****SHORT TERM 10 UNIT MULTIPLEX*****IN WALKING DISTANCE FROM THE BEACH, THIS MULTI DWELLING CAN BE USED COMMERCIAL OR RESIDENTIAL. YOU CANNOT FIND THIS KIND OF INVESTMENT ANYWHERE DOWN THE BEACH.CURRENTLY RENTING AS LONG TERM, GARDENIA CAN BE CONVERTED INTO 4 ONE BEDROOM AND 6 STUDIOS SHORT TERM VACATION RENTALS. IT GROSSED $102,300 FOR 2020.2020 TAXES $3,879.75 2020 INSURANCE $2,000.00 ELECTRIC $4,887.52 ANNUALTRASH: $786.00: ANNUALWATER: $2637 ANNUALMAINTENANCE: $1585IF YOU CAN INVISION FUTURE REVENUE, SELLER HAS OBTAINED A PROJECTED ANNUAL INCOME FROM VACASA AND IT IS SAID EACH UNIT CAN GROSS UP TO $25K EACH. (ALL FUTURE RATES ARE EST.)
Off market
Zestimate®
$1,297,200
617 Gardenia St, Panama City Beach, FL 32407
10beds
4,050sqft
SingleFamily
Built in 2000
0.28 Acres Lot
$1,297,200 Zestimate®
$320/sqft
$3,522 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Heat pump
Cooling
- Other
Appliances
- Included: Dishwasher, Refrigerator
Features
- Flooring: Tile
Interior area
- Total interior livable area: 4,050 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Brick, Cement / Concrete
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.28 Acres
- Features: Landscaped, Within 1/2 Mile to Water
Details
- Parcel number: 34470010000
Construction
Type & style
- Home type: SingleFamily
Materials
- Concrete Block
- Roof: Shake / Shingle
Condition
- Year built: 2000
Utilities & green energy
- Utilities for property: All Utilities
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Panama City Beach
Other
Other facts
- Utilities: All Utilities
- Existing Leases: 7 - 12 Months
- Special List Prov: Subject to Lease
- Energy: AC - Central Elect, Ceiling Fans, Heat - Central Electric, Water Heater - Electric
- Mstr Bdrm/Mstr Bath: MBath Tile, MBath Shower/Tub Combo, MBed First Floor
- Interior: Washer/Dryer Hookup, Window Treatmnt None, Floor Tile, Renovated
- Appliances: Dishwasher, Disposal, Refrigerator, Electric Range
- Lot Access: City Road, Paved Road
- Lot Features: Landscaped, Within 1/2 Mile to Water
- Furnished: Furnished - None
- SqFt Source: Prop App Site
- Occupancy Status: Occupied
- Project Facilities: Beach, TV Cable
- Exterior: Porch, Patio Covered, Renovated, Patio Enclosed
- Present Zoning: City, Resid Multi-Family
- List Type: Exclusive Right of Sale
- Trans Broker Comp Type: %
- Parking Features: Paved, Parking Lot
- Rooms: Bedroom
- Bedroom - Additional: First, Second
- Sub-Type: Multi Family
- Security Features: Smoke Detector(s)
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$1,297,200
2% more+$25,944
With Zillow Showcase(estimated)$1,323,144