5115 10th Street A,b,c,d, Panama City, FL 32404
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Priced at Only: $850,000
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Address: 5115 10th Street A,b,c,d, Panama City, FL 32404
Property Location and Similar Properties
- MLS#: 777481 ( CommercialSale )
- Street Address: 5115 10th Street A,b,c,d
- Viewed: 1
- Price: $850,000
- Price sqft: $164
- Waterfront: No
- Year Built: 1996
- Bldg sqft: 5174
- Days On Market: 4
- Additional Information
- Geolocation: 30.1662 / -85.5978
- County: BAY
- City: Panama City
- Zipcode: 32404
- Subdivision: No Named Subdivision
- Elementary School: Parker
- Middle School: Everitt
- High School: Rutherford
- Provided by: Think Real Estate
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DescriptionInvestment Opportunity 4 Unit Quadplex on 1.8 Acres with Expansion PotentialThis rare multi family property offers strong rental income and future growth opportunities. Sitting on 1.8 acres, it includes a four unit townhome quadplex plus a rented mobile home, with plenty of space to add more units or amenities. Unit A is a spacious 3 bedroom, 2.5 bath home with approximately 1,400 square feet of heated and cooled space, a large fenced backyard, and a private pool. The remaining three units each feature 2 bedrooms, 1.5 baths, and approximately 903 square feet. All units are separately metered for water and electric, with tenants responsible for their own utilities. The mobile home on site provides additional income, and the extra acreage offers excellent potential for future development, subject to local zoning. Conveniently located with easy access to Tyndall Air Force Base, shopping, and schools, this property is ideal for investors looking for immediate cash flow and long term appreciation
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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
- Roof: Shingle
School Information
- High School: Rutherford
- Middle School: Everitt
- School Elementary: Parker
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, Electric, MultiUnits
- Heating: Central, Electric
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Legal Description: 1 4S 14W -91- 118A4 BEG 360' S & 500' E OF NW COR OF SE1/4 E 300' S 90' W 100' S 160' W 100' S 50' W 122' N 95' W 100' S 95' W 78' N 210' E 200' N 9 0' TO POB LESS MTG PRCLS PER REQUEST OF MR T 91.1-91.2-91.3 ORB 4666 P 801
- Levels: Two
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 15012-000-000
- The Range: 0.00
- Unit Number: A, B, C, D
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