3900 W 17th St

Panama City, FL 32401
$635,000
4383 sqft | 7 beds | 6.5 baths | 0.53 acres | #760978

Description

Attention investors and/orowner 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.Separate water and electric meters for both structures. The main home has a mother-in-law quarters thatcan also be separated to give a total of 5 rentals.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 DOCUMENTSSeller is motivated, bring all offers!

  • Interior Details
    • Beds & Baths
      • Bedrooms:7
      • Bathrooms:6.5
      • Full Baths:6
      • Half Baths:1
  • Property Details
    • Property
      • Stories:1
    • Measurements
      • Acres:0.53
      • Square Feet:4383
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1950
  • Utilities / Energy Details
    • Utility
      • Utility features:Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Trash Collection, Water Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:Bayview Add
    • Location
      • Elementary School:Lucille Moore
      • Middle School:Jinks
      • High School:Bay
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):51
      • Taxes annual:$5, 242
  • Other
    • Source
      • MLS #:760978

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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