130 Beulah Avenue, Panama City, FL 32404 (MLS# 755363)

130 Beulah Avenue, Panama City, FL 32404

$785,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 6,656 Status: Sold

Current Price: $785,000 List Date: 4/08/2024 Last Modified: 9/27/2024

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Calling all Investors! This 8-unit, established income producing property near Tyndall AFB is ready for a new owner. All units have tenants already in place. The current rental income averages over $7,700 monthly. Each apartment offers 2 bedrooms, 1 bathroom, laundry closet and 832 square feet of living space. The roof was replaced in 2023. The parking lot has space for 10 vehicles, or 20 if you park two deep. The complex is located in the heart of Callaway, on a corner lot and just a few blocks from John Gore Park, Callaway Bayou, and a public boat ramp.

Listing Details MLS# 755363

Contract Info

List Price/SqFt: 120.19

Location

Area: 02 – Bay County – Central
Street #: 130
Street Name: Beulah
Street Suffix: Avenue
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 06805-000-000
Elementary School: Callaway
Middle School: Rutherford Middle
High School: Rutherford
Directions: Heading south on Tyndall Parkway, turn left on Cherry Street, right on Beulah Avenue. Complex is on the corner of Beulah Avenue and Chipewa Street.
Legal Description: CALLAWAY PLAT LOTS 15 & 16 & THAT PT OF ALLEY BLK 17 ORB 4178 P 2146

General Property Info

Sub-Type: Quadplex Multi-Units
Floor Number: 2
Design: N/A
Apx SqFt(Htd/Cooled): 6656
SqFt Source: Prop App Site
Full Baths: Yes
Total Baths: Yes
# of Stories in Building: 2
# of Units in Bldg: 8
Year Built: 1986
Construction Status: Construction Complete
Garage Y/N: No
Driveway Spaces: 20
Lot Dimensions: 100×100

Status Change Info

Under Contract Date: 2024-05-16
Sold Date: 2024-07-19
Sold Price/SqFt: 117.94

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 7960
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Calling all Investors! This 8-unit, established income producing property near Tyndall AFB is ready for a new owner. All units have tenants already in place. The current rental income averages over $7,700 monthly. Each apartment offers 2 bedrooms, 1 bathroom, laundry closet and 832 square feet of living space. The roof was replaced in 2023. The parking lot has space for 10 vehicles, or 20 if you park two deep. The complex is located in the heart of Callaway, on a corner lot and just a few blocks from John Gore Park, Callaway Bayou, and a public boat ramp.

More Information

Dining Room

First: Yes

Master Bathroom

First: Yes

Appliances

Range – Electric: Yes
Refrigerator: Yes
Water Heater – Electric: Yes

Interior Features

Washer/Dryer Hookup: Yes
Floor – Tile: Yes
Floor – Vinyl: Yes
Floor – Vinyl Plank: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Roof – Asphalt: Yes
Roof – Other: Yes
Siding – Stucco: Yes
Siding – Vinyl: Yes
Trim – Aluminum: Yes

Exterior

Deck Covered: Yes
Dumpster: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Living Room

First: Yes

Lot Access

City Street: Yes
Paved Road: Yes

Parking Features

Guest: Yes
Parking Lot: Yes
Paved: Yes

Mstr Bath / Mstr Bdrm

MBath Shower/Tub Combo: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Living Room: Yes
Master Bathroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
Multi Units: Yes

Heating

Central: Yes
Electric: Yes

Security Features

Smoke Detector(s): Yes

Property Features

Appliances: Range – Electric; Refrigerator; Water Heater – Electric Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric; Multi Units Heating: Central; Electric Exterior: Deck Covered; Dumpster Financing: Cash; Conventional Furnished: Unfurnished Living Room: First Lot Access: City Street; Paved Road Master Bathroom: First Dining Room: First Security Features: Smoke Detector(s) Parking Features: Guest; Parking Lot; Paved Rooms: Bedroom; Dining Room; Living Room; Master Bathroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected; Water Connected

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	14 x 13	14.00	13.00
Dining Room	First	15 x 8	15.00	8.00
Master Bathroom	First	14 x 10	14.00	10.00
Bedroom	First	13 x 10	13.00	10.00

Listing Office: Realty One Group Emerald Coast

Last Updated: September – 27 – 2024

Information deemed reliable but not guaranteed.