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  • Price$1,600,000
  • Beds19
  • Baths12
  • SQ. Feet10,000
  • Acres7.50
  • Built1972

4340 College Station, Panama City

Multi Family Investment Opportunity. Property consists of 6 Detached Single Family homes on approximately 7.5 acres of land in central Panama City, Florida. The property also includes additional lots to build more homes. There are currently 4 homes on College Station Rd. and 2 homes on private drive behind front 4 homes. This property is located right off Hwy 231 at the intersection E. Hwy 390 and Hwy 231. The neighborhood is only about 10 minutes to 23rd St shopping corridor. This is a great investment package for investors looking to increase their real estate portfolio. The property addresses included in the sale are 4347 College Station Rd, 4350 College Station Rd, 4400 College Station Rd, 4402 College Station Rd, 4403 College Station Rd. and 4415 College Station Rd. Current monthly rental income on 5 homes is $8,945. One of the homes (4403 College Station) needs repairs (interior gutted) and is not currently rented.

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Essential Information

  • MLS® #748408
  • Price$1,600,000
  • Bedrooms19
  • Bathrooms12.00
  • Full Baths12
  • Square Footage10,000
  • Acres7.50
  • Year Built1972
  • TypeResidential
  • Sub-TypeMulti Family
  • StatusActive

Amenities

  • UtilitiesElectricity Available, Septic Available, Water Available, Cable Available, Phone Available
  • FeaturesInterior Lot, Cleared
  • ParkingGarage
  • # of Garages12
  • GaragesGarage

Exterior

  • Lot DescriptionInterior Lot, Cleared
  • WindowsDouble Pane Windows
  • RoofComposition, Shingle
  • FoundationSlab

Additional Information

  • Date ListedOctober 26th, 2023

Community Information

  • Address4340 College Station
  • Area02 - Bay County - Central
  • Subdivision[No Recorded Subdiv]
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32404

Interior

  • InteriorPlank, Vinyl
  • Interior FeaturesRecessed Lighting, Split Bedrooms
  • AppliancesDishwasher, Electric Oven, Refrigerator, Electric Cooktop, Electric Water Heater
  • HeatingCentral, Electric
  • CoolingCentral Air, Ceiling Fan(s), Electric
  • # of Stories1

School Information

  • ElementaryTommy Smith
  • MiddleMerritt Brown
  • HighBay

Listing Details

  • Listing OfficeColdwell Banker Realty
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DISCLAIMER: IDX information is provided exclusively 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. Information Source: Bay County Association Of REALTORS® Multiple Listing Service