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  • Price$1,020,000
  • Beds8
  • Baths8
  • SQ. Feet4,288
  • Acres0.22
  • Built2016

1211 Stephen Drive, Panama City

*** ATTENTION INVESTORS *** SUPER MODERN QUADPLEX GENERATING $96,000.00 PER YEAR *** *** SELLER WILLING TO COOPERATE WITH $20,000.00 TOWARDS CLOSING COSTS **** Fully rented with 4 long-term leases, and security deposits! Short-term rentals projections over $144K/year! Very low expenses, insurance, taxes, and management costs represent an amazing % Cap rate/ROI!* Over $200k in upgrades...Completely renovated with top of the line! 8beds/8baths. New kitchen cabinets, Quartz countertops, new tile flooring in all 4 units including stairs, new recessed lighting trough out, freshly painted, new bathrooms, laundry rooms, landscaping, and much more!!!* Excellent central location close to the beach, St. Andrews Bay, downtown, and Tyndall Air Force base! * Call now, it won't last!!!

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Essential Information

  • MLS® #755127
  • Price$1,020,000
  • Bedrooms8
  • Bathrooms8.00
  • Full Baths8
  • Square Footage4,288
  • Acres0.22
  • Year Built2016
  • TypeResidential
  • Sub-TypeQuadruplex
  • StatusActive

Amenities

  • UtilitiesElectricity Connected, Other, Sewer Connected, Trash Collection, Water Connected
  • FeaturesLandscaped
  • ParkingAssigned, Parking Lot
  • GaragesAssigned, Parking Lot

Exterior

  • ExteriorBrick
  • Exterior FeaturesPatio
  • Lot DescriptionLandscaped
  • RoofShingle
  • ConstructionBrick

Additional Information

  • Date ListedApril 2nd, 2024

Community Information

  • Address1211 Stephen Drive
  • Area02 - Bay County - Central
  • Subdivision[No Recorded Subdiv]
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32405

Interior

  • Interior FeaturesKitchen Island, New Paint, Remodeled, Recessed Lighting
  • AppliancesElectric Range, Refrigerator
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories2

School Information

  • ElementaryNorthside
  • MiddleJinks
  • HighBay

Listing Details

  • Listing OfficeRed Real Estate Associates, LL

Price Change History for 1211 Stephen Drive, Panama City, FL (MLS® #755127)

Date Details Price Change
Price Reduced $1,020,000 $5,000 (0.49%)
Price Reduced $1,025,000 $25,000 (2.38%)
Price Reduced $1,050,000 $25,000 (2.33%)
Price Reduced (from $1,100,000) $1,075,000 $25,000 (2.27%)
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service