2228 E 17th Street

Panama City, FL 32405
$1,500,000
7120 sqft | 15 beds | 13 baths | 0.96 acres | #756905
Pending

Description

Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.

  • Property Details
      • Bedrooms:15
      • Bathrooms:13
      • Full Baths:13
      • Acres:0.96
      • Square Feet:7120
      • Property type:Multi-Family
      • Year built:2020
      • Utility features:Water Connected
      • Subdivision:No Named Subdivision
      • Elementary School:Cedar Grove
      • Middle School:Mowat
      • High School:Bay
      • County:Bay
      • Days on Market (Cumulative):189
      • Taxes annual:$11, 557
      • MLS #:756905
      • Cost:1500000
      • Property subtype:MultiFamily
      • MLS #:756905

Location

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Last Updated: . Source: CPAR

Listing Courtesy
Listing Agent: Taylor Moorman
Listing Office: Scenic Sotheby's International Realty

Listing Courtesy (Buyer)
Buyer's Agent: Tristan C Matthews

Tia BlumReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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Company

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Account

  • Roy F Furst

    Licensed Real Estate Broker

    Central Bay Realty

    Phone: (850) 257-5016

    Email: centralbayrealestate@gmail.com
    © 2024 Central Bay Realty & Property Management. All rights reserved.
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    Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. 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.

    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.