4480 E Highway 98, Panama City, FL 32404 (MLS# 754439)

HOA Fee: No

New Buyer Fee: No

Last Taxes: 5488

Last Tax Year: 2023

Brokerage Interest: No Interest

As Is: Yes

List Price/SqFt: 226.34

Status: Sold

List Date: 2024-03-18

List Price: $2,200,000

Current Price: $1,750,000

Sub Area: 0202 - Bay - Central SE

Community/Resort: None

Waterfront: No

Elementary School: Parker

Middle School: Rutherford Middle

High School: Rutherford

Directions: Hwy 98 E from Panama City towards Tyndall AFB. Property is on the right

Area: 02 - Bay County - Central

Street #: 4480

Street Direction: E

Street Name: Highway 98

State: FL

Zip Code: 32404

County: Bay

Subdivision: Horne Memory Plat

Parcel ID: 25741-002-000

Legal Description: HORNE MEMORY PLAT (2.21) 119C1 BEG SW COR LOT 2 THENCE NELY 207.43' NWLY 83.89' SWLY 197.04' SELY 81.57' TO POB TOGETHER WITH 20' ESMNT FOR INGRESS/EGRESS BLK 6 **ALSO** BEG 207.75' NWLY OF SW COR LOT 2 BLK 6 TO SLY R/W LI US HWY 98 & 21.24' E ALG R/W FOR POB TH CONT E 153.90' SELY 2.92' SWLY 37.90' ALG CURVE TH SWLY 102.66' TH NWLY ALG CURVE 33.79' NWLY 73.9

Design: N/A

Apx SqFt(Htd/Cooled): 9720

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 85x210

New Construction: No

Garage Y/N: No

Sub-Type: Multi Family

Bedrooms: 20

Full Baths: 15

Total Baths: 15

Year Built: 1983

Remarks: RARE opportunity to own 10(TEN) 2 bedroom/ 1.5 bath townhomes complete with an additional parcel! Each unit has a separate address and meter making it EASY to manage. Currently used as a mixture of short term rentals, mid-term rentals, staff housing and storage. The proximity to Tyndall AFB, Mexico Beach, Panama City and Panama City Beach make this a DON'T MISS. Owner financing may be an option with a sizable down payment and agreeable terms. Do not disturb guests/tenants. BUYER TO VERIFY ALL INFORMATION DEEMED IMPORTANT. Most furnishings convey. Photos are from one unit. Floor plans are same but furnishings and finishes vary.

Sold Price/SqFt: 180.04

Under Contract Date: 2025-01-10

Sold Date: 2025-06-17

Sold Price: $1,750,000

Cash: 1

Conventional: 1

Lease Option: 1

Seller Financing: 1

Partially: 1

Resid Multi-Family: 1

Bedroom: 1

Master Bedroom: 1

Public Sewer - Connected: 1

Water Connected: 1

Second: 1

Second: 1