$55,000
$60,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
2815 E 16th ST Panama City, FL 32405
0.28 Acres Lot
Key Details
Sold Price $55,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 748324
Sold Date 01/26/24
HOA Y/N No
Annual Tax Amount $248
Tax Year 2023
Lot Size 0.280 Acres
Acres 0.28
Property Description
Discover a remarkable investment opportunity in the heart of Panama City, FL. This generously sized lot, measuring an impressive 60x198 feet, is located at 2811 E 16th Street, offering a world of potential for savvy investors.Situated in a prime location, this property provides easy access to amenities and attractions, making it an ideal choice for both seasoned real estate investors and those new to the market.One of the standout features of this lot is its zoning--R2. This zoning allows for the construction of duplexes, unlocking a myriad of investment possibilities. Whether your vision involves building a duplex for rental income, as a personal residence, or for future resale, this zoning provides you with the flexibility to make it a reality.With an expansive 60x198-foot lot, you have the space to create a truly exceptional property, limited only by your imagination.Also adjacent lots at 2815 E 16th Street, 2817 E 16th Street, and 2821 E 16th Street, all of the same size and zoning, are also available for sale. This presents a unique opportunity for those looking to expand their real estate portfolio or invest in multiple properties within the same area.Seize this exceptional investment opportunity today. Secure this prime piece of real estate in Panama City, FL, and explore the potential of acquiring the neighboring lots to maximize your investment. Contact us for more information or to schedule a viewing.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Utilities Available Sewer Available, Water Available
Waterfront No
Building
Lot Description Level
Schools
Elementary Schools Cedar Grove
Middle Schools Everitt
High Schools Rutherford
Others
Tax ID 14864-002-010
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Xcellence Realty