Pending

3900 W 17th ST

Panama City FL, 32401

$635,000


$144.88 per sqft

Pending

4 Beds

4 Baths

4,383 sqft

Residential

Built in 1950

Attention investors and/or owner occupants. This excellent investment opportunity awaits you in theheart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zonedmultifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5bathrooms, and a triplex with 3 one bedroom one bath apartments.Zoning and lot size allow for more units to be built. Separate water and electric meters for both structures. The main home has large amounts of open living space, as well as a mother-in-law quarters that can serve as a 5th unit. Fiberglass pool with saltwater systemLarge lot with room for your ATV, boat or jet skis2 car garageRental income of $5500-$6500/month, excellent Cap rate of at least 8%SEE PROPERTY INCOME/EXPENSES ATTACHED IN DOCUMENTSMotivated Seller, bring all offers!

761567

MLS ID

August 20, 2024

Listed

October 15, 2024

Updated

Map

3900 W 17th ST
Panama City FL, 32401

Interior Features

Bedrooms

4


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Bookcases, Fireplace, High Ceilings, Recessed Lighting, Vaulted Ceiling(s)


Appliances

Dryer, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer


Fireplace

Yes


Fireplace Description

Electric


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Electric, Multi Units, Separate Meters, Window Unit(s), Wall Unit(s)


Heating

Yes


Heating Description

Electric, Fireplace(s), Separate Meters

Exterior/Building Features

Lot Size

0.53 Acres


Exterior Features

Patio


Architectual Style

Bungalow


Roof

Composition, Shingle

School Information

High School

Bay


Elementary School

Lucille Moore

Other Property Details

Area Name

02 - Bay County - Central


Taxes

$5,242


Tax Frequency

Annually


Days on Market

50


Garage

Yes


Garage Spaces

2


Parking

Attached, Garage, Garage Door Opener, RV Access/Parking


View

No


County

Bay


Pool

No


Pool Features

Fiberglass

Listing History

Date

Event

Price

10/11/2024

Pending

9/18/2024

Price change

$635,000

-3%

 

Courtesy of Weichert Realtors Rev Group, Joel Arguello,
Listing Contact: (786) 390-0083 

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 The Gene Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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