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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

    List your home for rent

    $1,355/mo

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    $1,355/mo

    Rent Zestimate®

    Refinance and save

    $8,950/mo

    Est. payment

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    $8,950/mo

    Est. payment

    What's special

    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.

    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#: 756905MLS Logo

    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