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  • Price$995,000
  • Acres0.39
  • Built1977

1400 Gulf Avenue # 1-10, Panama City

Exceptional investment opportunity in a strong & growing north Florida market. Featuring 10 one bedroom, one bathroom units the property consistently remains full and provides a high demand niche in the local rental market. Boasting a new roof in 2019 and exterior as well as interior renovations including a full gut on half of the units the property displays meticulous care and resilience. Bay County, FL is experiencing unprecedented population growth since Hurricane Michael in 2018 and continues to do so. A thriving and diverse local economy as well as two military bases ensures a solid investment outlook for years to come.

Essential Information

  • MLS® #757928
  • Price$995,000
  • Bathrooms0.00
  • Acres0.39
  • Year Built1977
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StatusActive

Amenities

  • UtilitiesSewer Available, Water Available

School Information

  • ElementaryNorthside
  • MiddleJinks
  • HighBay

Listing Details

  • Listing OfficeCENTURY 21 Commander Realty

Community Information

  • Address1400 Gulf Avenue # 1-10
  • Area02 - Bay County - Central
  • SubdivisionSunnyland Heights
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32401

Interior

  • HeatingMulti-Fuel, Other, See Remarks, Ceiling
  • CoolingOther, See Remarks, Window Unit(s)
  • Stories1

Additional Information

  • Date ListedMay 31st, 2024

Price Change History for 1400 Gulf Avenue # 1-10, Panama City, FL (MLS® #757928)

Date Details Price Change
Active
Pending (from Active)
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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