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1400 Gulf Avenue 1-10
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PRICED AT ONLY: $949,000

Address: 1400 Gulf Avenue 1-10, Panama City, FL 32401

Description

Exceptional investment opportunity in a strong & growing north Florida market. Featuring 10 one bedroom, one bathroom units the property consistently remains full and provides a high demand niche in the local rental market. Boasting a new roof in 2019 and exterior as well as interior renovations including a full gut on half of the units the property displays meticulous care and resilience. Bay County, FL is experiencing unprecedented population growth since Hurricane Michael in 2018 and continues to do so. A thriving and diverse local economy as well as two military bases ensures a solid investment outlook for years to come.

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  • MLS#: 757928 ( CommercialSale )
  • Street Address: 1400 Gulf Avenue 1-10
  • Viewed: 13
  • Price: $949,000
  • Price sqft: $241
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 3944
  • Days On Market: 224

Description

Exceptional investment opportunity in a strong & growing north Florida market. Featuring 10 one bedroom, one bathroom units the property consistently remains full and provides a high demand niche in the local rental market. Boasting a new roof in 2019 and exterior as well as interior renovations including a full gut on half of the units the property displays meticulous care and resilience. Bay County, FL is experiencing unprecedented population growth since Hurricane Michael in 2018 and continues to do so. A thriving and diverse local economy as well as two military bases ensures a solid investment outlook for years to come.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Northside
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Other, SeeRemarks, WindowUnits
  • Heating: MultiFuel, Other, SeeRemarks, Ceiling
  • Sewer: PublicSewer
  • Utilities: SewerAvailable, WaterAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: SUNNYLAND HEIGHTS LOTS 19 & 20 BLK 1 ORB 4412 P 1486
  • Levels: One
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 18793-000-000
  • Possible Use: MultiFamily
  • The Range: 0.00
  • Unit Number: 1-10
  • Views: 13
Nearby Subdivisions
[no Recorded Subdiv]   E Springfield   Ellis, E.d.   Glenwood Addition   Holmes Add- Millville   No Named Subdivision   Shermans Add   Springfield   St Andrews Harbour   Sudduths 1st Add   Sunnyland Heights   Ware Estate  
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