Tia Blum

(850) 257-5016
centralbayrealestate@gmail.com
 
$570,000
For Sale

1116 Mercedes Avenue

Panama City, FL 32401
0.27 acres | #777837
Browse 3 photos
Type:Multi-Family
Structure:Unit
Zone:Commercial

Description

New construction townhomes, 2/2 933 sqft each. projected to rent for $1550-1650 per unit. Estimated 7-8 cap rate. Pro Forma PnL available upon request.

  • Property Details
      • Utility FeaturesElectricity Available, Sewer Available
      • Property ConditionUnder Construction, Never Occupied
      • SubdivisionNo Named Subdivision
      • Property TypeMulti-Family
      • Short SaleListed As Is
      • Elementary SchoolCedar Grove
      • Property SubtypeMultiFamily
      • Original List Price$570,000
      • MLS #777837
      • Cost570000
      • MLS #777837
      • Middle SchoolMowat
      • Acres0.27
      • Year Built2025
      • FoundationSlab
      • High SchoolBay
      • CountyBay
      • Days on Market (Cumulative)1

Location

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Last Updated: . Source: CPAR

Listing Courtesy
Listing Agent: Jamie A Kitzmiller (#B10594)
Listing Office: Think Real Estate (#TRE1)

Tia BlumReal Estate Group
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  • Roy F Furst

    Licensed Real Estate Broker

    Central Bay Realty

    Phone: (850) 257-5016

    Email: centralbayrealestate@gmail.com
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    Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.