Single Family for Sale: 3900 W 17th ST, Panama City, FL 32401 SOLD
4 beds
3 full, 1 half baths
4383
$550,000
$550,000
3900 W 17th ST,
Panama City, FL 32401 SOLD
4 beds
3 full, 1 half baths
4383
$550,000
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Selling Price: $550,000
Sold Date: 12/09/2024
Type Single Family
Style Bungalow
Beds 4
Bathrooms 4
Square Footage 4,383 sqft
Lot Size 0.53 acres
Year Built 1950
City Panama City
County Bay
Subdivision Bayview Add
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!
Lot & Building Features
Appliances Disposal, Washer, Refrigerator, Microwave, Electric Water Heater, Electric Range, Electric Oven, Dryer
Style Bungalow
Construction Materials Vinyl Siding
Cooling Ceiling Fans, Window Units, Wall Units, Separate Meters, Multi Units, Electric, Central Air
Heating Electric, Separate Meters, Fireplaces
Parking Features Attached, Rv Access Parking, Garage Door Opener, Garage
Tax Year 2023
Fireplace Features Electric
Lot Dimensions 168'x133'
Community and Schools
Elementary School Lucille Moore
Junior High School Jinks
Senior High School Bay
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