3900 W 17th st, Panama City FL 32401

  • $550,000

Description

Attention investors and/or owner 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.
Zoning and lot size allow for building additional units.
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%

 

Details

  • Price: $550,000
  • Taxes Yearly: $5242
  • Year Built: 1950
  • Property Type: Single Family
  • HOA Dues: $
  • Tax-Folio: 28385-000-000

Additional details

  • Flooring: Vinyl
  • Heating: Central
  • Cooling: Central Air
  • Roof Type: Shingle
  • Construction: Frame
  • Status: Closed
  • Closed Date: 2024-12-09

Features

Appliances & Equipment's:
Association Amenities:
Interior Features:
Parking Features:
Pool Features:

Address

  • Location 3900 W 17th st
  • Zip Code 32401

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