45 W Cooper Drive, Panama City, FL 32404 (MLS# 712534)

45 W Cooper Drive, Panama City, FL 32404

$1,100,000

Property Type: Commercial for Sale Square Footage: 21,542 Lot Size (sq. ft.): 75,794 Status: Sold

Current Price: $1,100,000 List Date: 7/06/2021 Last Modified: 10/04/2024

Overview

Description

Seller says bring all cash offers! Partial waterfront Income producing properties near Tyndall Air Force Base! Consist of (11) mobile homes with new metal roofs, (2) duplexes, (1) home, (2) mobile home rented lots and (2) vacant mobile home lots. Rentals stay occupied, great location with steady cash flow. Could be redevelopment opportunity in future. Currently grossing over $17k per month, tenants pay own utilities. All information deemed reliable, please verify for accuracy.

Listing Details MLS# 712534

Contract Info

List Price/SqFt: 60.35
Sub-Type: Multi-Family

Location

Area: 02 – Bay County – Central
Street #: 45
Street Direction: W
Street Name: Cooper
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 – Bay – Central SE
Business Name: Maharaj Rentals
Subdivision: Long Point Park 1st Add
Community/Resort: None
Waterfront: Yes
Parcel ID: 26205-000-000
Section: 25
Township: 4S
Range: 14W
Elementary School: Tyndall
Middle School: Everitt
High School: Rutherford
Directions: Traveling south on Tyndall Parkway, turn right on Cooper Drive right before Tyndall Bridge
Legal Description: 25 4S 14W -20- BEG 382.8' NWLY OF INT S LINE W COOPER DRIVE & W LINE HWY FOR POB TH SLY 100' NWLY 444.06 M/L NLY 100' ON WATER SELY FOR 444' M/L TO POB ** AND ** LONG PT PARK 1ST ADD LOTS 8, 9, 10, 11 & 12 ORB 4040 P 416/419

General Property Info

List Class: Residential Income
Construction Status: Construction Complete
# of Units: 18
# of Stories in Building: Yes
Acreage: 1.74
SqFt Tot Bldg: 21542
Year Built: 1999

Status Change Info

Under Contract Date: 2021-09-01
Sold Date: 2021-10-14
Sold Price/SqFt: 51.06
Sold Price/Acre: 632183.91

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Seller says bring all cash offers! Partial waterfront Income producing properties near Tyndall Air Force Base! Consist of (11) mobile homes with new metal roofs, (2) duplexes, (1) home, (2) mobile home rented lots and (2) vacant mobile home lots. Rentals stay occupied, great location with steady cash flow. Could be redevelopment opportunity in future. Currently grossing over $17k per month, tenants pay own utilities. All information deemed reliable, please verify for accuracy.

More Information

Waterfront Type

Bay/Harbor: Yes

Floors in Unit/Home

One: Yes

Property Features

Waterfront Type: Bay/Harbor

Listing Office: Eagle American Realty Group LLC

Last Updated: October – 04 – 2024

Information deemed reliable but not guaranteed.