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  • Price$1,075,000
  • Beds8
  • Baths8
  • SQ. Feet4,288
  • Acres0.22
  • Built2016

1211 Stephen Drive, Panama City

*** ATTENTION INVESTORS *** *** SUPER MODERN QUADPLEX *** * Fully rented currently producing $96K/year with 4 long-term leases, and security deposits! Short-term rentals projections over $144K/year! Very low insurance, taxes, and management cost represents an amazing Cap rate!* Over $200k in upgrades...Completely renovated with top of the line! 8beds/8baths. New kitchen cabinets, Quartz countertops, new tile flooring in all 4 units including stairs, new recessed lighting trough out, freshly painted, new bathrooms, laundry rooms, landscaping, and much more!!!* Excellent central location close to the beach, St. Andrews Bay, downtown, and Tyndall Air Force base! * ONLY Full price offers; no appraisal contingency will be entertained.* Call now, it won't last!!!

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Essential Information

  • MLS® #755127
  • Price$1,075,000
  • Bedrooms8
  • Bathrooms8.00
  • Full Baths8
  • Square Footage4,288
  • Acres0.22
  • Year Built2016
  • TypeResidential
  • Sub-TypeQuadruplex
  • StatusActive

Amenities

  • UtilitiesElectricity Available, Sewer Available, Water Available, Trash Collection, Yard Maintenance
  • FeaturesLandscaped
  • ParkingAssigned, Parking Lot
  • GaragesAssigned, Parking Lot

Exterior

  • ExteriorBrick
  • Exterior FeaturesDeck
  • Lot DescriptionLandscaped
  • RoofShingle
  • ConstructionBrick

Additional Information

  • Date ListedApril 2nd, 2024

Community Information

  • Address1211 Stephen Drive
  • Area02 - Bay County - Central
  • Subdivision[No Recorded Subdiv]
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32405

Interior

  • InteriorTile
  • Interior FeaturesNew Paint, Remodeled, Recessed Lighting, Kitchen Island
  • AppliancesElectric Range, Refrigerator
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories2

School Information

  • ElementaryNorthside
  • MiddleJinks
  • HighBay

Listing Details

  • Listing OfficeRed Real Estate Associates, LL

Price Change History for 1211 Stephen Drive, Panama City, FL (MLS® #755127)

Date Details Price Change
Price Reduced (from $1,100,000) $1,075,000 $25,000 (2.27%)
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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