Attention investors and/orowner occupants. This excellent investment opportunity awaits you in the
heart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zoned
multifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5
bathrooms, and a triplex with 3 one bedroom one bath apartments.
Separate water and electric meters for both structures. The main home has a mother-in-law quarters that
can also be separated to give a total of 5 rentals.
Fiberglass pool with saltwater system
Large lot with room for your ATV, boat or jet skis
2 car garage
Rental income of $5500-$6500/month, excellent Cap rate of at least 8%
SEE PROPERTY INCOME/EXPENSES ATTACHED IN DOCUMENTS
Seller is motivated, bring all offers!
Sold for $550,000
$550,000
3900 W 17th St, Panama City, FL 32401
7beds
4,383sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$125/sqft
$2,836 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,836/mo
Zestimate® history
Owner options
List your home for rent
$2,836/mo
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$2,836/mo
Rent Zestimate®
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$3,625/mo
Est. payment
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$3,625/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Joel Arguello 786-390-0083,
Weichert Realtors Rev Group
Bought with:
Joel Arguello
Weichert Realtors Rev Group
Source: CPAR,MLS#: 760978
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Exercise Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 19 x 15
Bedroom
- Level: First
- Dimensions: 14 x 14
Bedroom
- Level: First
- Dimensions: 10 x 11
Bedroom
- Level: First
- Dimensions: 8 x 10
Bedroom
- Level: First
- Dimensions: 8 x 10
Bedroom
- Level: First
- Dimensions: 8 x 10
Exercise room
- Level: First
- Dimensions: 11 x 16
Heating
- Central, Electric, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s), Multi Units, Separate Meters, Window Unit(s), Wall Unit(s)
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Features
- Has fireplace: Yes
Interior area
- Total structure area: 4,383
- Total interior livable area: 4,383 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: Fiberglass, Salt Water
- Fencing: Privacy
Lot
- Size: 0.53 Acres
- Dimensions: 132' x 168'
Details
- Parcel number: 28385000000
- Zoning description: City, Resid Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available, Water Connected
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Bayview Add
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $351,963
- Annual tax amount: $5,242
- Date on market: 11/22/2024
- Cumulative days on market: 63 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Listing removed | $2,800$1/sqft |
Source:  MIAMI #A11915918 Report a problem | ||
| 11/18/2025 | Listed for rent | $2,800+180%$1/sqft |
Source: MIAMI #A11915918 Report a problem | ||
| 12/9/2024 | Sold | $550,000-10.6%$125/sqft |
Source:  CPAR #760978 Report a problem | ||
| 11/24/2024 | Price change | $615,000-3.1%$140/sqft |
Source: CPAR #760978 Report a problem | ||
| 11/22/2024 | Listed for sale | $635,000$145/sqft |
Source: CPAR #761567 Report a problem | ||
| 10/11/2024 | Pending sale | $635,000$145/sqft |
Source: CPAR #760978 Report a problem | ||
| 9/18/2024 | Price change | $635,000-2.3%$145/sqft |
Source: CPAR #760978 Report a problem | ||
| 8/6/2024 | Listed for sale | $650,000$148/sqft |
Source: CPAR #760978 Report a problem | ||
| 9/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/5/2023 | Listed for rent | $1,000+2% |
Source: Zillow Rentals Report a problem | ||
| 6/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/17/2023 | Price change | $980-2% |
Source: Zillow Rentals Report a problem | ||
| 6/1/2023 | Listed for rent | $1,000-9.1% |
Source: Zillow Rentals Report a problem | ||
| 2/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/10/2023 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,220 +18.7% | $301,257 +10% |
| 2023 | $5,242 +62.6% | $273,870 +47.5% |
| 2022 | $3,223 | $185,703 |
| 2021 | -- | -- |
| 2020 | $1,514 +3.6% | $116,951 -10.9% |
| 2019 | $1,461 | $131,191 -15.7% |
| 2018 | $1,461 -16.6% | $155,574 +1.6% |
| 2017 | $1,752 +2.9% | $153,051 +1.6% |
| 2016 | $1,703 -2.5% | $150,581 +0.5% |
| 2015 | $1,746 | $149,763 +0.6% |
| 2014 | $1,746 | $148,836 +1.2% |
| 2013 | -- | $147,123 -1% |
| 2012 | -- | $148,582 +3.1% |
| 2011 | -- | $144,166 -0.7% |
| 2010 | -- | $145,170 +5.3% |
| 2009 | -- | $137,847 +0.1% |
| 2008 | -- | $137,656 +8.1% |
| 2007 | -- | $127,314 +3.5% |
| 2006 | -- | $123,065 +3% |
| 2005 | -- | $119,481 +50.1% |
| 2004 | -- | $79,589 +1.9% |
| 2003 | -- | $78,105 +2.4% |
| 2002 | -- | $76,274 +1.6% |
| 2001 | -- | $75,073 +5.9% |
| 2000 | -- | $70,906 |
Find assessor info on the county website
Neighborhood: 32401
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Nearby schools
GreatSchools rating
- 4/10Lucille Moore Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 2.6 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Lucille Moore
- Middle: Jinks
- High: Bay
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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- Florida
- Bay County
- Panama City
- 32401
- 3900 W 17th St
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