Sold for $390,000

$390,000

5605 Sunset Ave #A, Panama City, FL 32408

4beds

1,450sqft

Duplex, Multi Family

Built in 1983

-- sqft lot

$430,800 Zestimate^®

$269/sqft

$1,978 Estimated rent

Home value

$430,800

$396,000 - $474,000

$1,978/mo

Zestimate^® history

Owner options

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$1,978/mo

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$1,978/mo

Rent Zestimate^®

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$2,533/mo

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$2,533/mo

Est. payment

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What's special

PENDING This duplex is perfectly located just three blocks from the beach and a short stroll to the lagoon with a public boat ramp. With a little TLC and furnishings, this property could be your income-producing gem. Investors, this one's for you! Key Features: Ideal location for short-term rentals. Potential rental income of $30k to $40k PER UNIT. Newer water heater and HVAC. Last roof permit issued in 2018. Don't miss out on fantastic opportunity. Fenced in back yard, photos to come. Please be aware that all measurements provided in this listing are approximate. It is the buyer's responsibility to conduct due diligence and verify these measurements to ensure they align with their specific needs and requirements.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom, Full Bath, Living Room, Primary Bedroom

Primary bedroom

Level: First
Dimensions: 12.9 x 9.3

Bedroom

Level: First
Dimensions: 12.2 x 10.5

Other

Level: First
Dimensions: 9.2 x 4.11

Living room

Level: First
Dimensions: 11.6 x 14.6

Heating

Central

Cooling

Central Air, Ceiling Fan(s), Multi Units, Separate Meters

Appliances

Included: Electric Range, Electric Water Heater

Interior area

Total structure area: 1,450
Total interior livable area: 1,450 sqft

Property

Parking

Parking features: Additional Parking, Gravel

Features

Levels: One
Stories: 1
Patio & porch: Open, Porch

Lot

Size: 6,098 Square Feet
Dimensions: 50 x 120
Features: Paved

Details

Parcel number: 31903000000
Zoning description: Resid Multi-Family
Special conditions: Listed As-Is

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family
Attached to another structure: Yes

Materials

Stucco
Roof: Metal

Condition

Year built: 1983

Community & HOA

Community

Features: Short Term Rental Allowed
Subdivision: Baltimore Beach

HOA

Has HOA: No

Location

Region: Panama City

Financial & listing details

Price per square foot: $269/sqft
Annual tax amount: $1,467
Date on market: 8/30/2023
Cumulative days on market: 3 days

Price history

Date	Event	Price
10/17/2023	Sold	$390,000-6%$269/sqft
Source: CPAR #745805 Report a problem
9/20/2023	Pending sale	$415,000$286/sqft
Source: CPAR #745805 Report a problem
8/31/2023	Contingent	$415,000$286/sqft
Source: CPAR #745805 Report a problem
8/30/2023	Listed for sale	$415,000$286/sqft
Source: CPAR #745805 Report a problem