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  • 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
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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