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Sold for $425,000
  • $425,000

    3746 E 9th St #3746-3748-3750, Panama City, FL 32401

    2beds
    936sqft
    Triplex, Multi Family
    Built in 1983
    -- sqft lot
    $420,300 Zestimate®
    $454/sqft
    $1,112 Estimated rent

    Home value

    $420,300

    $382,000 - $462,000

    $1,112/mo

    Zestimate® history
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    $2,757/mo

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    What's special

    Investor Alert! Prime Multi-Family Opportunity in the Heart of Springfield, FL *Brand New AC units are being installed in all 3 units this week! Seller is also giving a $15,000 buyer concession! This fully occupied triplex on 9th Street is a rare gem for any savvy investor. Strategically located in the very center of Springfield, this income-producing property sits just steps away from what will soon become the city's new civic hub. Directly across the street from the site of the under-construction City Hall, Fire Department, Police Station, and Public Works Facility, this property is poised for long-term appreciation and sustained rental demand. Each of the three spacious units offers 2 bedrooms and 1.5 bathrooms—an ideal layout for working professionals and small families. Two of the units underwent full renovations in 2020, offering updated finishes, modern conveniences, and move-in-ready interiors. A new roof was installed in 2020, adding peace of mind and reducing maintenance concerns for years to come. This property has a proven track record of consistent full occupancy, thanks to its desirable location and the area's strong workforce housing demand. With over 1,000 employees expected to occupy the new government complex by 2027 (with partial occupancy by 2026), the rental potential is only expected to grow. Whether you're a seasoned investor expanding your portfolio or a new buyer seeking a high-demand rental location, this is an opportunity that should not be overlooked. The seller is motivated and ready to consider all serious offers—don't miss out! Schedule your showing today and secure this high-potential property before it's gone!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael C McKinney 850-527-4479,

    Counts Real Estate Group Inc

    Bought with:

    Zack Seltzer

    Seltzer Real Estate, LLC

    Source: CPAR,MLS#: 775923MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Family Room
    Bedroom
    • Description: to verify measure yourself
    • Level: Second
    • Dimensions: 10 x 12
    Bedroom
    • Description: to verify, measure yourself
    • Level: Second
    • Dimensions: 10 x 10
    Family room
    • Description: to verify, measure yourself
    • Level: First
    • Dimensions: 15 x 12
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Range, Electric Water Heater
    Features
    • Interior Steps
    • Windows: Storm Window(s)
    Interior area
    • Total structure area: 936
    • Total interior livable area: 936 sqft

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Fencing: Fenced
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 64 x 80
    • Features: Paved
    Details
    • Parcel number: 15300002000
    • On leased land: Yes
    • Zoning description: City, Resid Multi-Family, Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding, Wood Frame
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: [No Recorded Subdiv]
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $454/sqft
    • Annual tax amount: $3,176
    • Date on market: 7/7/2025
    • Cumulative days on market: 86 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/19/2025Sold$425,000-8.6%$454/sqft
    Source: CPAR #775923 Report a problem
    10/3/2025Pending sale$465,000$497/sqft
    Source: CPAR #775923 Report a problem
    9/16/2025Price change$465,000-9.3%$497/sqft
    Source: CPAR #775923 Report a problem
    7/7/2025Listed for sale$512,900$548/sqft
    Source: CPAR #775923 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Parker
    • Middle: Rutherford Middle
    • High: Rutherford

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $420,300
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    +$8,406
    With Zillow Showcase(estimated)
    $428,706