Active

2228 E 17th Street

Panama City FL, 32405

$1,500,000


$210.67 per sqft

Active

15 Beds

13 Baths

7,120 sqft

Multi-family

Built in 2020

Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.

756905

MLS ID

May 10, 2024

Listed

October 15, 2024

Updated

Map

2228 E 17th Street
Panama City FL, 32405

Interior Features

Bedrooms

15


Total Bathrooms

13


Full Bathrooms

13


Appliances

Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

No

Exterior/Building Features

Lot Size

0.96 Acres


Roof

Composition, Shingle

School Information

High School

Bay


Elementary School

Cedar Grove

Other Property Details

Area Name

02 - Bay County - Central


Taxes

$11,557


Tax Frequency

Annually


Days on Market

139


Garage

No


Parking

Driveway


View

No


County

Bay


Pool

No

Listing History

Date

Event

Price

7/16/2024

Price change

$1,500,000

-7%

 

Courtesy of Scenic Sotheby's International Realty, Taylor Moorman,
Listing Contact: (414) 852-4209 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Hilary Farnum-Fasth & Jacob Watkins shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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