3900 W 17th ST

Panama City, FL 32401
$635,000
4383 sqft | 4 beds | 3.5 baths | 0.53 acres | #761567

Description

Attention investors and/or owner occupants. This excellent investment opportunity awaits you in theheart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zonedmultifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5bathrooms, and a triplex with 3 one bedroom one bath apartments.Zoning and lot size allow for more units to be built. Separate water and electric meters for both structures. The main home has large amounts of open living space, as well as a mother-in-law quarters that can serve as a 5th unit. Fiberglass pool with saltwater systemLarge lot with room for your ATV, boat or jet skis2 car garageRental income of $5500-$6500/month, excellent Cap rate of at least 8%SEE PROPERTY INCOME/EXPENSES ATTACHED IN DOCUMENTSMotivated Seller, bring all offers!

  • Interior Details
    • Interior Features
      • Interior:Bookcases, Fireplace, High Ceilings, Recessed Lighting, Vaulted Ceilings
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:3.5
      • Full Baths:3
      • Half Baths:1
  • Property Details
    • Property
      • Exterior materials:Patio
    • Measurements
      • Acres:0.53
      • Square Feet:4383
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Style:Bungalow
    • Condition
      • Year built:1950
  • Utilities / Energy Details
    • Utility
      • Utility features:Cable Connected, Electricity Connected, Phone Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:Bayview Add
    • Location
      • Elementary School:Lucille Moore
      • Middle School:Jinks
      • High School:Bay
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):64
      • Taxes annual:$5, 242
  • Other
    • Source
      • MLS #:761567

Location

Tishawn PackardReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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