2328 E 19th Place, Panama City, FL 32405

$750,000
Property Type: Commercial for Sale Square Footage: 4,424 Lot Size (sq. ft.): 16,988 Status: Sold
Current Price: $750,000 List Date: 2/17/2025 Last Modified: 3/28/2025

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Investment Opportunity: Two Brand-New Duplexes – 4 Units Total For sale: Two side-by-side duplexes located at 2332 E 19th Place, Panama City, FL. These brand-new properties are a perfect turnkey investment for anyone looking to walk into 4 modern rental units. Property Features: • Each unit has 3 bedrooms, 2 bathrooms • High-quality, new construction with modern finishes • Ample parking for tenants' convenience • Ready to rent immediately Why This is a Great Deal: • Bulk sale includes MLS 761981 • All 4 units are located right next door to each other • Incredible investment opportunity with steady ROI potential • Hassle-free, new construction means minimal maintenance These deals don't come along often! Perfect for an investor ready to expand their portfolio with reliable, high-demand rental properties. Measurements are approximate buyer must verify i

Listing Details MLS# 766468

Contract Info

List Price/SqFt
180.38
Sub-Type
Multi-Family

Location

Area
02 – Bay County – Central
Street #
2328
Street Direction
E
Street Name
19th
Street Suffix
Place
State
FL
Zip Code
32405
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
14681-000-000
Elementary School
Cedar Grove
Middle School
Mowat
High School
Bay
Directions
Take a right off East Avenue onto Sherman Avenue go down and take a right onto 19th Place.
Legal Description
34 3S 14W -64- STA A B DEV CO PLAT BEG 415' E OF SW COR LOT 52 TH N 135' E 100' S 135' W 100' TO POB AKA LOT 13 ASA HTS UNR ORB 609 P 63 ORB 2950 P 1688 ORB 3668 P 1345

General Property Info

List Class
Residential Income
Construction Status
Under Construction
Acreage
0.39
SqFt Tot Bldg
4424
Year Built
2024

Status Change Info

Under Contract Date
2025-02-24
Sold Date
2025-03-28
Sold Price/SqFt
169.53
Sold Price/Acre
1923076.92

Multi-Family

Year Built
2024
Building SqFt
4424
# of Units
4
Price P/SqFt
188.42

Listing Info, Tax and Legal

HOA Fee
No

More Information

Remarks & Misc

Remarks
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Investment Opportunity: Two Brand-New Duplexes – 4 Units Total For sale: Two side-by-side duplexes located at 2332 E 19th Place, Panama City, FL. These brand-new properties are a perfect turnkey investment for anyone looking to walk into 4 modern rental units. Property Features: • Each unit has 3 bedrooms, 2 bathrooms • High-quality, new construction with modern finishes • Ample parking for tenants' convenience • Ready to rent immediately Why This is a Great Deal: • Bulk sale includes MLS 761981 • All 4 units are located right next door to each other • Incredible investment opportunity with steady ROI potential • Hassle-free, new construction means minimal maintenance These deals don't come along often! Perfect for an investor ready to expand their portfolio with reliable, high-demand rental properties. Measurements are approximate buyer must verify if important

Construction/Siding

Foundation – Slab on Grade
Yes
Wood/Frame
Yes
Roof – Composite Shngl
Yes

Energy

AC – Central Elect
Yes
Heat – Central Electric
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Present Zoning

Resid Multi-Family
Yes

Utilities

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

Sale Type

As Is
Yes

Business/Property

Furnished – None
Yes

Floors in Unit/Home

One
Yes

Heating/Cooling

AC – Central
Yes
AC – HVAC
Yes

Offering Type

Sale Only
Yes

Site Description

Aerials Available
Yes
Cleared
Yes
Landscaped
Yes

Property Features

Energy: AC – Central Elect; Heat – Central Electric Financing: Cash; Conventional; FHA; VA Offering Type: Sale Only Present Zoning: Resid Multi-Family Sale Type: As Is Site Description: Aerials Available; Cleared; Landscaped Utilities: All Utilities; Electricity – Connected; Public Sewer – Connected; Water Connected
Listing Office: EXP Realty LLC
Last Updated: March – 28 – 2025
Information deemed reliable but not guaranteed.