1116 Mercedes Avenue, Panama City, FL 32401

$570,000
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List Price
$570,000
MLS#
777837
Status
ACTIVE
Type
Multifamily
Subtype
Multi Family
Lot Size
11,761
Neighborhood
Bay - Central SE
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(850) 714-7900

Property Description

New construction townhomes, 2/2 933 sqft each. projected to rent for $1550-1650 per unit. Estimated 7-8 cap rate. Pro Forma PnL available upon request.

(850) 714-7900
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Additional Information

Acres
0.27
Elementary School
Cedar Grove
High School
Bay
Middle School
Mowat
Neighborhood
Bay - Central SE
Subdivision
No Named Subdivision
Utilities
Sewer Available
Year Built
2025
Zoning
Resid Multi-Family
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Listing courtesy of Think Real Estate.