FL > Panama City > Gulf Pines U-3
Panama City, FL 32408,2907 Sarah Jean CT
Panama City, FL 32408,2907 Sarah Jean CT
Panama City, FL 32408,2907 Sarah Jean CT
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$1,600,000
Est. payment /mo
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8 Beds
8 Baths
0.71 Acres Lot
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2907 Sarah Jean CT Panama City, FL 32408

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Lee Ann Swartzentruber

Lee Ann Swartzentruber

+1(850) 774-3186

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Gulf Pines U-3

MLS Listing ID 779488

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 2019

Annual Tax Amount $6,116

Tax Year 2024

Lot Size 0.710 Acres

Acres 0.71

Property Sub-Type Quadruplex

Property Description

Attention Investors! Sarah Jean Cottages consists of four 2 bed 2 bath 800 sf cottages and 9 additional buildable lots in this quaint Panama City Beach neighborhood. Short term rentals are allowed and three of the cottages are currently rented on Airbnb with great returns. The fourth unit has a long-term lease. These beautiful properties have open floor plans with laminate flooring throughout, stainless steel appliances, granite countertops in the kitchen, tankless water heaters, tub/shower in guest bathroom and walk in shower in master. There are washers and dryers in the rental units. Paver driveways offer attractive parking. There are two different single story floor plans that have been built, but a two-story option could be built as well in the same footprint. An HOA has been drawn up but not finalized yet. The HOA would need to be established if the buyer wanted to sell the cottages individually. The common areas to maintain are the road, lift station and common grounds. The seller has done all of the needed development work except for installing electrical pedestals for the last 6 lots. Construction plans are included in the Documents. Survey can be provided. Please note that the two-story house in the back of the property is not part of this sale. Please don't disturb tenants if you drive by. Appointments need to be made to see inside the units. Rental numbers are included in the Documents. This sale includes three parcels: 30197-590-000, 30197-590-004, and 30197-590-014. Just a few minutes from the beach, and close to shopping, restaurants, boat rentals, and attractions such as golf, miniature golf, go-karts, Wonderworks, Ripleys and more!

Location

State FL

County Bay

Area 03 - Bay County - Beach

Interior

Interior Features Window Treatments

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Laminate, Luxury Vinyl Plank

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Driveway

Building

Sewer Lift Station, Public Sewer

New Construction No

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

Tax ID 30197-590-000

Acceptable Financing Cash

Listing Terms Cash

Financing Conventional

Special Listing Condition Listed As-Is

Listed by Keller Williams Success Realty

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Lee Ann Swartzentruber

Lee Ann Swartzentruber

Licensed FL Agent / Team Lead | License ID: 3285613

+1(850) 774-3186

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2907 Sarah Jean CT