***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.
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
Owner options
What's special
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#: 743536
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
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$1,359,200
2% more+$27,184
With Zillow Showcase(estimated)$1,386,384