$1,300,000
$1,450,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
3704 W 23rd ST Panama City, FL 32405
1.3 Acres Lot
Key Details
Sold Price $1,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Bayview Heights
MLS Listing ID 711803
Sold Date 11/01/21
HOA Y/N No
Year Built 2019
Lot Size 1.300 Acres
Acres 1.3
Property Description
GREAT INVESTMENT PROPERTY LOCATED ON WEST 23RD STREET. BUILDING WAS COMPLETELY REBUILT TO LIKE NEW CONDITION AFTER HURRICANE MICHAEL. IT CONSISTS OF 4 UNITS. UNIT 1 IS 1200 SF, UNIT B & C ARE 1800 SF EACH, AND UNIT D IS 2520 SF. ALL ARE LEASED AT $16 PER SF WITH THE EXCEPTION OF UNIT D. IT IS CURRENTLY ACTIVE TO LEASE. THE PARKING LOT WAS ALSO RESURFACED DURING THE REBUILD. PARKING IS AVAILABLE IN FRONT, EAST END, AND AT THE REAR OF THE BUILDING. INCUDED IN THE SALE IS THE VACANT LOT TO THE REAR OF THE BUILDING. IT FRONTS 23RD COURT. ANOTHER BUILDING COULD BE CONSTRUCTED ON THE VACANT LOT. LAND IS 1.3 ACRES. SELLER FINANCING IS OFFERED AT 20% DOWN, 6% INTEREST WITH PAYMENTS BASED ON A 30 YEAR TERM WITH A 10 YEAR BALLOON.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Heating Central, Electric, High Efficiency
Cooling Central Air, Electric, High Efficiency
Fireplace No
Appliance Electric Water Heater
Exterior
Waterfront No
Roof Type Metal
Accessibility Accessible Doors, Accessible Entrance
Building
Entry Level One
Foundation Slab
Level or Stories One
Schools
Elementary Schools Lucille Moore
Middle Schools Jinks
High Schools Bay
Others
Tax ID 27021-000-000
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Financing Seller Financing
Special Listing Condition Listed As-Is
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Bought with Centergate Realty LLC