1400 Gulf Avenue #1-10

Panama City, FL 32401
$949,000

Description

Exceptional investment opportunity in a strong & growing north Florida market. Featuring 10 one bedroom, one bathroom units the property consistently remains full and provides a high demand niche in the local rental market. Boasting a new roof in 2019 and exterior as well as interior renovations including a full gut on half of the units the property displays meticulous care and resilience. Bay County, FL is experiencing unprecedented population growth since Hurricane Michael in 2018 and continues to do so. A thriving and diverse local economy as well as two military bases ensures a solid investment outlook for years to come.

  • Property Details
    • Measurements
      • Acres:0.39
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1977
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Sewer Available, Water Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:Sunnyland Heights
    • Location
      • Elementary School:Northside
      • Middle School:Jinks
      • High School:Bay
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):92
  • Other
    • Source
      • MLS #:757928

Location

Central Bay Realty and Property ManagementReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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