$650,000

Prime Investment Opportunity In Panama City

  • 9 Beds
  • 8 Baths
  • 4,280 Sqft
  • 11,326 Sqft lot
  • 2
  • MLS#986541

About the Property

This impressive two-story quadplex in Panama City presents a prime investment opportunity. Fully rented and generating $4,950 monthly, this eight-bedroom, nine-bathroom property spans more than 4,280 square feet of heated and cooled space. With a new roof, newer water heaters and updated interiors and exteriors, this property offers both stability and modern amenities. Comprising three two-bedroom
This impressive two-story quadplex in Panama City presents a prime investment opportunity. Fully rented and generating $4,950 monthly, this eight-bedroom, nine-bathroom property spans more than 4,280 square feet of heated and cooled space. With a new roof, newer water heaters and updated interiors and exteriors, this property offers both stability and modern amenities. Comprising three two-bedroom, 1.5-bath units (972 square feet each) and one spacious three-bedroom, two-bath unit (1,364 square feet), this property is designed to attract and retain tenants. Each unit features updated flooring, refreshed kitchens and new paint throughout. The exterior has been similarly revitalized, ensuring excellent curb appeal. Ideal for investors and military personnel, this property is located in a great area, offering easy access to local amenities and services. With a new HVAC system and updated fixtures, this quadplex is fully equipped to continue generating reliable rental income.
  • Property type

    Apartment

  • Year built

    1984

  • Price/sqft

    $151

Features

  • Pool
  • Equestrian
  • Air Conditioning
  • Investment Property

Explore the Area

141 Cheri Lane , Panama City, FL 32404, Florida, United States View on Google Maps
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Whitney Cooley

Joined 9 years ago
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Whitney Cooley
Florida, United States
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10
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2023
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Scenic Sotheby's International Realty
Scenic Sotheby's International Realty
4495 Furling Lane Suite 110, Suite 110, 32541, Destin, Florida, United States
View agency profile
Last updated
March 16
First listed
Sep 24, 2024
Listing link
Listing reference
VQC3NM
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