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MLS # 754355 | $450,000

Panama City Real Estate


Overview

  • Bedrooms: 6
  • Full Baths: 4
  • Half Baths: 0
  • Square Footage: 2376
  • Built: 1940
  • Acreage: 0.5

Location

  • 2123 E 3rd Street
    Panama City, FL 32401
    See On Map
  • County: Bay
  • Area: 02 - Bay County - Central
  • Sub Area: 0202 - Bay - Central SE
  • Subdivision: Welch Add

HIGHLIGHTS

Interior, WasherHookup, DryerHookup

Exterior, Open, Porch

Property Type, MultiFamily

High School, Bay

Middle School, Jinks


DESCRIPTION

Calling Investors! Come see these 4 homes in the historic 3rd St. Millville area. Here you have 4 rental properties or live in 1 house and rent the others. Included is a 3-bedroom 1 bath home and 3 1-bedroom homes of block construction. This property is located just a couple of blocks from the famous Gene's Oyster Bar. The homes and businesses in that main street area have and are rebuilding into a revitalized historic district. In that area is also a brand-new public boat ramp. With the expansion of Tyndall Air Force Base and the continued population growth in Bay County this area is destined to be a great investment opportunity.The leases are as follows:Main House 3 bedroom 1 bath - expired lease 1400.00 per month.1 bedroom cottage 305 lease expires 04/30/2024 800.00 per monthI bedroom cottage 307 lease expires 07-19-24 850.00 per month1 bedroom cottage 309 lease expires 11/30/24 900.00 per month. All homes are on separate utility meters and renters pay their own utilities. The pictures were taken prior to occupancy and may not reflect the current condition. All measurements are approximate and should be verified.

MAP & DIRECTIONS

Driving Directions: Traveling East on Business Highway 98 from Sherman Avenue turn right on College. The property sits on the corner of 3rd St and College.

Listed by Adventure Realty Group LLC | Updated 03/16/2024 16:44:25
Information deemed reliable but not guaranteed. The 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.

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