3900 W 17th ST Pending

Panama City,FL 32401

$ 635000

4 Beds

4 Baths

4383 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 4,383 sqft

Price per Sqft $144

Subdivision Bayview Add

MLS Listing ID 761567

Style Bungalow

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1950

Annual Tax Amount $5,242

Tax Year 2023

Lot Size 0.530 Acres

Property Description

Attention investors and/or owner occupants. This excellent investment opportunity awaits you in theheart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zonedmultifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5bathrooms, and a triplex with 3 one bedroom one bath apartments.Zoning and lot size allow for more units to be built. Separate water and electric meters for both structures. The main home has large amounts of open living space, as well as a mother-in-law quarters that can serve as a 5th unit. Fiberglass pool with saltwater systemLarge lot with room for your ATV, boat or jet skis2 car garageRental income of $5500-$6500/month, excellent Cap rate of at least 8%SEE PROPERTY INCOME/EXPENSES ATTACHED IN DOCUMENTSMotivated Seller, bring all offers!

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Heating Electric,Fireplace(s),Separate Meters

Cooling Central Air,Ceiling Fan(s),Electric,Multi Units,Separate Meters,Window Unit(s),Wall Unit(s)

Fireplaces Type Electric

Exterior

Exterior Feature Patio

Garage Attached,Garage,Garage Door Opener,RV Access/Parking

Garage Spaces 2.0

Garage Description 2.0

Fence Privacy

Pool Fiberglass

Community Features Short Term Rental Allowed

Utilities Available Cable Connected,Electricity Connected,Phone Available

Waterfront No

Roof Type Composition,Shingle

Schools

Elementary Schools Lucille Moore

Middle Schools Jinks

High Schools Bay

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

View More
Favorite Go Tour