Quadplex for Sale: 5012 Gulf #1, Panama City Beach, FL 32408

8 beds
8 full baths
3500
$1,900,000
$1,900,000
5012 Gulf #1, Panama City Beach, FL 32408
8 beds
8 full baths
3500
$1,900,000
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Price:
$1,900,000

Type Quadplex
Beds 8
Bathrooms 8
Square Footage 3,500 sqft
Year Built 1973

City Panama City Beach
County Bay
Subdivision [No Recorded Subdiv]
**Investment Opportunity: Beachside Quadplex**Discover a prime investment opportunity with this turnkey quadplex, perfectly situated across a quiet street from the beach and directly at the public access. This multifamily complex is not just a property; it's a lucrative rental machine with a proven track record of success, boasting 5-star reviews on Airbnb.- **Four Units, Each with 2 Bedrooms and 2 Full Baths:** Ideal for attracting vacationers and long-term renters alike.- **Amenities:** Enjoy a refreshing pool and the convenience of no HOA fees, maximizing your investment returns.- **Recent Upgrades:** All-brick construction with two layers of elastomeric stucco and paint, plus a brand-new 2024 standing seam metal roof. Water heaters replaced in 2021 and modernized windows and doors ensure low maintenance.- **Modern Interiors:** Updated LVP flooring with thicker rubber backing for durability and comfort.- **Proven Rental Success:** This property consistently generates strong rental income, supported by its stellar 5-star Airbnb reviews from satisfied guests.- **Ample Parking:** A spacious lot with 10 designated spots (2 per unit), plus additional space for vendors or overflow.This property requires minimal upkeep with no grass or lawn service, making it an attractive option for hassle-free ownership. Financials are available upon request. Don't miss this chance to own a profitable condo complex while avoiding rising HOA fees and assessments. Invest in your future today! Seller is willing to sell only two units inquire if Intrested.

Lot & Building Features

Appliances Dishwasher, Washer Dryer Stacked, Refrigerator, Microwave, Electric Range
Construction Materials Stucco
Cooling Central Air
Heating Central
Parking Features Additional Parking, Paved
Tax Year 2023
Lot Dimensions 112X80

Community and Schools

Elementary School Patronis
Junior High School Surfside
Senior High School Arnold

Map of 5012 Gulf, Panama City Beach, FL

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5012 Gulf (MLS #766283) is a quadplex listing located in Panama City Beach, FL. This quadplex listing is 3,500 sqft with 8 bedrooms and 8 baths. This property was listed on 12/17/2024 and has been priced for sale at $1,900,000.

Nearby zip codes are 32407. This property neighbors other cities such as Panama City.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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