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Sold for $1,350,713 on 08/11/23
  • $1,350,713

    5012 Gulf Dr, Panama City, FL 32408

    8beds
    3,500sqft
    Quadruplex, Multi Family
    Built in 1973
    -- sqft lot
    $1,359,200 Zestimate®
    $386/sqft
    $1,922 Estimated rent

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    $1,922/mo

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    $1,922/mo

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    $8,771/mo

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    $8,771/mo

    Est. payment

    What's special

    ***Multiple offers. Highest and best due by 5pm July 6*** Short term quadplex located across the street from the beach and public access. This multifamily complex has a pool and NO HOA. Each of the four units features 2 bedrooms and 2 full baths. Turn key rental machine. Construction is all brick with 2 layers of elastomeric stucco and elastomeric paint. Roof is 2019 and metal composite shingle. All water heaters replaced in 2021. Windows and doors were replaced under current ownership. Floors have all been updated to LVP with thicker rubber backing. Parking lot features 10 spots, 2 per unit, and two extra for vendors or overflow. Property is very low maintenance having no grass or need for lawn service. Financials available upon request. This is the opportunity to own your own condo complex and avoid rising HOA fees and assessments.

    Zillow last checked: 8 hours ago

    Listing updated: 10 hours ago

    Listed by:

    Cherie Alexander 850-960-1554,

    Counts Real Estate Group Inc

    Bought with:

    Nathan Lawrence, 3107484

    Keller Williams Success Realty

    Source: CPAR,MLS#: 743536MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Interior area
    • Total structure area: 3,500
    • Total interior livable area: 3,500 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: In Ground
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Lot
    • Size: 8,960 sqft
    • Dimensions: 112 x 80
    Details
    • Parcel number: 32256040000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1973

    Community & neighborhood

    Community
    • Community features: Short Term Rental Allowed
    Location
    • Region: Panama City
    • Subdivision: No Named Subdivision
    Sell with ease on Zillow
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    $1,359,200
    2% more+$27,184
    With Zillow Showcase(estimated)$1,386,384