$299,900

MOTIVATED SELLER, PRICE IMPROVEMENT! **Seller also open to contributing toward buyer closing costs with acceptable offer. Nestled in the heart of Panama City's historic St. Andrews neighborhood, this classic 1950s ranch-style home at 1409 Arthur Ave offers the perfect blend of coastal living and investment opportunity. Featuring a highly functional 1,068 sq. ft. layout, this property is a rare find: it is situated in a Residential Single-Family (R-1) zone that explicitly allows short-term vacation rentals under City of Panama City guidelines! Walk or bike to the vibrant St. Andrews marina, eclectic local dining, craft breweries, and popular waterfront parks. The home boasts a deep lot with plenty of room for outdoor entertainment or future expansions. Whether you are looking for an affordable primary residence, a coastal weekend getaway, or a rental investment, you can't beat this home's location or value.