2228 E 17th St, PANAMA CITY

$1,600,000

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15 Beds
13 Baths
7,120 Sqft
.96 Acre
0 Garage

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.

Essential Information

Status
Active
MLS® #
949535
Price
$1,600,000
Days On Website
39
Bedrooms
15
Bathrooms
13.00
Full Baths
13
Square Footage
7,120
Acres
0.96
Year Built
2020
Type
Residential
Sub-Type
Attached Single Unit
Style
Duplex

Community Information

Address
2228 E 17th St
Area
Bay County
SubArea
2701 - Bay - Central NE
Subdivision
No Named Subdivision
City
PANAMA CITY
County
BAY
State
FL
Zip Code
32405

Utilities

Electric Available, Public Sewer Available, Public Water Available

Interior

Cooling
A/C: Central Electric
# of Stories
1

School Information

Elementary
CEDAR GROVE
Middle
Mowat
High
BAY

Additional Information

Days on Website
39
Zoning
Residential Multi-Family
HOA Fees
0.00

Office

Scenic Sotheby's International Realty

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Listing information last updated on June 18th, 2024 at 4:45pm CDT.