2228 E 17th ST Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32405
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,120 sqft
Price per Sqft $210
Subdivision No Named Subdivision
MLS Listing ID 756905
Bedrooms 15
Full Baths 13
Year Built 2020
Annual Tax Amount $11,557
Tax Year 2023
Lot Size 0.960 Acres
Property Description
Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Cooling Central Air,Electric
Exterior
Garage Driveway
Utilities Available Water Connected
Waterfront No
Roof Type Composition,Shingle
Schools
Elementary Schools Cedar Grove
Middle Schools Mowat
High Schools Bay
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional