2228 E 17th St, PANAMA CITY

$1,500,000

15 Beds
13 Baths
7,120 Sqft
.96 Acres
0 Garages

Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience.The duplexes feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.

Essential Information
MLS® #949535
Price$1,500,000
Bedrooms15
Bathrooms13.00
Full Baths13
Square Footage7,120
Acres0.96
Year Built2020
TypeResidential
Sub-TypeAttached Single Unit
StyleDuplex
StatusActive
Last Taxes0.00
Community Information
Address2228 E 17th St
AreaBay County
SubdivisionNo Named Subdivision
CityPANAMA CITY
CountyBAY
StateFL
Zip Code32405
Amenities
PoolCommunity, Private
Utilities

Electric Available, Public Water Available, Public Sewer Available

Interior
CoolingA/C: Central Electric
# of Stories1
School Information
ElementaryCEDAR GROVE
MiddleMowat
HighBAY
Additional Information
Days on Website129
ZoningResidential Multi-Family
HOA Fees0.00
Property History
Price Reduced from $1,600,000 to $1,500,000
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of Scenic Sotheby's International Realty. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on September 16th, 2024 at 8:30am CDT.

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