2228 E 17th Street, Panama City, FL 32405

$1,270,000
Property Type: Residential Bedrooms: 15 Baths: 13 Square Footage: 7,120 Lot Size (sq. ft.): 41,818 Status: Sold
Current Price: $1,270,000 List Date: 6/04/2022 Last Modified: 9/23/2024

Overview

Description

Please ask your agent for updated information sheet showing monthly income / expenses. 5-Duplexes Blue/Red/Grey/Yellow (1bd/1ba), Green (2bd/1ba) and 1-Triplex that was completely renovated (1bd/1ba), this triplex is the original building with pexline water and cast iron sewer. The duplexes are brand new and have PVC sewer and pexline water. That is a Total of 13 doors in all. 11-units paying $900/month on the 1bd units and $1200/month on the 2 – 2bd units. All units tenant occupied. All the new units have central HVAC and brand new appliances. On-Site Rental Manager. Section 8 approved.

Listing Details MLS# 709512

Contract Info

List Price/SqFt
189.61

Location

Area
02 – Bay County – Central
Street #
2228
Street Direction
E
Street Name
17th
Street Suffix
Street
State
FL
Zip Code
32405
County
Bay
Sub Area
0201 – Bay – Central NE
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
14740-040-000, 020-010, 020-000, 022-000, 021-000
Elementary School
Cedar Grove
Middle School
Mowat
High School
Bay
Directions
From Hwy 98 and Sherman, head North on Sherman, turn left at Sherman. (5) Duplexes and (1) Triplex on the left just behind the commercial lot on the corner of Sherman & 17th Street.
Legal Description
Multi parcel / Parcel ID's: 14740-040-000, 14740-020-010, 14740-020-000, 14740-022-000, 14740-021-000.

General Property Info

Sub-Type
Multi Family
Design
N/A
Apx SqFt(Htd/Cooled)
7120
SqFt Source
Owner Measured
Full Baths
13
Total Baths
13
# of Stories in Building
Yes
Year Built
2021
Construction Status
Under Construction
Garage Y/N
No
Driveway Spaces
140
Lot Dimensions
300×140
Acreage
0.96
Lot Size (SqFt)
41818
Beach Frontage
300

Status Change Info

Under Contract Date
2022-08-09
Sold Date
2022-10-19
Sold Price/SqFt
178.37
Sold Price/Acre
1322916.67

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Brokerage Interest
No Interest
As Is
Yes
Section
34
Township
3S
Range
14W

Remarks & Misc

Remarks
Please ask your agent for updated information sheet showing monthly income / expenses. 5-Duplexes Blue/Red/Grey/Yellow (1bd/1ba), Green (2bd/1ba) and 1-Triplex that was completely renovated (1bd/1ba), this triplex is the original building with pexline water and cast iron sewer. The duplexes are brand new and have PVC sewer and pexline water. That is a Total of 13 doors in all. 11-units paying $900/month on the 1bd units and $1200/month on the 2 – 2bd units. All units tenant occupied. All the new units have central HVAC and brand new appliances. On-Site Rental Manager. Section 8 approved.

More Information

Appliances

Free-Standing Electric Range
Yes
Free-Standing Refrigerator
Yes
Water Heater – Electric
Yes

Construction/Siding

Frame
Yes
Roof – Composite Shngl
Yes
Siding – Hardie Board
Yes

Exterior

Fenced Lot-Part
Yes

Financing

Cash
Yes
Conventional
Yes
Seller Financing
Yes

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Access

Paved Road
Yes

Parking Features

Driveway
Yes

Present Zoning

Commercial
Yes

Rooms

Bedroom
Yes
Full Bathroom
Yes
Kitchen
Yes
Living Room
Yes

Utilities

Garbage
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Sale Type

As Is
Yes

Full Bathroom

First
Yes

Bedroom

First
Yes

Cooling

Central Air
Yes
Electric
Yes

Floors in Unit/Home

One
Yes

Property Features

Appliances: Free-Standing Electric Range; Free-Standing Refrigerator; Water Heater – Electric Full Bathroom: First Bedroom: First Cooling: Central Air; Electric Exterior: Fenced Lot-Part Financing: Cash; Conventional; Seller Financing Furnished: Unfurnished Kitchen: First Living Room: First Lot Access: Paved Road Parking Features: Driveway Rooms: Bedroom; Full Bathroom; Kitchen; Living Room Sale Type: As Is Utilities: Garbage; Public Sewer – Connected; Water Connected Present Zoning: Commercial

Room Information

Room Name Level Dimensions Length Width Remarks
Kitchen First 12 x 17 12.00 17.00 Kitchen / living (2-bed units)
Bedroom First 13.3 x 10.4 13.30 10.40 (2-bed units)
Full Bathroom First 5 x 7.5 5.00 7.50 (2-bed units)
Bedroom First 11.8 x 12 11.80 12.00 (2-bed units)
Kitchen First 12 x 17 12.00 17.00 (2-bed units)
Bedroom First 13.3 x 10.4 13.30 10.40 (2-bed units)
Full Bathroom First 5 x 7.5 5.00 7.50 (2-bed units)
Bedroom First 11.8 x 12 11.80 12.00 (2-bed units)
Living Room First 9.8 x 19 9.80 19.00 living/kitchen(1-bed units)
Bedroom First 8.5 x 18.8 8.50 18.80 (1-bed units)
Full Bathroom First 9.7 x 8 9.70 8.00
Living Room First 9.8 x 19 9.80 19.00 (1-bed units)
Bedroom First 8.5 x 18.8 8.50 18.80 (1-bed units)
Full Bathroom First 9.7 x 5 9.70 5.00 (1-bed units)
Living Room First 9.8 x 19 9.80 19.00 (1-bed units)
Listing Office: Coldwell Banker Realty
Last Updated: September – 23 – 2024
Information deemed reliable but not guaranteed.