311 Pennsylvania Avenue, Lynn Haven, FL 32444 (MLS# 755554)

311 Pennsylvania Avenue, Lynn Haven, FL 32444

$1,450,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 8,000 Lot Size (sq. ft.): 22,477 Status: Sold

Current Price: $1,450,000 List Date: 4/11/2024 Last Modified: 11/25/2024

Overview

Description

*All units occupied and generating $12,950 a month* 311 Pennsylvania Ave consists of 2 separate 2 story buildings A & B. Each building contains 4 units (8 all together). Per owner each unit is 1000 SF with 2 bedrooms and 1 bathroom (16 bedrooms and 8 bathrooms all together), washer/dryer hookups are located in the storage closet outside each unit next to the front door on first floor units, on second floor units storage closet is located on balcony. All units have been completely remodeled with brand new stainless steel appliances, flooring, HVAC and water heaters, new wiring and plumbing. New roofs on both buildings and have been freshly painted on the exterior and interior. New landscaping and plenty of parking gives this property really great curb appeal. Property is 375 feet from Leslie Porter Park right on the bay by the Bailey Bridge. The park comes equipped with a playground, a beach, picnic tables, bathrooms and a boat launch.

Listing Details MLS# 755554

Contract Info

List Price/SqFt: 200

Location

Area: 02 – Bay County – Central
Street #: 311
Street Name: Pennsylvania
Street Suffix: Avenue
State: FL
Zip Code: 32444
County: Bay
Sub Area: 0204 – Bay – Central NW
Subdivision: Bay Park Manor
Community/Resort: None
Waterfront: No
Parcel ID: 08887-000-000
Elementary School: Lynn Haven
Middle School: Mowat
High School: Mosley
Directions: Head north on Hwy 77, turn right on E Forth St, property is on the corner.
Legal Description: BAY PARK MANOR 102B4 LOTS 11,12 & 13 BLK J ***AND*** A PCL ADJOINING LOT 12 DESCR'D AS BEG AT INTER- SECTION OF EXTENDED R/W LINES OF N R/W 4TH ST & E R/W PENN AVE TH N 75.26' TO SW COR LOT 12 SELY ALG SLY LI OF SAID LOT 118.07' TO SE COR LOT 12 W 75.26' TO POB ORB 4741 P 1662

General Property Info

Sub-Type: Multi Family
Design: N/A
Apx SqFt(Htd/Cooled): 8000
SqFt Source: Owner Measured
Full Baths: Yes
Total Baths: Yes
# of Stories in Building: 2
Year Built: 1984
Construction Status: Construction Complete
Garage Y/N: No
Lot Dimensions: 150×150
Acreage: 0.52
Lot Size (SqFt): 22477

Status Change Info

Under Contract Date: 2024-04-18
Sold Date: 2024-06-28
Sold Price/SqFt: 181.25
Sold Price/Acre: 2788461.54

Listing Info, Tax and Legal

Homestead: No
HOA Fee: No
Is Subject Leased: Yes
Rent/Mo: 12950
New Buyer Fee: No
Last Taxes: 4156
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: *All units occupied and generating $12,950 a month* 311 Pennsylvania Ave consists of 2 separate 2 story buildings A & B. Each building contains 4 units (8 all together). Per owner each unit is 1000 SF with 2 bedrooms and 1 bathroom (16 bedrooms and 8 bathrooms all together), washer/dryer hookups are located in the storage closet outside each unit next to the front door on first floor units, on second floor units storage closet is located on balcony. All units have been completely remodeled with brand new stainless steel appliances, flooring, HVAC and water heaters, new wiring and plumbing. New roofs on both buildings and have been freshly painted on the exterior and interior. New landscaping and plenty of parking gives this property really great curb appeal. Property is 375 feet from Leslie Porter Park right on the bay by the Bailey Bridge. The park comes equipped with a playground, a beach, picnic tables, bathrooms and a boat launch.

More Information

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes

Interior Features

Floor – Vinyl Plank: Yes
Newly Painted: Yes
Renovated: Yes

Construction/Siding

Wood/Frame: Yes
Roof – Shingle/Shake: Yes
Siding – Hardie Board: Yes

Existing Leases

1 or More Years: Yes

Exterior

Balcony: Yes
Fenced Lot-Part: Yes
Renovated: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Corner Lot: Yes
Near Public Boat Ramp: Yes
Sidewalk: Yes
Within 1/2 Mile to Water: Yes

Lot Access

Paved Road: Yes

Parking Features

Parking Lot: Yes

Association Amenities

Other – See Remarks: Yes

Rooms

Bedroom: Yes
Full Bathroom: Yes
Kitchen: Yes
Living Room: Yes

Utilities

Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

Full Bathroom

First: Yes

Bedroom

First: Yes

Cooling

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

Heating

Central: Yes
Electric: Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Microwave; Refrigerator Full Bathroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Existing Leases: 1 or More Years Exterior: Balcony; Fenced Lot-Part; Renovated Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Corner Lot; Near Public Boat Ramp; Sidewalk; Within 1/2 Mile to Water Lot Access: Paved Road Parking Features: Parking Lot Association Amenities: Other – See Remarks Rooms: Bedroom; Full Bathroom; Kitchen; Living Room Sale Type: As Is Utilities: Public Sewer – Connected; Water Connected

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	20 x 14	20.00	14.00
Bedroom	First	12 x 10	12.00	10.00
Bedroom	First	11 x 10	11.00	10.00
Full Bathroom	First	8 x 5	8.00	5.00
Kitchen	First	9 x 7	9.00	7.00

Listing Office: Counts Real Estate Group Inc

Last Updated: November – 25 – 2024

Information deemed reliable but not guaranteed.