Excellent opportunity to own fully rented investment property on Panama City Beach. All units have been well maintained and have tile flooring, newer appliances, paint, and fixtures. AC's have been replaced in 2 of the units, windows have also been replaced within past 8 years. Each unit has an outside deck or patio, and Unit B even has a 1 car garage. The area is very popular for rentals and is close to the Navy Base, Beaches and easy to get to. Location is just off North Lagoon Dr. Roof and AC were replaced in 2007. Septic tank and drain fields were replaced in 2017. Rent Rolls are available upon request. All units are currently under a long term lease.
Off market
Street View
Zestimate®
$387,500
7220 Poinciana Dr, Panama City Beach, FL 32408
4beds
2,158sqft
MultiFamily
Built in 1973
-- sqft lot
$387,500 Zestimate®
$180/sqft
$2,210 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Electric
Cooling
- Other
Appliances
- Included: Dishwasher, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 2,158 sqft
Property
Parking
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Stucco, Wood, Cement / Concrete
Lot
- Size: 9,147 sqft
- Features: Corner, Rec Subdiv
Details
- Parcel number: 31010000000
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Composition
Condition
- Year built: 1973
Utilities & green energy
- Utilities for property: Electric, Public Water, Septic Tank, Garbage
Community & neighborhood
Location
- Region: Panama City Beach
Other
Other facts
- Existing Leases: 7 - 12 Months
- Utilities: Electric, Public Water, Septic Tank, Garbage
- Energy: AC - Central Elect, Heat - Central Electric
- Exterior: Balcony, Fenced Lot-Part
- Lot Access: Paved Road
- Bedroom - Master: 2nd Floor, 1st Floor
- Rooms: Bedroom - Additional, Bedroom - Master, Living Room
- Furnished: Furnished - None
- Appliances: Stove/Oven Electric
- Bedroom - Additional: 1st Floor
- SqFt Source: Prop App Site
- Parking Features: Garage
- Lot Features: Corner, Rec Subdiv
- Is Subject Leased: Yes
- Living Room: 2nd Floor
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$387,500
2% more+$7,750
With Zillow Showcase(estimated)$395,250