215 Maine Avenue

Panama City, FL 32401
$665,000
10 beds | 6.00 baths | #965138

Description

Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income-producing property includes two triplexes, offering a total of six units. The units consist of four 2-bedroom residences and two 1-bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well-maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities.

  • Property Details
      • Bedrooms:10
      • Bathrooms:6.00
      • Exterior features:Fenced Lot-Part, Fenced Privacy
      • Exterior materials:Roof Shingle/Shake, Stone, Stucco
      • Lot size:175x96x176x95
      • Property type:Purchase
      • Style:Traditional
      • Year built:1980
      • Energy:AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
      • Utility features:Electric, Public Sewer, Public Water
      • Appliances:Cooktop, Refrigerator, Stove/Oven Electric
      • Subdivision:HOLMES ADDN
      • Elementary School:Cherry Street
      • Middle School:Jinks
      • High School:Bay
      • MLS #:965138
      • Cost:665000
      • Property subtype:Detached Single Family
      • MLS #:965138
      • Property condition:Construction Complete

Location

Central Bay Realty and Property ManagementReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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