$1,100,000
Panama City, FL 32404
MLS# 712534
Status: Sold
21542 sqft
1 / 7
Property Description
Seller says bring all cash offers! Partial waterfront Income producing properties near Tyndall Air Force Base! Consist of (11) mobile homes with new metal roofs, (2) duplexes, (1) home, (2) mobile home rented lots and (2) vacant mobile home lots. Rentals stay occupied, great location with steady cash flow. Could be redevelopment opportunity in future. Currently grossing over $17k per month, tenants pay own utilities. All information deemed reliable, please verify for accuracy.
Details
Maps
Contract Info
List Price/SqFt: 60.35
List Date: 2021-06-02
List Price: $1,300,000
Current Price: $1,100,000
Sub-Type: Multi-Family
Location
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: Yes
Business Name: Maharaj Rentals
Elementary School: Tyndall
Middle School: Everitt
High School: Rutherford
Section: 25
Directions: Traveling south on Tyndall Parkway, turn right on Cooper Drive right before Tyndall Bridge
Township: 4S
Range: 14W
Area: 02 - Bay County - Central
Street #: 45
Street Direction: W
Street Name: Cooper
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Subdivision: Long Point Park 1st Add
Parcel ID: 26205-000-000
Legal Description: 25 4S 14W -20- BEG 382.8' NWLY OF INT S LINE W COOPER DRIVE & W LINE HWY FOR POB TH SLY 100' NWLY 444.06 M/L NLY 100' ON WATER SELY FOR 444' M/L TO POB ** AND ** LONG PT PARK 1ST ADD LOTS 8, 9, 10, 11 & 12 ORB 4040 P 416/419
General Property Info
List Class: Residential Income
Acreage: 1.74
Construction Status: Construction Complete
# of Units: 18
# of Stories in Building: 1
SqFt Tot Bldg: 21542
Year Built: 1999
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Seller says bring all cash offers! Partial waterfront Income producing properties near Tyndall Air Force Base! Consist of (11) mobile homes with new metal roofs, (2) duplexes, (1) home, (2) mobile home rented lots and (2) vacant mobile home lots. Rentals stay occupied, great location with steady cash flow. Could be redevelopment opportunity in future. Currently grossing over $17k per month, tenants pay own utilities. All information deemed reliable, please verify for accuracy.
Status Change Info
Sold Price/SqFt: 51.06
Sold Price/Acre: 632183.91
Status: Sold
Under Contract Date: 2021-09-01
Sold Date: 2021-10-14
Sold Price: $1,100,000
Waterfront Type
Bay/Harbor: 1
Floors in Unit/Home
One: 1
Property Features
Waterfront Type: Bay/Harbor
Listing Office: Eagle American Realty Group LLC
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.