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Off market
  • $404,300

    3409 W 19th St, Panama City, FL 32405

    --beds
    --baths
    --sqft
    SingleFamily
    Built in 1963
    0.99 Acres Lot
    $404,300 Zestimate®
    $--/sqft
    $2,027 Estimated rent

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    $2,027/mo

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    $2,027/mo

    Rent Zestimate®

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    $2,517/mo

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    $2,517/mo

    Est. payment

    What's special

    This Has Been The Location Of The Carriage Inn Assisted Living Facility For The Past 8 Years And Was A Retirement Home For 30 Years Prior To That. As Of April 1St, Its License Was Changed To A Bed & Breakfast, But It Could Easily Be Return To Use As A 40 Bed Alf. Previous Alf Occupants Have Expressed An Interest In Returning To The Facility. The Main Part Of The Structure Was Built In 1963, With Large Additions Being Built On, In '73'. The Owner Has Replaced The Entire Roof And Over Half Of The Hvac Units Since 2004. The Majority Of The Rooms Are Suites, With A Separate Bedroom And Sitting Area, And A Half Bath. These Could Each Be Used As Semi-Private Rooms. Many Also Have Sliding Glass Doors, Going Out To Fenced Patio Areas. The Entire Facility Is Tastefully Decorated In A Manner That The Senior Residents Appreciated. They Have Expressed Opinions That That It Feels More Like Home, And Not Like An Institution. Full Commercial Kitchen And Laundry Facilities Are On Premises. All Of The Furniture, Decor And Equipment Convey (With The Exception Of A Few Personal Items). There Are Additional, Separate Storage Buildings, To The Back Of The Property. There Is Also Room To Expand On This 1 Acre Corner Location. While Being Used As An Alf, The Monthly Room Charges Ranged From $1,200. To $2,400. Per Month, With An Average Of $1,800. With That Average 40 Beds Could Gross $864,000. Per Year. All Inspections Were Performed And Passed Within The Last 6 Months. Ongoing Improvements Are Currently Being Made. Showings Are Strictly By Appointment Only.

    Facts & features

    Property

    Lot
    • Size: 0.99 Acres

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1963

    Community & neighborhood

    Location
    • Region: Panama City
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $404,300
    2% more+$8,086
    With Zillow Showcase(estimated)$412,386