$1,350,713
Panama City Beach, FL 32408
MLS# 743536
Status: Sold
8 beds | 8 baths | 3500 sqft
1 / 22
Property Description
***Multiple offers. Highest and best due by 5pm July 6*** Short term quadplex located across the street from the beach and public access. This multifamily complex has a pool and NO HOA. Each of the four units features 2 bedrooms and 2 full baths. Turn key rental machine. Construction is all brick with 2 layers of elastomeric stucco and elastomeric paint. Roof is 2019 and metal composite shingle. All water heaters replaced in 2021. Windows and doors were replaced under current ownership. Floors have all been updated to LVP with thicker rubber backing. Parking lot features 10 spots, 2 per unit, and two extra for vendors or overflow. Property is very low maintenance having no grass or need for lawn service. Financials available upon request. This is the opportunity to own your own condo complex and avoid rising HOA fees and assessments.
Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2800
Last Tax Year: 2022
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 398.57
Status: Sold
List Date: 2023-07-03
List Price: $1,395,000
Current Price: $1,350,713
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Thomas Drive between Treasure Island and Seychelles
Area: 03 - Bay County - Beach
Street #: 5012
Street Name: Gulf
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 32256-040-000
Legal Description: GULFSIDE CONDO APT 4 ORB 494 P 370 2BR 2B 688 H&C ORB 4469 P 2360 .
General Property Info
Design: N/A
Apx SqFt(Htd/Cooled): 3500
Construction Status: Construction Complete
SqFt Source: Owner Measured
# of Stories in Building: 2
# of Units in Bldg: 4
Lot Dimensions: 112x80
Garage Y/N: No
Sub-Type: Quadplex Multi-Units
Bedrooms: 8
Full Baths: 8
Total Baths: 8
Year Built: 1973
Remarks & Misc
Remarks: ***Multiple offers. Highest and best due by 5pm July 6*** Short term quadplex located across the street from the beach and public access. This multifamily complex has a pool and NO HOA. Each of the four units features 2 bedrooms and 2 full baths. Turn key rental machine. Construction is all brick with 2 layers of elastomeric stucco and elastomeric paint. Roof is 2019 and metal composite shingle. All water heaters replaced in 2021. Windows and doors were replaced under current ownership. Floors have all been updated to LVP with thicker rubber backing. Parking lot features 10 spots, 2 per unit, and two extra for vendors or overflow. Property is very low maintenance having no grass or need for lawn service. Financials available upon request. This is the opportunity to own your own condo complex and avoid rising HOA fees and assessments.
Status Change Info
Sold Price/SqFt: 385.92
Under Contract Date: 2023-07-07
Sold Date: 2023-08-11
Sold Price: $1,350,713
Pool Features
Inground: 1
Furnished
Furnished: 1
Rooms
Bedroom: 1
Utilities
All Utilities: 1
Waterview
Gulf: 1
Bedroom
First: 1
Second: 1
Property Features
Bedroom: First; Second
Furnished: Furnished
Pool Features: Inground
Rooms: Bedroom
Utilities: All Utilities
Waterview: Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 24 - 2024
Information deemed reliable but not guaranteed.