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2228 E 17th Street, Panama City, FL 32405

$1,350,000
Property Type: Residential Bedrooms: 15 Baths: 13 Square Footage: 7,120 Lot Size (sq. ft.): 41,818 Status: Sold
Current Price: $1,350,000 List Date: 6/04/2022 Last Modified: 10/20/2022

Description

Please ask your agent for updated information sheet showing monthly income / expenses. 5-Duplexes Blue/Red/Grey/Yellow (1bd/1ba), Green (2bd/1ba) and 1-Triplex that was completely renovated (1bd/1ba), this triplex is the original building with pexline water and cast iron sewer. The duplexes are brand new and have PVC sewer and pexline water. That is a Total of 13 doors in all. 11-units paying $900/month on the 1bd units and $1200/month on the 2 - 2bd units. All units tenant occupied. All the new units have central HVAC and brand new appliances. On-Site Rental Manager. Section 8 approved.

More Information MLS# 709512

Contract Info

Status: Sold List Date: 2021-03-24 List Price: $1,350,000 List Price/SqFt: 189.61 Current Price: $1,270,000

Location

Area: 02 - Bay County - Central Street #: 2228 Street Direction: E Street Name: 17th Street Suffix: Street State: FL Zip Code: 32405 County: Bay Sub Area: 0201 - Bay - Central NE Subdivision: No Named Subdivision Community/Resort: None Waterfront: No Parcel ID: 14740-040-000, 020-010, 020-000, 022-000, 021-000 Elementary School: Cedar Grove Middle School: Mowat High School: Bay Directions: From Hwy 98 and Sherman, head North on Sherman, turn left at Sherman. (5) Duplexes and (1) Triplex on the left just behind the commercial lot on the corner of Sherman & 17th Street. Legal Description: Multi parcel / Parcel ID's: 14740-040-000, 14740-020-010, 14740-020-000, 14740-022-000, 14740-021-000.

General Property Info

Sub-Type: Multi Family Design: N/A Apx SqFt(Htd/Cooled): 7120 SqFt Source: Owner Measured Bedrooms: 15 Full Baths: 13 Total Baths: 13 # of Stories in Building: 1 Year Built: 2021 Construction Status: Under Construction Garage Y/N: No Driveway Spaces: 140 Lot Dimensions: 300x140 Acreage: 0.96 Lot Size (SqFt): 41818 Beach Frontage: 300

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes Section: 34 Township: 3S Range: 14W

Status Change Info

Under Contract Date: 2022-08-09 Sold Date: 2022-10-19 Sold Price: $1,270,000 Sold Price/SqFt: 178.37 Sold Price/Acre: 1322916.67

Property Features

Appliances: Free-Standing Electric Range; Free-Standing Refrigerator; Water Heater - Electric Full Bathroom: First Bedroom: First Construction/Siding: Frame; Roof - Composite Shngl; Siding - CmntFbrHrdBrd Cooling: Central Air; Electric Exterior: Fenced Lot-Part Floors in Unit/Home: One Financing: Cash; Conventional; Owner Furnished: Furnished - None Kitchen: First Living Room: First Lot Access: Paved Road Parking Features: Driveway Rooms: Bedroom; Full Bathroom; Kitchen; Living Room Sale Type: As Is Utilities: Garbage; Public Sewer; Public Water Present Zoning: Commercial; General Commercial

Room Information

Kitchen Level: First Dimensions: 12 x 17 Length: 12.00 Width: 17.00 Dimensions: 12 x 17 Remarks: Kitchen / living (2-bed units) Bedroom Level: First Dimensions: 13.3 x 10.4 Length: 13.30 Width: 10.40 Dimensions: 13.3 x 10.4 Remarks: (2-bed units) Full Bathroom Level: First Dimensions: 5 x 7.5 Length: 5.00 Width: 7.50 Dimensions: 5 x 7.5 Remarks: (2-bed units) Bedroom Level: First Dimensions: 11.8 x 12 Length: 11.80 Width: 12.00 Dimensions: 11.8 x 12 Remarks: (2-bed units) Kitchen Level: First Dimensions: 12 x 17 Length: 12.00 Width: 17.00 Dimensions: 12 x 17 Remarks: (2-bed units) Bedroom Level: First Dimensions: 13.3 x 10.4 Length: 13.30 Width: 10.40 Dimensions: 13.3 x 10.4 Remarks: (2-bed units) Full Bathroom Level: First Dimensions: 5 x 7.5 Length: 5.00 Width: 7.50 Dimensions: 5 x 7.5 Remarks: (2-bed units) Bedroom Level: First Dimensions: 11.8 x 12 Length: 11.80 Width: 12.00 Dimensions: 11.8 x 12 Remarks: (2-bed units) Living Room Level: First Dimensions: 9.8 x 19 Length: 9.80 Width: 19.00 Dimensions: 9.8 x 19 Remarks: living/kitchen(1-bed units) Bedroom Level: First Dimensions: 8.5 x 18.8 Length: 8.50 Width: 18.80 Dimensions: 8.5 x 18.8 Remarks: (1-bed units) Full Bathroom Level: First Dimensions: 9.7 x 8 Length: 9.70 Width: 8.00 Dimensions: 9.7 x 8 Living Room Level: First Dimensions: 9.8 x 19 Length: 9.80 Width: 19.00 Dimensions: 9.8 x 19 Remarks: (1-bed units) Bedroom Level: First Dimensions: 8.5 x 18.8 Length: 8.50 Width: 18.80 Dimensions: 8.5 x 18.8 Remarks: (1-bed units) Full Bathroom Level: First Dimensions: 9.7 x 5 Length: 9.70 Width: 5.00 Dimensions: 9.7 x 5 Remarks: (1-bed units) Living Room Level: First Dimensions: 9.8 x 19 Length: 9.80 Width: 19.00 Dimensions: 9.8 x 19 Remarks: (1-bed units)
Listing Office: Coldwell Banker Realty
Last Updated: October - 20 - 2022

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.