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Bay County, FL

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$694,900

3902,04,06 E 11th St Panama City, FL 32405
2 Beds 11,892 Sq. Ft
1 Full Bath
Courtesy Of ERA Neubauer Real Estate, Inc.
MLS# 618889
PROPERTY DESCRIPTION: 
Great income producing property that is all occupied and earning now. All 14 rental units in 4 triplexes and 1 duplex along with a 1134 s.f. 3/2 home including in sale are all brick and in good condition. Properties produce gross yearly income of $93,600. Roofs are less than 5 years old. Everything is in one complex. You could manage all units by walking. Square footage, of bedrooms, baths are reflected in all properties combined. Rental units rent for $500 each and home for $800. Property can be sold complete or into two packages of 8 rental units plus home for $434900, or 6 rental units plus home for $333000. See mls 61886 and 61888. All units have washer/dryer connections and each has own address. Metered separately so tenants pay own electric, water, sewer and garbage. Great return on investment. See agent for annual property operating report on operating costs, cap rate, GRM, and cash on cash return on these properties. Seller will consider owner financing.
FEATURES:
Age: 31-40 Years Old
Appliances: Dishwasher, Range / Oven, Refrigerator
Basement: None
Bath Features: Tub and Shower
Cooling: Central A/C - Electric, Central A/C
Exterior Description: Brick
Exterior Living Space: Porch
Flooring: Linoleum, Wall to Wall Carpet
General: Window Treatments, Storage Area
Heating - Fuel Type: Electric
Heating Type: Forced Air
Roof: Composition Shingle
Sewer: City, Public
Style: Other Style
Water: City Water

$630,000

2501 Minnesota Ave Lynn Haven, FL 32444
2 Beds 2,312 Sq. Ft
1 Full Bath
Courtesy Of Counts Real Estate Group Inc
MLS# 623113
PROPERTY DESCRIPTION: 
Great 18 unit 6 building triplex income property being sold as a package. 2501-2511 Minnesota Avenue (Units A-R). The property is well maintained with a strong rental history and occupancy rate. Rental rates run from $525 per month to $600 per month. Each unit has 2 bedrooms and 1 full bath measuring +/-771 square feet each. Three buildings already have new metal roofs. The remaining three roofs will be replaced at Seller expense prior to Closing. Located just North of Mosley High School and in the Lynn Haven school district.
FEATURES:
Age: 21-30 Years Old
Architecture Style: Other
Roof Type: Unknown
Rooms: Bedroom, Full Bath

$459,900

603 Dogwood St Panama City Beach, FL 32407
8 Beds 3,148 Sq. Ft
8 Full Baths
Courtesy Of Counts Real Estate Group Inc
MLS# 618739
PROPERTY DESCRIPTION: 
FANTASTIC INVESTMENT PROPERTY. LIVE IN ONE AND RENT THREE. GREAT OPPORTUNITY FOR INVESTORS/RETIREES. PROPERTY IS T3 ZONED. TWO STORY, 4 UNIT APARTMENT BUILDING. EACH UNIT HAS 2 BEDROOMS AND 2 BATHROOMS. GULF VIEW. ALL UNITS ARE EQUIPPED WITH FRIDGE, STOVE, MICROWAVE, WAWSWHER/DRYER, HEAT/AC, WINDOW COVERINGS AND CEILING FANS. THREE UNITS ARE FULLY FURNISHED. ONLY A TWO MINUTE WALK TO THE DEDICATED BEACH WITH BEACH ACCESS AND CLOSE TO ALL ANEMINITIES (SHOPPING, RESTURNTS, ATTRACTIONS AND PIER PARK). AT PRESENT ALL UNITS ARE LONG TERM RENTALS. GREAT RENTAL HISTORY. PRESENT RENTS ARE $800.00 PER MONTH (TENANTS PAY ALL EXPENSES). BUILT IN 2002. SUPERIOR AND UPGRADED CONSTRUCTION IN WALLS, FLOORS AND CEILINGS WITH REGARD TO INSULATION, FIREWALL AND FLOORING, WITH 40 YEAR SHINGLES ON ROOF. DOWNSTAIRS UNITS HAVE TILE IN ALL LIVING AREAS WITH CARPETED BEDROOMS. UPPER FLOOR HAS TILE IN KITCHEN AND BATHROOMS. THE UNITS ARE IN EXCELLENT CONDITION. THE EXTERIOR IS IMMACULATE AND BEAUTIFULLY LANDSCAPED AND EQUILPPED WITH IRRIGATION SYSTEM.
FEATURES:
Age: 11-20 Years Old
Appliances: Dryer, Microwave, Oven, Refrigerator, Washer
Architecture Style: Other
Cooling System: Ceiling Fan(s)
Parking Type: Driveway
Roof Type: Unknown
Rooms: Bedroom, Full Bath
View Type: Water

$449,900

605 Dogwood St Panama City Beach, FL 32407
8 Beds 3,148 Sq. Ft
8 Full Baths
Courtesy Of Counts Real Estate Group Inc
MLS# 618744
PROPERTY DESCRIPTION: 
FANTASTIC INVESTMENT PROPERTY. GREAT OPPORTUNITY FOR INVESTORS/RETIREES. PROPERTY IS T3 ZONED. TWO STORY, 4 UNIT APARTMENT BUILDING. EACH UNIT HAS 2 BEDROOMS AND 2 BATHROOMS. GULF VIEW. EACH UNIT IS EQUIPPED WITH FRIDGE, STOVE, MICROWAVE, WASHER/DRYER, HEAT/AC, WINDOW COVERINGS, AND CEILING FANS. ONLY A TWO MINUTE WALK TO THE DEDICATED BEACH WITH BEACH ACCESS AND CLOSE TO ALL CONVENIENCES (SHOPPING, RESTURANTS, ATTRACTIONS AND PIER PARK). AT PRESENT ALL UNITS ARE LONG TERMS RENTAL. GREAT RENTAL HISTORY. PRESENT RENTS ARE $800.00 MONTH (TENANTS PAY ALL EXPENSES). BUILT IN 2002. SUPERIOR AND UPGRADED CONSTRUCTION IN WALLS, FLOORS AND CEILINGS WITH REGARD TO INSULATION, FIREWALL AND FLOORING, WITH 40 YEAR SHINGLES. DOWNSTAIRS UNITS HAVE TILE IN ALL LIVING AREAS WITH CARPETED BEDROOMS. UPPER FLOOR HAS TILE IN KITCHEN AND BATHROOMS. THE UNITS ARE IN EXCELLENT CONDITION. THE EXTERIOR IS IMMACULATE AND BEAUTIFULLY LANDSCAPED AND EQUIPPED WITH IRRIGATION SYSTEM.
FEATURES:
Age: 11-20 Years Old
Appliances: Dryer, Microwave, Oven, Refrigerator, Washer
Architecture Style: Other
Cooling System: Ceiling Fan(s)
Parking Type: Driveway
Roof Type: Unknown
Rooms: Bedroom, Full Bath
View Type: Water

$434,900

3906&3904 E 11th St Panama City, FL 32404
2 Beds 7,420 Sq. Ft
1 Full Bath
Courtesy Of ERA Neubauer Real Estate, Inc.
MLS# 618886
PROPERTY DESCRIPTION: 
Great income producing property. All 8 units of 2 triplexes and 1 duplex (Unit 3906 A-C; 3910 A-C & 3908 A-B) plus a 1134 square foot. 3 bedroom 2 bath house included in sale are all brick and produce $57600/year gross income. All properties are rented and in good condition. All roofs are less than 5 years old. Square footage, number of bedrooms and baths are reflected in both properties sold as one sale. Can be bought with 6 additional units for total of $694900. See mls 61889 and 61888. All units have washer and dryer connections and each unit has own address. Metered separately so tenants pay own electric, sewer, water and garbage. Great return on your investment. See agent for annual property operating report with operating costs, cap rate, GRM, and cash on cash return on these properties.
FEATURES:
Cooling: Central A/C - Electric
Exterior Description: Brick
General: Window Treatments
Sewer: City
Style: Other Style

$395,000

119 Argonaut St Panama City Beach, FL 32413
8 Beds 4,560 Sq. Ft
8 Full Baths
Courtesy Of Prudential Shimmering Sands Realty
MLS# 602695
PROPERTY DESCRIPTION: 
THIS IS ACTUALLY 2 DUPLEXES FOR SALE...2 BED 2 BATH IN EACH UNIT AND 2 UNITS PER BUILDING. Plenty of parking on site.Total of 7 spaces. Tenant pays electric, water, cable and owner paying taxes, insurance,trash service...2011 Taxes $4,211.00 Insurance is $4,800.00 a year and trash service $108.00 a month...Yard maintenance is also provided. (New leases are at $900.00 per month--All units are now leased with a $1,100.00 security deposit)(on site manager pay $525.00 a month rent) ALL INFORMATION PROVIDED BY OWNER, Please verify if important.. Located at Bid a Wee Private Beach which is a short walk.Convinent too schools,shopping,and entertainment. Kitchen is large and open with Breakfast Bar and solid surface Counters..SHORT TERM RENTALS ARE ALSO ALLOWED IN THIS ZONING AREA
FEATURES:
Age: 6-10 Years Old
Amenities: Porch, Patio, Sprinkler System
Appliances: Dishwasher, Microwave, Oven, Refrigerator
Architecture Style: Other
Parking Type: Driveway, Oversized
Roof Type: Unknown
Rooms: Bedroom, Full Bath

$360,000

604 Fernwood St Panama City Beach, FL 32407
6 Beds 1,980 Sq. Ft
6 Full Baths
Courtesy Of ERA Neubauer Real Estate, Inc.
MLS# 620377
PROPERTY DESCRIPTION: 
Project was operated as a thriving 6 unit motel for a number of years and then as 3 two bedroom two bath apartments with kitchenettes. The project is situated on a large corner lot with 100' fronting Hutchison Blvd. Just a short walk to the beach. There is a separate building that has a living quarters in it for a maintenance person as well as washer dryer / laundry facility. The rooms are all lined with the old heart of pine tongued and groove paneling. There is an additional shed for storage and an in ground pool with wrap around deck. The property is being offered at 1/3 the amount offered in 2006. With a little love the project could generate some nice cash flow while waiting for the new development market to recover.
FEATURES:
Age: Over 50 Years Old
Appliances: Range / Oven, Refrigerator
Basement: Slab Foundation
Bath Features: Tub and Shower
Cooling: Wall Unit A/C
Exterior Description: Concrete Block
Flooring: Linoleum, Tile
Lot Description: Access Type - Road, Corner
Pool Description: Pool, Outdoor
Road Type: City / Town Street, Main Thoroughfare
Roof: Composition Shingle
Sewer: City, Public
Style: Other Style
Water: City Water

$333,000

3902 -3904 11th St Panama City, FL 32404
2 Beds 5,606 Sq. Ft
1 Full Bath
Courtesy Of ERA Neubauer Real Estate, Inc.
MLS# 618888
PROPERTY DESCRIPTION: 
Great income producing property. All 6 units of 2 triplexes (Units A thru F) plus a 1130 square foot,3 bedroom 2 bath house included in sale are all brick and produce $45,600/ayr. gross income. All units are rented and in good condition. Square footage, of bedrooms and baths are reflected in both properties sold as one. Can be bought with another 8 units next door for total of $694900. See mls 61889 and 61886. All units have storage with washer/dryer connections and each has own address. Metered separately so tenants pay own electric, water, sewer, and garbage. Great return on money. See agent for annual property operating report of operating cost, cap rate, GRM, and cash on cash return on these properties.
FEATURES:
Cooling: Central A/C - Electric
Exterior Description: Brick
General: Storage Area
Sewer: City
Style: Other Style
NEWLY LISTED

$284,000

6719 South Lagoon Dr Panama City Beach, FL 32407
4 Beds 2,550 Sq. Ft
4 Full Baths
Courtesy Of Keller Williams Success Realty
MLS# 623397
PROPERTY DESCRIPTION: 
Multifamily home, on this double corner lot with views to the Lagoon...with a great rental history, however, it can easily be converted back to the original home.....The huge backyard is lush and private, the detached 2 car garage with a built-in workbench, could probably accommodate an RV.....driveway can accommodate 5 cars....Is a must see great opportunity as an Investment !!!!!!!!!
FEATURES:
Age: 41-50 Years Old
Amenities: Lawn, Water Front
Appliances: Dishwasher, Oven, Oven - Self-Cleaning, Refrigerator
Architecture Style: Other
Cooling System: Ceiling Fan(s)
Parking Type: Driveway
Roof Type: Unknown
Rooms: Bedroom, Full Bath
View Type: Water

$220,000

6400-6402 Beach Dr Panama City, FL 32408
4 Beds 2,148 Sq. Ft
4 Full Baths 2 Half Baths
Courtesy Of Counts Real Estate Group Inc
MLS# 621166
PROPERTY DESCRIPTION: 
Duplex - What a great investment to own these two beautiful townhouses. Why not live in one and rent the other side. The two story townhouses are in close vicinity to the beach. It has an open floor plan, with breakfast bar and washer dryer hookups on main floor. Each unit has its own balcony and privacy fenced back yard. New roof installed to include custom skylights, new stucco and newly repainted inside and out. Two nicely sized bedrooms on the upper level both have private full bath. MUST SEE
FEATURES:
Age: 11-20 Years Old
Amenities: Lawn, Porch, Patio
Appliances: Ice Maker, Microwave, Oven, Range
Architecture Style: Other
Parking Type: Driveway
Roof Type: Unknown
Rooms: Bedroom, Full Bath, Half Bath
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Bay County, FL Real Estate & Homes for Sale - 28 Listings Found

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