6325 /6330 6325 /6330 Omoko Street, Panama City, FL 32404

$650,000
Property Type: Commercial for Sale Square Footage: 23,328 Status: Sold
Current Price: $650,000 List Date: 8/24/2013 Last Modified: 10/04/2024

Overview

Description

** FORECLOSURE ** 24 TOWNHOMES PREVIOUSLY SOLD FOR $1,440,000. 6 BUILDINGS WITH FOUR UNITS EACH 3528 HEATED SF EACH BUILDING. 21,138 TOTAL HEATED SQ FT. BANK JUST ASSIGNED DUNN REALTY TO HANDLE PROPERTY MANAGEMENT. 48 BEDROOMS 24 BATHS AND 24 1/2 BATHS * 10 UNITS RENTED AT $600 PER MONTH INCLUDING WATER (only one water meter)COULD HAVE OVER $14K PER MONTH INCOME. ALL ARE 2BR 1.5 BATH TOWNHOMES. BANK IS CURRENTLY DUING REHAB ON VACANT UNITS. All information is believed to be accurate but buyer to verify everything if important. Bank and Listing broker make no guarantees as to the validity of the information provided herein.

Listing Details MLS# 612174

Contract Info

List Price/SqFt
36.44
Sub-Type
Multi-Family

Location

Area
02 – Bay County – Central
Street #
6325 /6330
Street Name
6325 /6330 Omoko
Street Suffix
Street
State
FL
Zip Code
32404
County
Bay
Sub Area
0202 – Bay – Central SE
Business Name
24 FORECLOSED TOWNHO
Community/Resort
None
Parcel ID
06905-020-000 / 06930-000-000
Directions
East on 15th Street into Callaway/Tyndall Parkway. Turn East/left on Cherry St. Turn right on Jan Dr, Turn left on Omoko.
Legal Description
CALLAWAY PLAT LOTS 9 THRU 13 INC & W1/2 LOT 8 BLK 60 (9.16) (132B1) ORB 2732 P 2247 CALLAWAY PLAT (20.4) 132B1 LOTS 19, 20, 21, 22 & W 20' LOT 23 & E 25' LOT 18 BLK 51 ORB 2732 P 2247

General Property Info

List Class
Apartment
Site Dimensions
220X120 & 200X120
SqFt HVAC
21168
SqFt Tot Bldg
23328
Year Built
1985

Status Change Info

Under Contract Date
2013-09-22
Sold Date
2013-11-08
Sold Price/SqFt
27.86

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
** FORECLOSURE ** 24 TOWNHOMES PREVIOUSLY SOLD FOR $1,440,000. 6 BUILDINGS WITH FOUR UNITS EACH 3528 HEATED SF EACH BUILDING. 21,138 TOTAL HEATED SQ FT. BANK JUST ASSIGNED DUNN REALTY TO HANDLE PROPERTY MANAGEMENT. 48 BEDROOMS 24 BATHS AND 24 1/2 BATHS * 10 UNITS RENTED AT $600 PER MONTH INCLUDING WATER (only one water meter)COULD HAVE OVER $14K PER MONTH INCOME. ALL ARE 2BR 1.5 BATH TOWNHOMES. BANK IS CURRENTLY DUING REHAB ON VACANT UNITS. All information is believed to be accurate but buyer to verify everything if important. Bank and Listing broker make no guarantees as to the validity of the information provided herein.

More Information

Financing

Cash
Yes
Conventional
Yes

Present Zoning

Resid Multi-Family
Yes

Sale Type

REO
Yes

Floors in Unit/Home

Two
Yes

Transport. Access

2-Lane
Yes
Paved
Yes

Property Features

Financing: Cash; Conventional Present Zoning: Resid Multi-Family Sale Type: REO
Listing Office: CitiStar Realty
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.