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Bay County, FL

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$2,995,000

21625 A/b Front Beach Rd Panama City Beach, FL 32413
10 Beds 4,700 Sq. Ft
8 Full Baths
Courtesy Of Pelican Real Estate
MLS# 621436
PROPERTY DESCRIPTION: 
UNIQUE TREASURES DON'T COME ALONG OFTEN. THIS ONE OF A KIND PROPERTY WITH SO MANY POSSIBILITIES IS LOCATED ON THE FAR WEST END OF PANAMA CITY BEACH IN THE BEAUTIFUL MEDITERRAINIAN LA VALENCIA SUBDIVISION AND IS RIGHT BY THE AWESOME GULF FRONT COMMUNITY POOL. YOU CAN LIVE IN ONE AND RENT THE OTHER...RENT BOTH...LIVE IN BOTH...BUY THE UPSTAIRS OR BUY THE DOWNSTAIRS...BUY IT ALL AND DECIDE LATER...ENDLESS POSSIBILITIES. EXTREMELY WELL BUILT AND SITS ON ONE OF THE HIGHEST ELEVATIONS "IF NOT THE HIGHEST" ON PANAMA CITY BEACH. GREAT RENTAL! LA VALENCIA OFFERS ALOT! AMENITIES INCLUDE THE GULF FRONT POOL WITH RESTROOM FACILITIES...TENNIS COURT...CLUBHOUSE WITH FITNESS CENTER, KITCHEN, RESTROOMS AND SITTING AREA...ANOTHER POOL AND OUTSIDE WHIRLPOOL. GATED ENTRY. JUST AN ABSOLUTELY BEAUTIFUL SUBDIVISION. THE LANDSCAPING IS SPECTACULAR. DOWNSTAIRS UNIT IS APROX. 2000 SF, 4 BEDROOMS, 4 BATHS WITH ASKING PRICE OF 1,450.000. UPSTAIRS IS APROX. 2700 SF WITH 6 BEDROOMS 4 BATHS WITH ASKING PRICE OF 1,550,000. WILL NEED TO ALLOW TIME FOR PROPER PAPERWORK TO BE PREPARED TO SELL UNITS SEPERATELY. NEED TO SEE, IF YOU ARE LOOKING TO BUY GULF FRONT!
FEATURES:
Age: 11-20 Years Old
Amenities: Deck, Barbecue Area, Water Front
Appliances: Dishwasher, Dryer, Garbage Disposer, Ice Maker, Microwave, Oven, Oven - Self-Cleaning, Washer
Architecture Style: Other
Cooling System: Ceiling Fan(s)
Roof Type: Unknown
Rooms: Bedroom, Full Bath
View Type: Water

$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.

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
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

$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 * 4 UNITS * EACH UNIT HAS TWO BEDROOMS AND TWO BATHS * ALL UNITS ARE RENTED EXCEPT OWNERS UNIT ( ALL UNITS HAVE A GREAT RENTAL HISTORY) * PRESENT RENTS ARE $800 PER UNIT * OWNER IS A BUILDER AND HE BUILT THE COMPLEX * STRUCTURES HAVE UPGRADED CONSTRUCTION IN WALLS, FLOORS, AND CEILINGS WITH REGARD TO INSULATION, FIREWALLS, SOUND PROOFING, WITH 40 YEAR SHINGLES. THERE IS LIGHTWEIGHT CONCRETE BETWEEN FIRST AND SECOND FLOOR * THE DOWNSTAIRS UNITS HAVE TILE IN ALL LIVING AREAS WITH CARPETED BEDROOMS * THE UPSTAIRS HAS TILE IN KITCHEN AND BATHROOMS. * THE CONDITION OF ALL THE UNITS IS WONDERFUL AND THE EXTERIOR OF THE BUILDINGS IS IMMACULATE * THREE UNITS ARE FURNISHED ***
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 * 4 UNITS * EACH UNIT HAS TWO BEDROOMS AND TWO BATHS * ALL UNITS ARE RENTED EXCEPT OWNERS UNIT ( ALL UNITS HAVE A GREAT RENTAL HISTORY) * PRESENT RENTS ARE $800 PER UNIT * OWNER IS A BUILDER AND HE BUILT THE COMPLEX * STRUCTURES HAVE UPGRADED CONSTRUCTION IN WALLS, FLOORS, AND CEILINGS WITH REGARD TO INSULATION, FIREWALLS, SOUND PROOFING, WITH 40 YEAR SHINGLES. THERE IS LIGHTWEIGHT CONCRETE BETWEEN FIRST AND SECOND FLOOR * THE DOWNSTAIRS UNITS HAVE TILE IN ALL LIVING AREAS WITH CARPETED BEDROOMS * THE UPSTAIRS HAS TILE IN KITCHEN AND BATHROOMS. * THE CONDITION OF ALL THE UNITS IS WONDERFUL AND THE EXTERIOR OF THE BUILDINGS IS IMMACULATE *
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:
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.

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:
Exterior Description: Brick
General: Storage Area
Sewer: City
Style: Other Style

$225,000

2916 Ormond Ave Panama City, FL 32405
6 Beds 2,916 Sq. Ft
3 Full Baths 3 Half Baths
Courtesy Of ERA Neubauer Real Estate, Inc.
MLS# 620871
PROPERTY DESCRIPTION: 
Excellent Investment Opportunity- 3 attached townhouse units, 2 Bedroom, 1.5 baths each, centrally located. Units are well maintained with excellent rental history and currently rent for $650/month each (Potential gross income of $23,400). June 2013-May 2014 NOI was $20,005.
FEATURES:
Lot Description: Corner
Sewer: City
Style: Split Level

$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: 
What a great investment to own this beautiful townhouse. Why not live in one and rent the other side. The two story home is 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.
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 - 33 Listings Found

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