upside here is undeniable. The existing 1,336 sq ft home features 3 bedrooms and 2 bathrooms, built in 1955, and offers a solid footprint ready for transformation. With the right vision, this property can become a standout renovation or a completely reimagined new build. The oversized corner lot provides flexibility for expansion or redevelopment, making this especially attractive for investors and builders targeting long-term upside in Lynn Haven. The location further enhances the appeal. This golf-cart-friendly community offers convenient access to restaurants, grocery stores, parks, and everyday amenities. Enjoy nearby access to North Bay and Deer Point Lake boat ramps, along with Sharon Sheffield Park and Cain Griffin Park, featuring sports fields, playgrounds, dog parks, and walking trails. Local favorites include Bailey Bridge fishing and Panama Country Club golf, along with frequent community events. You are also just 20 minutes from the white sandy beaches of the Gulf and the dining, shopping, and entertainment of Panama City Beach. A full inspection report is available upon request for serious buyers, providing transparency and allowing investors to evaluate the scope of work upfront. With its large corner lot, prime location, and value-add potential, this property represents an excellent opportunity for investors looking to capitalize on a project in a high-demand area. Buyers should conduct all inspections and due diligence. All measurements and information are approximate and should be verified by the buyer if important. Seller will not make any repairs, do not disturb occupants, showings available by appointment only
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s)
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Paved
-
Lot Size(acres)
0.34
-
Property Type
Residential
-
Property Sub Type
SingleFamilyResidence
-
Architectural Style
Traditional
Price
-
Sales Price
$169,900
-
Tax Amount
$913
-
Zoning
Resid Single Family
-
Sq. Footage
1, 336
-
Price/SqFt
$127
HOA
-
Association
No
School District
-
Elementary School
Lynn Haven
-
Middle School
Mowat
-
High School
Mosley
Property Features
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Lynn Haven
Middle School
Mowat
High School
Mosley
Listing Courtesy of Issabella C Marsh , Florida Realty Experts
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REALTOR®
Bryan Chapman
Call Bryan today to schedule a private showing.
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