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

$700,000
Property Type: Commercial for Sale Square Footage: 5,600 Lot Size (sq. ft.): 13,068 Status: Sold
Current Price: $800,000 List Date: 8/19/2022 Last Modified: 10/04/2024

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.

More Information MLS# 731112

Contract Info

List Price/SqFt: 142.86 List Date: 2022-08-19 List Price: $800,000 Current Price: $700,000 Sub-Type: Multi-Family

Location

Unit #: A,B,C,D,E,F,G,H Sub Area: 0203 – Bay – Central SW Community/Resort: None Waterfront: No Elementary School: Northside Middle School: Jinks High School: Bay Directions: South on Harrison Ave. from Hwy 98 to right on 12th Ave. Property on corner of Grace and 12th. Area: 02 – Bay County – Central Street #: 1201 Street Name: Grace Street Suffix: Avenue State: FL Zip Code: 32401 County: Bay Subdivision: Bry-Co Park Parcel ID: 18421-001-000 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

List Class: Residential Income Site Dimensions: 140×110 Acreage: 0.3 Construction Status: Construction Complete SqFt Tot Bldg: 5600 Year Built: 1981

Listing Info, Tax and Legal

HOA Fee: No

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.

Status Change Info

Sold Price/SqFt: 125 Sold Price/Acre: 2333333.33 Status: Sold Under Contract Date: 2022-08-20 Sold Date: 2022-09-12 Sold Price: $700,000

Construction/Siding

Roof – Metal: 1

Energy

AC – Central Elect: 1 Water Heater – Electric: 1

Financing

Cash: 1 Conventional: 1

Present Zoning

Resid Multi-Family: 1

Association Amenities

Dumpster: 1

Utilities

All Utilities: 1 Electricity – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Sale Type

As Is: 1

Business/Property

Furnished – None: 1

Floors in Unit/Home

One: 1

Heating/Cooling

AC – Central: 1 AC – HVAC: 1 Heat – HVAC: 1

Transport. Access

City Road: 1 Unpaved: 1

Property Features

Energy: AC – Central Elect; Water Heater – Electric Financing: Cash; Conventional Present Zoning: Resid Multi-Family Sale Type: As Is Utilities: All Utilities; Electricity – Connected; Public Sewer – Connected; Water Connected
Listing Office: ERA Neubauer Real Estate, Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.