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

2228 E 17th St, 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.

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Essential Information

  • MLS® #949535
  • Price$1,500,000
  • Bedrooms15
  • Bathrooms13.00
  • Full Baths13
  • Square Footage7,120
  • Acres0.96
  • Year Built2020
  • TypeResidential
  • Sub-TypeAttached Single Unit
  • StyleDuplex
  • StatusActive

Amenities

  • UtilitiesElectric Available, Public Water Available, Public Sewer Available
  • PoolCommunity, Private

School Information

  • ElementaryCEDAR GROVE
  • MiddleMowat
  • HighBAY

Listing Details

  • Listing OfficeScenic Sotheby's International Realty

Community Information

  • Address2228 E 17th St
  • AreaBay County
  • SubdivisionNo Named Subdivision
  • CityPANAMA CITY
  • CountyBAY
  • StateFL
  • Zip Code32405

Interior

  • CoolingA/C: Central Electric
  • # of Stories1

Additional Information

  • Days on Website86
  • ZoningResidential Multi-Family
  • HOA Fees0.00

Price Change History for 2228 E 17th St, PANAMA CITY, FL (MLS® #949535)

Date Details Price Change
Price Reduced (from $1,600,000) $1,500,000 $100,000 (6.25%)
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.