• 82 Views
• Multi Family
• 10,000 Sq Ft
• 19 Beds
• 12 / Baths
• 

• $1,600,000

Multi Family Investment Opportunity. Property consists of 6 Detached Single Family homes on approximately 7.5 acres of land in central Panama City, Florida. The property also includes additional lots to build more homes. There are currently 4 homes on College Station Rd. and 2 homes on private drive behind front 4 homes. This property is located right off Hwy 231 at the intersection E. Hwy 390 and Hwy 231. The neighborhood is only about 10 minutes to 23rd St shopping corridor. This is a great investment package for investors looking to increase their real estate portfolio. The property addresses included in the sale are 4347 College Station Rd, 4350 College Station Rd, 4400 College Station Rd, 4402 College Station Rd, 4403 College Station Rd. and 4415 College Station Rd. Current monthly rental income on 5 homes is $8,945. One of the homes (4403 College Station) needs repairs (interior gutted) and is not currently rented.

Listing provided courtesy of Coldwell Banker Realty

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• Architecture

  • Year Built: 1972
  • Stories: 0
  • Project Facilities:
  • Construction:

• Interior Features

  • Square Footage: 10000
  • Appliances: Dishwasher, Refrigerator
  • Interior Features: Floor Vinyl Plank, Lighting Recessed, Split Bedroom, Washer/Dryer Hookup

• Property Features

  • Lot Access: ,County Road, Dirt/Clay Road
  • Lot Description: Cleared, Interior
  • Waterview:
  • Parking: Garage
  • Utilities: Electric, Phone, Private Well, Septic Tank, TV Cable, Electricity Available
  • Zoning:
  • Acres: 8

• Community

  • HOA Includes:N/A
  • HOA FEE:N/A
  • HOA Payable:N/A
  • Elementary: Tommy Smith
  • Middle: Merritt Brown
  • High: Bay