Discover a prime investment opportunity in one of the most sought-after areas of Panama City, FL—Historic St. Andrews. This property is strategically located on HWY 98, the busiest road in the county. Currently, it features 4 rental units: a 3-bedroom, 2-bath home; two separate studio apartments; and one cottage with 1 bedroom and 1 bath, totaling 6 bedrooms and 5 baths. The rentals generate approximately $55,000 in annual income. Additionally, the property is equipped with solar panels that power the rentals. As Historic St. Andrews continues to grow, this property is poised for appreciation in value while providing a steady rental income. Don't miss out — call today to schedule the showing!
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
Last Updated: . Source: CPAR
Provided By
Listing Agent: Frank Trenholm (#B8944)
Listing Office: Coldwell Banker Realty (#BSA2)
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.