2228 E 17th Street
Panama City, FL 32405
- 15 beds
- 13 baths
- 7,120 sqft
- ~1 acre lot
- $210 per sqft
- 2020 build
- – on site
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.
Listing courtesy of ECARMLS / Scenic Sotheby's International Realty
Last checked:
Checking…
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Last updated Nov 24, 2024
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MLS# 949535 —
The Building
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Year Built:2020
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Architectural Style:Duplex
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Direction Faces:None
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Foundation Details:None
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Basement:None
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Patio And Porch Features:None
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Accessibility Features:None
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Security Features:None
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Levels:None
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Stories:1
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Building Area Total:7120.0
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Building Area Source:County PA Records
Interior
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Rooms Total:17
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Flooring:None
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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Directions:From Hwy 98 and Sherman, head North on Sherman, turn left at 17th Street. (5) Duplexes and (1) Triplex on the left just behind the commercial lot on the corner of Sherman & 17th Street.
The Property
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Parcel Number:14740-040-000, 020-010, 020-000, 022-000, 021-000
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Property Type:Residential
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Property Subtype:Attached Single Unit
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Acres:0.96
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Lot Size Area:0.96
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Lot Size SqFt:41817.6
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Lot Size Units:Acres
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Zoning:Resid Multi-Family
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Possible Use:None
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Topography:None
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Waterfront:No
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:Multi parcel / Parcel ID's: 14740-040-000, 14740-020-010, 14740-020-000, 14740-022-000, 14740-021-000.
Beds
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Bedrooms Total:15
Baths
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Total Baths:13.0
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Total Baths:13
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Full Baths:13
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Partial Baths:None
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Bathrooms Three Quarter:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:No
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electric, Public Sewer, Public Water
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Electric:None
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Sewer:None
Schools
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Elementary School:Cedar Grove
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Middle Or Junior School:Mowat
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High School:Bay
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Elementary School District:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:No Named Subdivision
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Senior Community:No
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Pool Private:None
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Spa Features:None
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Pets Allowed:None
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Association:No
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Association Amenities:None
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Association Fee:None
Parking
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Carport:false
Monthly cost estimate
Asking price
$1,500,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,032
|
Taxes | N/A |
Insurance | $412 |
Utilities | $345 See report |
Total | $8,789/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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11/8/24
Nov 8, 2024
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Pending | ECARMLS | $1,500,000 | |
7/15/24
Jul 15, 2024
|
Price Changed | ECARMLS | $1,500,000 | -6.3% |
5/10/24
May 10, 2024
|
Listed / Active | ECARMLS | $1,600,000 |