Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.
Sold for $1,380,600 on 12/31/24
$1,380,600
2228 E 17th St, Panama City, FL 32405
15beds
7,120sqft
Multi Family
Built in 2020
-- sqft lot
$-- Zestimate®
$194/sqft
$1,355 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 23 hours ago
Listed by:
Taylor Moorman 414-852-4209,
Scenic Sotheby's International Realty
Bought with:
Tristan C Matthews, SL3520174
Coastal Heritage Real Estate LLC
Source: CPAR,MLS#: 756905
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 13
- Full bathrooms: 13
Bedroom
- Description: (2-bed units)
- Level: First
- Dimensions: 11.8 x 12
Bedroom
- Description: (1-bed units)
- Level: First
- Dimensions: 8.5 x 18.8
Bedroom
- Description: (2-bed units)
- Level: First
- Dimensions: 13.3 x 10.4
Bedroom
- Description: (2-bed units)
- Level: First
- Dimensions: 11.8 x 12
Bedroom
- Description: (1-bed units)
- Level: First
- Dimensions: 8.5 x 18.8
Bedroom
- Description: (2-bed units)
- Level: First
- Dimensions: 13.3 x 10.4
Other
- Description: (1-bed units)
- Level: First
- Dimensions: 9.7 x 5
Other
- Description: (2-bed units)
- Level: First
- Dimensions: 5 x 7.5
Other
- Description: (1-bed units)
- Level: First
- Dimensions: 9.7 x 8
Other
- Description: (2-bed units)
- Level: First
- Dimensions: 5 x 7.5
Kitchen
- Description: (2-bed units)
- Level: First
- Dimensions: 12 x 17
Kitchen
- Description: Kitchen / living (2-bed units)
- Level: First
- Dimensions: 12 x 17
Living room
- Description: (1-bed units)
- Level: First
- Dimensions: 9.8 x 19
Living room
- Description: living/kitchen(1-bed units)
- Level: First
- Dimensions: 9.8 x 19
Living room
- Description: (1-bed units)
- Level: First
- Dimensions: 9.8 x 19
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Water Heater
Interior area
- Total structure area: 7,120
- Total interior livable area: 7,120 sqft
Property
Lot
- Size: 0.96 Acres
- Dimensions: 300 x 140
Details
- Parcel number: 14740040000, 020010, 020000, 022000, 021000
- On leased land: Yes
- Zoning description: Resid Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- HardiPlank Type
Condition
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Water Connected
Community & neighborhood
Location
- Region: Panama City
- Subdivision: No Named Subdivision