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3900 W 17th St Panama City, FL 32401
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Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Bayview Add
MLS Listing ID 760978
Sold Date 12/09/24
Bedrooms 7
Full Baths 6
Half Baths 1
HOA Y/N No
Year Built 1950
Annual Tax Amount $5,242
Tax Year 2023
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type Multi Family
Property Description
Attention investors and/orowner occupants. This excellent investment opportunity awaits you in the
heart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zoned
multifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5
bathrooms, and a triplex with 3 one bedroom one bath apartments.
Separate water and electric meters for both structures. The main home has a mother-in-law quarters that
can also be separated to give a total of 5 rentals.
Fiberglass pool with saltwater system
Large lot with room for your ATV, boat or jet skis
2 car garage
Rental income of $5500-$6500/month, excellent Cap rate of at least 8%
SEE PROPERTY INCOME/EXPENSES ATTACHED IN DOCUMENTS
Seller is motivated, bring all offers!
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Heating Central, Electric, Fireplace(s)
Cooling Central Air, Ceiling Fan(s), Multi Units, Separate Meters, Window Unit(s), Wall Unit(s)
Flooring Hardwood, Luxury Vinyl Plank
Fireplace Yes
Appliance Dryer, Dishwasher, Freezer, Disposal, Washer
Exterior
Parking Features Attached, Garage, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Fence Privacy
Pool Fiberglass, Salt Water
Utilities Available Cable Connected, Electricity Available, Trash Collection, Water Connected
Building
Story 1
Entry Level One
Sewer Public Sewer
Level or Stories One
New Construction No
Schools
Elementary Schools Lucille Moore
Middle Schools Jinks
High Schools Bay
Others
Tax ID 28385-000-000
Acceptable Financing Cash, FHA, VA Loan
Listing Terms Cash, FHA, VA Loan
Financing Conventional
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Bought with Weichert Realtors Rev Group
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