$870,000
$995,000
12.6%For more information regarding the value of a property, please contact us for a free consultation.
116 N Highway 22 A Panama City, FL 32404
1.15 Acres Lot
Key Details
Sold Price $870,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 753443
Sold Date 04/11/24
HOA Y/N No
Year Built 1969
Lot Size 1.150 Acres
Acres 1.15
Property Description
Excellent income producing multifamily property in the growing Panama City, FL market. Located near Tyndall Air Force Base the property consists of 12 units. All units are 1/1s with average rents of $800-950/month. Each unit is separately metered for water and electric. Landlord responsibilities are limited to lawncare and trash. Most buildings are concrete block helping with insurance premium cost(s).
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront No
Building
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Parker
Middle Schools Everitt
High Schools Rutherford
Others
Tax ID 24546-010-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Hitchcock Real Estate LLC