Discover the perfect investment opportunity located in The Cove at 359 Mercedes Ave, Panama City, FL 32401. This multi-family gem features a total of 4 bedrooms and 4 bathrooms spread across 2,146 square feet of living space. The main house offers 3 bedrooms and 3 bathrooms, showcasing stunning water views of Watson Bayou for a serene coastal ambiance. Adjacent to the main residence is an attached apartment complete with 1 bedroom, 1 bathroom, a kitchen, laundry facilities, a closet, and separate access, along with its own parking and yard space. Located in a highly desirable area, this property boasts proximity to key amenities, including Ascension Sacred Heart Hospital just 2 minutes away, Downtown Panama City a mere 5-minute drive, and the shopping districts of Panama City reachable in less than 10 minutes. Plus, Panama City Beach is a quick 20-minute drive for endless beachside enjoyment. Don't miss out on this exceptional opportunity to invest in a prime location with endless potential. Seize the moment and schedule your viewing today before it's gone!