Panama City Investment Opportunity Near Air Force Base (Off Market)

For Sale, 1,600,000 USD


2228 East 17th Street,

Property Type : Multi-Family Home

Property Style : 1 Level Ranch

Build Size : 7,120 ft² / 661 m²

Land Size : 41,817 ft² / 3,885 m² Convert Land Size

Bedroom : 15

Bathroom : 13

Half Bathroom : 0

MLS#: 756905


Property Description

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, constructed in 2020, 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 recently renovated 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.Multi parcel / Parcel ID's: 14740-040-000, 14740-020-010, 14740-020-000, 14740-022-000, 14740-021-000.
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Panama City Investment Opportunity Near Air Force Base, United States,Florida,Panama City is a 7,120ft² Panama City luxury Multi-Family Home listed for sale 1,600,000 USD. This high end Panama City Multi-Family Home is comprised of 15 bedrooms and 13 baths. Find more luxury properties in Panama City or search for luxury properties for sale in Panama City.