2228 E 17th ST Pending

Panama City,FL 32405

$ 1500000

15 Beds

13 Baths

7120 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 7,120 sqft

Price per Sqft $210

Subdivision No Named Subdivision

MLS Listing ID 756905

Bedrooms 15

Full Baths 13

HOA Y/N No

Year Built 2020

Annual Tax Amount $11,557

Tax Year 2023

Lot Size 0.960 Acres

Acres 0.96

Property 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.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Cooling Central Air,Electric

Furnishings Unfurnished

Fireplace No

Appliance Electric Cooktop,Electric Oven,Electric Water Heater,Refrigerator

Exterior

Garage Driveway

Utilities Available Water Connected

Waterfront No

Roof Type Composition,Shingle

Schools

Elementary Schools Cedar Grove

Middle Schools Mowat

High Schools Bay

Others

Tax ID 14740-040-000, 020-010, 020-000, 022-000, 021-000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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