- Price$1,495,000
- Acres2.14
- Built1983
5115 E 10th Street, Panama City
Unique opportunity to add an excellent asset to your rental portfolio. Featuring 12 townhomes total the property boasts 11 two bedroom, 1.5 bath and 1 three bedroom 2.5 bath townhome. Featuring over 2 acres of land the property offers an opportunity for future expansion/development. Current ownership has completely renovated 3 of the 12 units - now achieving $1',250/month thus showing proof of concept for the next investor to complete the process. All units are separately metered for water/electric with tenant responsibility for utilities. Rare opportunity in a rapidly growing Florida market.
Essential Information
- MLS® #756003
- Price$1,495,000
- Bathrooms0.00
- Acres2.14
- Year Built1983
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
Amenities
- UtilitiesElectricity Available, Sewer Available, Water Available
School Information
- ElementaryParker
- MiddleEveritt
- HighRutherford
Listing Details
- Listing OfficeCENTURY 21 Commander Realty
Community Information
- Address5115 E 10th Street
- Area02 - Bay County - Central
- SubdivisionNo Named Subdivision
- CityPanama City
- CountyBay
- StateFL
- Zip Code32404
Interior
- Stories2
Additional Information
- Date ListedApril 22nd, 2024
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