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617 9th Plaza
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PRICED AT ONLY: $183,000

Address: 617 9th Plaza, Panama City, FL 32404

Description

Exceptional investment opportunity in the heart of Parker! Whether you're expanding your rental portfolio or securing a property with immediate income potential, this well maintained home deserves a closer look. Major system updates provide added confidence, including a new water heater installed in February 2025 and an HVAC system replaced in 2018. Double pane windows enhance efficiency, and the formal dining room adds functional living space that appeals to long term tenants. The property is tenant occupied with a lease in place through 12/15/2026, offering established rental income from day one. Location is a standout feature, approximately 5 miles (about 9 minutes) to Tyndall Air Force Base and just minutes to everyday conveniences, shopping, and dining. Enjoy close proximity to beloved local amenities including: Parker Sports Complex, Parker Environmental Exploratorium Park, Under the Oaks Park, Nearby boat ramps and fishing piers, This location supports both lifestyle appeal and rental stability, a combination investors consistently seek. Buyer to verify all measurements and information deemed important.

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  • MLS#: 785417 ( Residential )
  • Street Address: 617 9th Plaza
  • Viewed: 9
  • Price: $183,000
  • Price sqft: $150
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 1216
  • Bedrooms: 3
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 13

Description

Exceptional investment opportunity in the heart of Parker! Whether you're expanding your rental portfolio or securing a property with immediate income potential, this well maintained home deserves a closer look. Major system updates provide added confidence, including a new water heater installed in February 2025 and an HVAC system replaced in 2018. Double pane windows enhance efficiency, and the formal dining room adds functional living space that appeals to long term tenants. The property is tenant occupied with a lease in place through 12/15/2026, offering established rental income from day one. Location is a standout feature, approximately 5 miles (about 9 minutes) to Tyndall Air Force Base and just minutes to everyday conveniences, shopping, and dining. Enjoy close proximity to beloved local amenities including: Parker Sports Complex, Parker Environmental Exploratorium Park, Under the Oaks Park, Nearby boat ramps and fishing piers, This location supports both lifestyle appeal and rental stability, a combination investors consistently seek. Buyer to verify all measurements and information deemed important.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Patio
  • Fencing: Fenced, Partial
  • Living Area: 0.00
Land Information
  • Lot Features: Paved
School Information
  • High School: Rutherford
  • Middle School: Rutherford Middle
  • School Elementary: Parker
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer
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
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricOven, ElectricWaterHeater
  • Legal Description: LAKE DRIVE HEIGHTS LOT 2 BLK B ORB 4669 P 375
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 25296-000-000
  • Style: Other
  • The Range: 0.00
Nearby Subdivisions
[no Recorded Subdiv]   Avondale Estates   Barrett's Park   Baxter Subdivision   Bayou Estates   Black Oak Ridge   Brentwoods Phase Iii   Bridge Harbor   Brighton Oaks   Bylsma Manor Estates   C A Taylor's 2nd Addition Cala   Ca Taylors 2nd Add   Callaway   Callaway Bayou Est   Callaway Bayou Estates Unit 2   Callaway Chase   Callaway Corners   Callaway Forest   Callaway Forest U-1   Callaway Homes   Callaway Point   Callaway Shores U-1   Callaway Southeast   Cedar Park Ph I   Cedar Park Ph Ii   Cherokee Heights   Cherry Grove Townhomes   Cherry Hill Unit 1   Cherry Hill Unit 3   College Station Phase 1   College Station Phase 3   Colonial Est.   Deer Point Cove   Deer Point Lake   Deerpoint Estates   Donalson Point   East Bay Park   East Bay Park 2nd Add   East Bay Preserve   Eastgate Sub Ph Ii   Florida Hwy Estates N   Forest Shores   Game Farm   Garden Cove   Gilbert Lake Est. U-1   Gilbert-pkr Add-pt Don   Grimes Callaway Bayou Est U-2   Grimes Callaway Bayou Est U-6   Hannover Estates   Harvey Heights   Heritage Woods   Hickory Park   Highpoint   Hiland Hills   Horne Memory Plat   Kendrick Manor   Laird Point   Lake Drive Heights   Lakeview Heights   Lakewood Manor U-1 Rep   Lane Mobile Home Est U-1   Lannie Rowe Lake Estates U-7   Lannie Rowe Lake Estates U-8   Lannie Rowe Lake Ests   Liberty   Lillian Carlisle Plat   Maegan's Ridge   Magnolia Ridge   Manors Of Magnolia Hills   Mariners Cove   Mars Hill   Martin Bayou Estates   Mashburns 1 Add To Parker   Mill Point   Morningside   N/a   No Named Subdivision   Oak Lane Phase #1   Olde Towne Village   Park Place Phase 1   Parkbrook   Pelican Point   Pine Wood Grove   Pine Woods Phase 2   Pinewood Grove Unit 2   Plantation Point   Rachels Landing   Sandy Creek   Sandy Creek & Country Club Pha   Sandy Creek Ranch And Country    Sentinel Point   Shadow Bay Unit 2   Shadow Bay Unit 5   Shadow Bay Unt 3 & 4   Springlake   St And Bay Dev Co   Sunbay Townhouses   Sunrise At East Bay   Sweetwater Village S Ph I   Thousand Oaks   Tidewater Estates   Titus Park   Towne & Country Lake Estates   Turkey Run   Tyndall Station   Vernon Kendrick   Village Of Mill Bayou/shorelin   W H Parker   Waters Edge   Wh Parker  
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