1201 Grace Avenue A,B,C,D,E,F,G,H, Panama City, FL 32401

$700,000
Property Type: Residential Bedrooms: 16 Baths: 8 Square Footage: 5,600 Status: Sold
Current Price: $700,000 List Date: 8/17/2022 Last Modified: 9/25/2024

Overview

Description

Great Investment opportunity, four duplexes, eight total units, each 2 bedrooms, 1 bath. Centrally located in the heart of Panama City, 100% occupied. Well maintained, new metal roof, corner location with easy access to all units.

Listing Details MLS# 731039

Contract Info

List Price/SqFt
142.86

Location

Area
02 – Bay County – Central
Street #
1201
Street Name
Grace
Street Suffix
Avenue
Unit #
A,B,C,D,E,F,G,H
State
FL
Zip Code
32401
County
Bay
Sub Area
0203 – Bay – Central SW
Subdivision
Bry-Co Park
Community/Resort
None
Waterfront
No
Parcel ID
18421-001-000
Elementary School
Northside
Middle School
Jinks
High School
Bay
Directions
Take Harrison Ave south from Hwy 98 to right on 12th St, units on corner of Grace Ave,
Legal Description
BRY-CO PARK BEG 70.71' W OF SE COR LOT 1 TH W 69.29' N 110' E 69.55' S 110' TO POB BLK 2 ORB 1476 P 875 FOR MORTGAGE PURPOSES-UNITS A, B, C, D

General Property Info

Sub-Type
Duplex Multi-Units
Design
Duplex
Apx SqFt(Htd/Cooled)
5600
SqFt Source
Prop App Site
Full Baths
8
Total Baths
8
Year Built
1981
Construction Status
Construction Complete
Garage Y/N
No
Lot Dimensions
140×110

Status Change Info

Under Contract Date
2022-08-20
Sold Date
2022-09-12
Sold Price/SqFt
125

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
1563
Last Tax Year
2021
Brokerage Interest
No Interest

Remarks & Misc

Remarks
Great Investment opportunity, four duplexes, eight total units, each 2 bedrooms, 1 bath. Centrally located in the heart of Panama City, 100% occupied. Well maintained, new metal roof, corner location with easy access to all units.

More Information

Appliances

Cooktop – Electric
Yes
Oven – Electric
Yes
Refrigerator
Yes

Interior Features

Washer/Dryer Hookup
Yes

Construction/Siding

Roof – Metal
Yes

Financing

Cash
Yes
Conventional
Yes

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Features

Corner Lot
Yes

Lot Access

City Street
Yes

Parking Features

Unpaved
Yes

Present Zoning

Resid Multi-Family
Yes

Rooms

Bedroom
Yes
Kitchen
Yes
Living Room
Yes
Master Bathroom
Yes
Master Bedroom
Yes

Utilities

All Utilities
Yes
Electricity – Connected
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Sale Type

As Is
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Central
Yes

Property Features

Appliances: Cooktop – Electric; Oven – Electric; Refrigerator Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air Heating: Central Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Corner Lot Lot Access: City Street Parking Features: Unpaved Rooms: Bedroom; Kitchen; Living Room; Master Bathroom; Master Bedroom Sale Type: As Is Utilities: All Utilities; Electricity – Connected; Public Sewer – Connected; Water Connected Present Zoning: Resid Multi-Family

Room Information

Room Name Level Dimensions Length Width
Living Room First 12 x 14 12.00 14.00
Kitchen First 9 x 10 9.00 10.00
Master Bedroom First 12 x 11 12.00 11.00
Bedroom First 10 x 10 10.00 10.00
Master Bathroom 6 x 6 6.00 6.00
Living Room 14 x 12 14.00 12.00
Kitchen 10 x 9 10.00 9.00
Master Bathroom 6 x 6 6.00 6.00
Master Bedroom 11 x 12 11.00 12.00
Living Room 14 x 12 14.00 12.00
Kitchen 9 x 10 9.00 10.00
Master Bedroom 11 x 11 11.00 11.00
Master Bathroom 6 x 6 6.00 6.00
Living Room 14 x 12 14.00 12.00
Kitchen 9 x 10 9.00 10.00
Master Bedroom 11 x 10 11.00 10.00
Listing Office: ERA Neubauer Real Estate, Inc
Last Updated: September – 25 – 2024
Information deemed reliable but not guaranteed.