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1116 Mercedes Avenue
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PRICED AT ONLY: $570,000

Address: 1116 Mercedes Avenue, Panama City, FL 32401

Description

New construction townhomes, 2/2 933 sqft each. projected to rent for $1550 1650 per unit. Estimated 7 8 cap rate. Pro Forma PnL available upon request.

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  • MLS#: 777837 ( CommercialSale )
  • Street Address: 1116 Mercedes Avenue
  • Viewed: 47
  • Price: $570,000
  • Price sqft: $204
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 2799
  • Days On Market: 150

Description

New construction townhomes, 2/2 933 sqft each. projected to rent for $1550 1650 per unit. Estimated 7 8 cap rate. Pro Forma PnL available upon request.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Property Information
  • Property Condition: NeverOccupied
School Information
  • High School: Bay
  • Middle School: Mowat
  • School Elementary: Cedar Grove
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Utilities: SewerAvailable
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: 4 4S 14W -69- 69A BEG 495' N OF SW COR OF SE1/4 OF NE1/4 TH E 120 N 99' W 120' S 99' TO POB ORB 738 P 769 ORB 2002 P 428 ORB 2002 P 426
  • Area Major: 02 - Bay County - Central
  • Parcel Number: 16529-000-000
  • Possible Use: Commercial
  • The Range: 0.00
  • Views: 47
Nearby Subdivisions
[no Recorded Subdiv]   Bayview Add   Caroline Add Unit 2   No Named Subdivision   Pine-lea 3rd Add   Segler   Skyland   St Andrews Harbour   Thompson  
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