This 1.275-acre parcel is ready for a savvy investor who is ready to CASH FLOW!
This property offers 3 units. One currently rents at $800/month. The other two have rental potential of $1,600/month+ and were recently occupied. This totals $2,400/month OR MORE! Zoning is R-2 and allows for single family homes or duplexes for future development. If you remove a mobile home, another mobile home may be allowed within 12 months of removal. Buyer to verify.
Property on well/septic. This MULTI-FAMILY opportunity is a great option for investors who want to cash flow from day 1 and hold the property for future development.
Positioned in the Bayou George/Youngstown area of Panama City - this property is located with a few miles of Publix, restaurants, schools and a sports complex.
Please do not disturb tenants.
Sold for $50,000
Zillow last checked:
Listing updated:
Bought with:
Tonia Hathaway
CENTURY 21 Commander Realty
Source: CPAR,MLS#: 766343
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSPrice history
| Date | Event | Price |
|---|---|---|
| 3/20/2025 | Sold | $50,000-49.5%$20/sqft |
Source:  CPAR #766343 Report a problem | ||
| 3/4/2025 | Pending sale | $99,000$39/sqft |
Source:  ECAOR #964967 Report a problem | ||
| 3/1/2025 | Listed for sale | $99,000-29.3%$39/sqft |
Source: ECAOR #964967 Report a problem | ||
| 2/8/2025 | Contingent | $140,000$56/sqft |
Source: CPAR #766343 Report a problem | ||
| 2/8/2025 | Pending sale | $140,000$56/sqft |
Source: ECAOR #964967 Report a problem | ||
| 12/19/2024 | Listed for sale | $140,000+460%$56/sqft |
Source: CPAR #766343 Report a problem | ||
| 8/31/2004 | Sold | $25,000$10/sqft |
Source: Public Record Report a problem | ||
