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5115 E 10th Street,

Panama City, FL

$1,495,000

Unique opportunity to add an excellent asset to your rental portfolio. Featuring 12 townhomes total the property boasts 11 two bedroom, 1.5 bath and 1 three bedroom 2.5 bath townhome. Featuring over 2 acres of land the property offers an opportunity for future expansion/development. Current ownership has completely renovated 3 of the 12 units - now achieving $1',250/month thus showing proof of concept for the next investor to complete the process. All units are separately metered for water/electric with tenant responsibility for utilities. Rare opportunity in a rapidly growing Florida market.

850.612.8787

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Facts & Features

MLS® # 756003

Price $1,495,000

Bathrooms 0.00

Acres 2.14

Year Built 1983

Type Commercial Sale

Sub-Type Multi Family

Status Active

Listing Office CENTURY 21 Commander Realty

Community Information

Address 5115 E 10th Street

Area 02 - Bay County - Central

Subdivision No Named Subdivision

City Panama City

County Bay

State FL

Zip Code 32404

Amenities

Utilities Electricity Available, Sewer Available, Water Available

Is Waterfront No

Has Pool No

Interior

Has Basement No

Fireplace No

Stories 2

School Information

Elementary Parker

Middle Everitt

High Rutherford

Additional Information

Date Listed April 22nd, 2024

Foreclosure No

Short Sale No

RE / Bank Owned No

Listing Details

Office CENTURY 21 Commander Realty

First Name

Last Name

Email Please provide a valid email address.

Phone

Preferred Contact Method

Email Phone

Yes, I want to be able to search all listings, view detailed property information, multiple photos, videos, virtual tours, address, street view, maps, and similar listings. I want to be able to request additional info and ask detailed questions about properties and communities. Please activate my Personal Control Panel and send me listings that match my specific saved search criteria via email.

Scott Gordon

Office: 850-898-1205

Cell: 850-532-4142

Let's Schedule a Property Showing Yes, I want to be able to search all listings, view detailed property information, multiple photos, videos, virtual tours, address, street view, maps, and similar listings. I want to be able to request additional info and ask detailed questions about properties and communities. Please activate my Personal Control Panel and send me listings that match my specific saved search criteria via email.

Print Contact Agent

DISCLAIMER: IDX 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. Information Source: Bay County Association Of REALTORS® Multiple Listing Service

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5115 E 10th Street,

$1,495,000

Need a Rental Projection?

Scott Gordon