Price Reduced 2.31%


Price History

$650,000
8/8/2024

$635,000
9/21/2024


3900 W 17th st, Panama City, FL, 32401

3900 W 17th st, Panama City, FL, 32401

1950

Fourplex

Attention investors and/or owner occupants. This excellent investment opportunity awaits you in the heart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zoned multifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5 bathrooms, and a triplex with 3 one bedroom one bath apartments. Zoning and lot size allow for building additional units. Separate water and electric meters for both structures. The main home has a mother-in-law quarters that can also be separated to give a total of 5 rentals. Fiberglass pool with saltwater system Large lot with room for your ATV, boat or jet skis 2 car garage Rental income of $5500-$6500/month, excellent Cap rate of at least 8%


Status:

Active

Type:

Multi-family

Zoning:

multifamily

Subdivision:

bayview add

Heating:

Central

Cooling:

Central Air

Parking:

8-car

Est. Taxes:

$5,242

Construction

Frame,Other

Utilities

Cable Available

Days on Market:

43

Pool:

Automatic Chlorination, Fiberglass, Other, Pool

MLS #:

A11644090


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Rev Realty Group, LLC. Phone: 786-390-0083