1000 Transmitter Road, Panama City, FL 32401
$1,250,000
Property Type:
Residential
Bedrooms:
20
Baths:
10
Square Footage:
8,310
Lot Size (sq. ft.):
15,682
Status:
Sold
Current Price:
$1,250,000
List Date:
7/13/2024
Last Modified:
1/27/2025
Listing Details MLS# 759896
Contract Info
- List Price/SqFt
- 167.27
Location
- Area
- 02 – Bay County – Central
- Street #
- 1000
- Street Name
- Transmitter
- Street Suffix
- Road
- State
- FL
- Zip Code
- 32401
- County
- Bay
- Sub Area
- 0202 – Bay – Central SE
- Subdivision
- No Named Subdivision
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 15029-085-000
- Elementary School
- Parker
- Middle School
- Rutherford Middle
- High School
- Rutherford
- Directions
- Just east of the intersection of Transmitter and 11th St.
- Legal Description
- 1 4S 14W -104.56A- COM INTER OF S R/W LI 11TH ST & E R/W LI TRANSMITTER RD TH S 100' FOR POB TH CONT S 106.67' E 83.85' N 106.30' W 83.85' TO POB TOG/W EAS INGRESS/EGRESS ORB 4106 P 1784
General Property Info
- Sub-Type
- Multi Family
- Floor Number
- 2
- Design
- N/A
- Apx SqFt(Htd/Cooled)
- 8310
- SqFt Source
- Prop App Site
- Full Baths
- 10
- Total Baths
- 10
- Year Built
- 1986
- Construction Status
- Construction Complete
- Garage Y/N
- No
- Lot Dimensions
- 154×107
- Acreage
- 0.36
- Lot Size (SqFt)
- 15682
Status Change Info
- Under Contract Date
- 2024-08-22
- Sold Date
- 2024-10-16
- Sold Price/SqFt
- 150.42
- Sold Price/Acre
- 3472222.22
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 598
- Last Tax Year
- 2023
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- Situated at 1000 Transmitter Rd, this property unveils a compelling investment opportunity featuring ten extensively renovated two-bedroom, one-bathroom units, each approved for Section 8 rentals at an attractive rate of $1300 per unit. Boasting contemporary amenities, including full-sized kitchens, washer and dryer hookups, separate metering, a 2019-permitted roof, 2020 water heaters, 2020 HVAC (excluding condensers), a new deck, updated sewer lines, wiring, and a refurbished parking lot with ample tenant parking, these 830 sqft units epitomize modern living. Nestled in the heart of Bay County, Florida, the city of Panama City has experienced a remarkable population surge, reaching 36,775 residents in 2023—a 12.27% increase since the 2020 census. With an annual growth rate of 3.93%, Panama City stands as a testament to economic resilience, offering compelling prospects for both residents and businesses. The city's average household income of $70,585 fosters financial well-being in the community. Additionally, the recent boost in military construction funding for Tyndall Air Force Base, reaching an impressive $3.4 billion, not only marks a pivotal moment in the base's recovery from Hurricane Michael but is expected to drive job growth and housing demand in the surrounding area, painting a promising economic landscape. As Tyndall AFB transforms into an ''installation of the future,'' this property at 1000 Transmitter Rd becomes not just a home but a strategic investment within a thriving community poised for economic revitalization. Parcels include 15029-085-000, 15029-085-001, & 15029-085-002
More Information
Financing
- Cash
- Yes
- Conventional
- Yes
Furnished
- Unfurnished
- Yes
Rooms
- Bedroom
- Yes
Utilities
- Electricity – Connected
- Yes
- Garbage
- Yes
- Public Sewer – Connected
- Yes
- Sewer Available
- Yes
- Public Water – Connected
- Yes
Accessibility Features
- Common Area
- Yes
Bedroom
- First
- Yes
- Second
- Yes
Property Features
Accessibility Features:
Common Area
Bedroom:
First; Second
Financing:
Cash; Conventional
Furnished:
Unfurnished
Rooms:
Bedroom
Utilities:
Electricity – Connected; Garbage; Sewer Available; Public Sewer – Connected; Public Water – Connected
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
| Bedroom | Second | 10 x 10 | 10.00 | 10.00 |
Listing Office:
EXP Realty LLC
Last Updated: January – 27 – 2025
Information deemed reliable but not guaranteed.