Panama City, FL 32405,2815 E 16th ST

$55,000

Est. payment /mo

$60,000

8.3%
Est.Price: ?

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2815 E 16th ST Panama City, FL 32405

0.28 Acres Lot

SOLD DATE : 01/26/2024

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

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Listed by EXP Realty LLC
Bought with Xcellence Realty

Candi & Brad

Real Estate Advisors | License ID: SL3434249 & SL3156311

+1(850) 919-2299

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