520 Maine Avenue, Panama City, FL 32401

$350,999

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List Price
$350,999
MLS#
784336
Status
ACTIVE
Type
Multifamily
Subtype
Multi Family
Lot Size
13,939
Neighborhood
Bay - Central SE

Property Description

Looking to expand your real estate portfolio or jumpstart your journey as a landlord? This 5-unit multi-family property in Panama City offers steady cash flow and long-term value. partially rented / ready to lease (customize based on status) Low maintenance units - easy management Strong rental demand in the area Proximity to beaches, schools, and major employers Zoned for residential income-producing property Building 1 Type SFR AVERG Total Area 2,129 Heated Area 1,251 Exterior Walls AL SIDING Roof Cover ENG SHINGL Interior Walls DRYWALL Frame Type N/A Floor Cover CLAY TILE; CARPET Heat AIR DUCTED Air Conditioning CENTRAL Bathrooms 1 Bedrooms 3 Stories 1 Actual Year Built 1946 Building 2 Type 2 story apt. Total Area 1,643 Heated Area 1,346 Exterior Walls MINIMUM Roof Cover ENG SHINGL Interior Walls DRYWALL Frame Type N/A Floor Cover PINE WOOD Heat RAD ELEC Air Conditioning WINDOW Bathrooms 2 Bedrooms 4 Stories 2 Actual Year Built 1956 Building 3 Type DUPLEX Total Area 2,315 Heated Area 2,171 Exterior Walls ASB SHNGLE Roof Cover ENG SHINGL Interior Walls DRYWALL Frame Type N/A Floor Cover ASPH TILE Heat AIR DUCTED Air Conditioning CENTRAL Bathrooms 2 Bedrooms 3 Stories 1 Actual Year Built 1952

Additional Information

Acres
0.32
Elementary School
Cherry Street
High School
Bay
Middle School
Jinks
Neighborhood
Bay - Central SE
Stories
2
Subdivision
[No Recorded Subdiv]
Utilities
Sewer Available
Year Built
1946
Zoning
Resid Multi-Family

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Success Realty.