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  • Price$1,500,000
  • Beds15
  • Baths13
  • SQ. Feet7,120
  • Acres0.96
  • Built2020

2228 E 17th Street, Panama City

Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.

Essential Information

  • MLS® #756905
  • Price$1,500,000
  • Bedrooms15
  • Bathrooms13.00
  • Full Baths13
  • Square Footage7,120
  • Acres0.96
  • Year Built2020
  • TypeResidential
  • Sub-TypeMulti Family
  • StatusActive

Amenities

  • UtilitiesSewer Connected, Water Connected
  • ParkingDriveway
  • GaragesDriveway

Exterior

  • ExteriorFrame, Hardboard
  • RoofShingle, Composition
  • ConstructionFrame, Hardboard

Additional Information

  • Date ListedMay 10th, 2024

Community Information

  • Address2228 E 17th Street
  • Area02 - Bay County - Central
  • SubdivisionNo Named Subdivision
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32405

Interior

  • AppliancesElectric Cooktop, Electric Water Heater, Refrigerator, Electric Oven
  • CoolingCentral Air, Electric

School Information

  • ElementaryCedar Grove
  • MiddleMowat
  • HighBay

Listing Details

  • Listing OfficeScenic Sotheby's International Realty

Price Change History for 2228 E 17th Street, Panama City, FL (MLS® #756905)

Date Details Price Change
Price Reduced (from $1,600,000) $1,500,000 $100,000 (6.25%)
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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