$1,270,000
Panama City, FL 32405
MLS# 709512
Status: Sold
15 beds | 13 baths | 7120 sqft
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Property Description
Please ask your agent for updated information sheet showing monthly income / expenses. 5-Duplexes Blue/Red/Grey/Yellow (1bd/1ba), Green (2bd/1ba) and 1-Triplex that was completely renovated (1bd/1ba), this triplex is the original building with pexline water and cast iron sewer. The duplexes are brand new and have PVC sewer and pexline water. That is a Total of 13 doors in all. 11-units paying $900/month on the 1bd units and $1200/month on the 2 - 2bd units. All units tenant occupied. All the new units have central HVAC and brand new appliances. On-Site Rental Manager. Section 8 approved.
Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Section: 34
Township: 3S
Range: 14W
Contract Info
List Price/SqFt: 189.61
Status: Sold
List Date: 2021-03-24
List Price: $1,350,000
Current Price: $1,270,000
Location
Sub Area: 0201 - Bay - Central NE
Community/Resort: None
Waterfront: No
Elementary School: Cedar Grove
Middle School: Mowat
High School: Bay
Directions: From Hwy 98 and Sherman, head North on Sherman, turn left at Sherman. (5) Duplexes and (1) Triplex on the left just behind the commercial lot on the corner of Sherman & 17th Street.
Area: 02 - Bay County - Central
Street #: 2228
Street Direction: E
Street Name: 17th
Street Suffix: Street
State: FL
Zip Code: 32405
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 14740-040-000, 020-010, 020-000, 022-000, 021-000
Legal Description: Multi parcel / Parcel ID's: 14740-040-000, 14740-020-010, 14740-020-000, 14740-022-000, 14740-021-000.
General Property Info
Acreage: 0.96
Design: N/A
Lot Size (SqFt): 41818
Apx SqFt(Htd/Cooled): 7120
Construction Status: Under Construction
SqFt Source: Owner Measured
# of Stories in Building: 1
Lot Dimensions: 300x140
Garage Y/N: No
Beach Frontage: 300
Driveway Spaces: 140
Sub-Type: Multi Family
Bedrooms: 15
Full Baths: 13
Total Baths: 13
Year Built: 2021
Remarks & Misc
Remarks: Please ask your agent for updated information sheet showing monthly income / expenses. 5-Duplexes Blue/Red/Grey/Yellow (1bd/1ba), Green (2bd/1ba) and 1-Triplex that was completely renovated (1bd/1ba), this triplex is the original building with pexline water and cast iron sewer. The duplexes are brand new and have PVC sewer and pexline water. That is a Total of 13 doors in all. 11-units paying $900/month on the 1bd units and $1200/month on the 2 - 2bd units. All units tenant occupied. All the new units have central HVAC and brand new appliances. On-Site Rental Manager. Section 8 approved.
Status Change Info
Sold Price/SqFt: 178.37
Sold Price/Acre: 1322916.67
Under Contract Date: 2022-08-09
Sold Date: 2022-10-19
Sold Price: $1,270,000
Appliances
Free-Standing Electric Range: 1
Free-Standing Refrigerator: 1
Water Heater - Electric: 1
Construction/Siding
Frame: 1
Roof - Composite Shngl: 1
Siding - Hardie Board: 1
Exterior
Fenced Lot-Part: 1
Financing
Cash: 1
Conventional: 1
Seller Financing: 1
Furnished
Unfurnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Access
Paved Road: 1
Parking Features
Driveway: 1
Present Zoning
Commercial: 1
Rooms
Bedroom: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Utilities
Garbage: 1
Public Sewer - Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Full Bathroom
First: 1
Bedroom
First: 1
Cooling
Central Air: 1
Electric: 1
Floors in Unit/Home
One: 1
Property Features
Appliances: Free-Standing Electric Range; Free-Standing Refrigerator; Water Heater - Electric
Full Bathroom: First
Bedroom: First
Cooling: Central Air; Electric
Exterior: Fenced Lot-Part
Financing: Cash; Conventional; Seller Financing
Furnished: Unfurnished
Kitchen: First
Living Room: First
Lot Access: Paved Road
Parking Features: Driveway
Rooms: Bedroom; Full Bathroom; Kitchen; Living Room
Sale Type: As Is
Utilities: Garbage; Public Sewer - Connected; Water Connected
Present Zoning: Commercial
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Kitchen | First | 12 x 17 | 12.00 | 17.00 | 12 x 17 | Kitchen / living (2-bed units) |
| Bedroom | First | 13.3 x 10.4 | 13.30 | 10.40 | 13.3 x 10.4 | (2-bed units) |
| Full Bathroom | First | 5 x 7.5 | 5.00 | 7.50 | 5 x 7.5 | (2-bed units) |
| Bedroom | First | 11.8 x 12 | 11.80 | 12.00 | 11.8 x 12 | (2-bed units) |
| Kitchen | First | 12 x 17 | 12.00 | 17.00 | 12 x 17 | (2-bed units) |
| Bedroom | First | 13.3 x 10.4 | 13.30 | 10.40 | 13.3 x 10.4 | (2-bed units) |
| Full Bathroom | First | 5 x 7.5 | 5.00 | 7.50 | 5 x 7.5 | (2-bed units) |
| Bedroom | First | 11.8 x 12 | 11.80 | 12.00 | 11.8 x 12 | (2-bed units) |
| Living Room | First | 9.8 x 19 | 9.80 | 19.00 | 9.8 x 19 | living/kitchen(1-bed units) |
| Bedroom | First | 8.5 x 18.8 | 8.50 | 18.80 | 8.5 x 18.8 | (1-bed units) |
| Full Bathroom | First | 9.7 x 8 | 9.70 | 8.00 | 9.7 x 8 | |
| Living Room | First | 9.8 x 19 | 9.80 | 19.00 | 9.8 x 19 | (1-bed units) |
| Bedroom | First | 8.5 x 18.8 | 8.50 | 18.80 | 8.5 x 18.8 | (1-bed units) |
| Full Bathroom | First | 9.7 x 5 | 9.70 | 5.00 | 9.7 x 5 | (1-bed units) |
| Living Room | First | 9.8 x 19 | 9.80 | 19.00 | 9.8 x 19 | (1-bed units) |
Listing Office: Coldwell Banker Realty
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.