$1,350,713
$1,395,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
5012 Gulf DR Panama City Beach, FL 32408
8 Beds
8 Baths
3,500 SqFt
Key Details
Sold Price $1,350,713
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $385
Subdivision No Named Subdivision
MLS Listing ID 743536
Sold Date 08/11/23
Bedrooms 8
Full Baths 8
HOA Y/N No
Year Built 1973
Annual Tax Amount $2,800
Tax Year 2022
Property Description
***Multiple offers. Highest and best due by 5pm July 6*** Short term quadplex located across the street from the beach and public access. This multifamily complex has a pool and NO HOA. Each of the four units features 2 bedrooms and 2 full baths. Turn key rental machine. Construction is all brick with 2 layers of elastomeric stucco and elastomeric paint. Roof is 2019 and metal composite shingle. All water heaters replaced in 2021. Windows and doors were replaced under current ownership. Floors have all been updated to LVP with thicker rubber backing. Parking lot features 10 spots, 2 per unit, and two extra for vendors or overflow. Property is very low maintenance having no grass or need for lawn service. Financials available upon request. This is the opportunity to own your own condo complex and avoid rising HOA fees and assessments.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Furnishings Furnished
Fireplace No
Exterior
Pool In Ground
Community Features Short Term Rental Allowed
Waterfront No
View Y/N Yes
View Gulf
Building
Story 2
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 32256-040-000
Financing Cash
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Bought with Keller Williams Success Realty