$1,400,000
Panama City Beach, FL 32408
MLS# 727686
Status: Sold
16 beds | 8 baths | 6720 sqft
1 / 10
Property Description
FANTASTIC RENTAL INVESTMENT OPPORTUNITY! This property consists of 4 (four) duplexes or 8 units that are 2 Bedrooms1 Bath per unit. All four buildings are: 9012/9014 Houston St, 9016/9018 Houston St, 9020/9022 Houston St, and 9024/9026 Houston St. All units are currently on long term leases with varied ending dates. These units are a short distance to the beach, shopping and dining. They have vaulted ceilings, kitchen/dining room combo, breakfast bar, washer and dryer hook ups, and sliding glass doors off of the master with a small patio. Photos on listing are of one unit, and used as an example. Per Bay County, with regards to short term rentals, are zoned ''not preferred but no prohibited''. Please call Bay County Planning and Zoning for further information. Each
Details
Maps
Listing Info, Tax and Legal
Homestead: No
HOA Fee: No
Is Subject Leased: Yes
New Buyer Fee: No
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 252.98
Status: Sold
List Date: 2022-06-07
List Price: $1,700,000
Current Price: $1,400,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: West on Hwy 98, left on Allison, right on Houston Street. Duplexes are on your right starting at 9012. All four buildings are:
9012/9014 Houston St, 9016/9018 Houston St, 9020/9022 Houston St, and 9024/9026 Houston St.
Area: 03 - Bay County - Beach
Street #: 9012-9026
Street Name: Houston
Street Suffix: Street
State: FL
Zip Code: 32408
County: Bay
Subdivision: Merglewski Retreats
Parcel ID: 30235-506-000
Legal Description: MERGLEWSKI RETREATS 58B2 LOT 6 ORB 2059 P 2012
MERGLEWSKI RETREATS 58B2 LOT 7 ORB 2020 P 1628 ORB 2059 P 2018
MERGLEWSKI RETREATS 58B2 LOT 8 ORB 2020 P 1707 ORB 2059 P 2014
MERGLEWSKI RETREATS 58B2 LOT 9 ORB 2020 P 1650 ORB 2059 P 2016
General Property Info
Floor Number: 1
Acreage: 1
Design: Duplex
Lot Size (SqFt): 43680
Apx SqFt(Htd/Cooled): 6720
Immediate Occupancy: No
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
# of Units in Bldg: 2
Pre-Const Flip: No
Lot Dimensions: 208x210
Garage Y/N: No
Driveway Spaces: 2
Sub-Type: Duplex Multi-Units
Bedrooms: 16
Full Baths: 8
Total Baths: 8
Year Built: 2011
Remarks & Misc
Remarks: FANTASTIC RENTAL INVESTMENT OPPORTUNITY! This property consists of 4 (four) duplexes or 8 units that are 2 Bedrooms1 Bath per unit. All four buildings are: 9012/9014 Houston St, 9016/9018 Houston St, 9020/9022 Houston St, and 9024/9026 Houston St. All units are currently on long term leases with varied ending dates. These units are a short distance to the beach, shopping and dining. They have vaulted ceilings, kitchen/dining room combo, breakfast bar, washer and dryer hook ups, and sliding glass doors off of the master with a small patio. Photos on listing are of one unit, and used as an example. Per Bay County, with regards to short term rentals, are zoned ''not preferred but no prohibited''. Please call Bay County Planning and Zoning for further information.
Each
Status Change Info
Sold Price/SqFt: 208.33
Sold Price/Acre: 1400000
Under Contract Date: 2022-10-28
Sold Date: 2022-12-15
Sold Price: $1,400,000
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Oven - Electric: 1
Range - Electric: 1
Interior Features
Ceiling - Vaulted: 1
Floor - Vinyl: 1
Construction/Siding
Foundation - Slab on Grade: 1
Roof - Shingle/Shake: 1
Existing Leases
7 - 12 Months: 1
Furnished
Unfurnished: 1
Lot Features
Cleared: 1
Lot Access
Paved Road: 1
Parking Features
Driveway: 1
Rooms
Bedroom: 1
Living Room: 1
Primary Bathroom: 1
Utilities
All Utilities: 1
Cooling
Central Air: 1
Heating
Central: 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Oven - Electric; Range - Electric
Cooling: Central Air
Heating: Central
Existing Leases: 7 - 12 Months
Furnished: Unfurnished
Lot Features: Cleared
Lot Access: Paved Road
Parking Features: Driveway
Rooms: Bedroom; Living Room; Primary Bathroom
Utilities: All Utilities
Supplements
duplex can be purchased individually.
Room Information
| Room Name | Dimensions | Length | Width | Dimensions |
| Master Bathroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Master Bathroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Master Bathroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Master Bathroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Master Bathroom | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
| Bedroom | 9 x 10 | 9.00 | 10.00 | 9 x 10 |
| Living Room | 18 x 10 | 18.00 | 10.00 | 18 x 10 |
| Living Room | 18 x 10 | 18.00 | 10.00 | 18 x 10 |
| Living Room | 18 x 10 | 18.00 | 10.00 | 18 x 10 |
| Living Room | 18 x 10 | 18.00 | 10.00 | 18 x 10 |
| Living Room | 18 x 10 | 18.00 | 10.00 | 18 x 10 |
| Living Room | 18 x 10 | 18.00 | 10.00 | 18 x 10 |
Listing Office: iLeaseIt
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.