9012-9026 Houston Street, Panama City Beach, FL 32408

$1,400,000
Property Type: Residential Bedrooms: 16 Baths: 8 Square Footage: 6,720 Lot Size (sq. ft.): 43,680 Status: Sold
Current Price: $1,700,000 List Date: 10/19/2022 Last Modified: 9/24/2024

Description

FANTASTIC RENTAL INVESTMENT OPPORTUNITY! This property consists of 4 (four) duplexes or 8 units that are 2 Bedrooms1 Bath per unit. All four buildings are: 9012/9014 Houston St, 9016/9018 Houston St, 9020/9022 Houston St, and 9024/9026 Houston St. All units are currently on long term leases with varied ending dates. These units are a short distance to the beach, shopping and dining. They have vaulted ceilings, kitchen/dining room combo, breakfast bar, washer and dryer hook ups, and sliding glass doors off of the master with a small patio. Photos on listing are of one unit, and used as an example. Per Bay County, with regards to short term rentals, are zoned ”not preferred but no prohibited”. Please call Bay County Planning and Zoning for further information. Each

Supplements: duplex can be purchased individually.

More Information MLS# 727686

Listing Info, Tax and Legal

Homestead: No HOA Fee: No Is Subject Leased: Yes New Buyer Fee: No Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 252.98 Status: Sold List Date: 2022-06-07 List Price: $1,700,000 Current Price: $1,400,000

Location

Sub Area: 0319 – Beach – East Community/Resort: None Waterfront: No Elementary School: Breakfast Point Middle School: Breakfast Point High School: Arnold Directions: West on Hwy 98, left on Allison, right on Houston Street. Duplexes are on your right starting at 9012. All four buildings are: 9012/9014 Houston St, 9016/9018 Houston St, 9020/9022 Houston St, and 9024/9026 Houston St. Area: 03 – Bay County – Beach Street #: 9012-9026 Street Name: Houston Street Suffix: Street State: FL Zip Code: 32408 County: Bay Subdivision: Merglewski Retreats Parcel ID: 30235-506-000 Legal Description: MERGLEWSKI RETREATS 58B2 LOT 6 ORB 2059 P 2012 MERGLEWSKI RETREATS 58B2 LOT 7 ORB 2020 P 1628 ORB 2059 P 2018 MERGLEWSKI RETREATS 58B2 LOT 8 ORB 2020 P 1707 ORB 2059 P 2014 MERGLEWSKI RETREATS 58B2 LOT 9 ORB 2020 P 1650 ORB 2059 P 2016

General Property Info

Floor Number: 1 Acreage: 1 Design: Duplex Lot Size (SqFt): 43680 Apx SqFt(Htd/Cooled): 6720 Immediate Occupancy: No Construction Status: Construction Complete SqFt Source: Prop App Site # of Stories in Building: 1 # of Units in Bldg: 2 Pre-Const Flip: No Lot Dimensions: 208×210 Garage Y/N: No Driveway Spaces: 2 Sub-Type: Duplex Multi-Units Bedrooms: 16 Full Baths: 8 Total Baths: 8 Year Built: 2011

Remarks & Misc

Remarks: FANTASTIC RENTAL INVESTMENT OPPORTUNITY! This property consists of 4 (four) duplexes or 8 units that are 2 Bedrooms1 Bath per unit. All four buildings are: 9012/9014 Houston St, 9016/9018 Houston St, 9020/9022 Houston St, and 9024/9026 Houston St. All units are currently on long term leases with varied ending dates. These units are a short distance to the beach, shopping and dining. They have vaulted ceilings, kitchen/dining room combo, breakfast bar, washer and dryer hook ups, and sliding glass doors off of the master with a small patio. Photos on listing are of one unit, and used as an example. Per Bay County, with regards to short term rentals, are zoned ”not preferred but no prohibited”. Please call Bay County Planning and Zoning for further information. Each

Status Change Info

Sold Price/SqFt: 208.33 Sold Price/Acre: 1400000 Under Contract Date: 2022-10-28 Sold Date: 2022-12-15 Sold Price: $1,400,000

Appliances

Cooktop – Electric: 1 Dishwasher: 1 Oven – Electric: 1 Range – Electric: 1

Interior Features

Ceiling – Vaulted: 1 Floor – Vinyl: 1

Construction/Siding

Foundation – Slab on Grade: 1 Roof – Shingle/Shake: 1

Existing Leases

7 – 12 Months: 1

Furnished

Unfurnished: 1

Lot Features

Cleared: 1

Lot Access

Paved Road: 1

Parking Features

Driveway: 1

Rooms

Bedroom: 1 Living Room: 1 Master Bathroom: 1

Utilities

All Utilities: 1

Cooling

Central Air: 1

Heating

Central: 1

Property Features

Appliances: Cooktop – Electric; Dishwasher; Oven – Electric; Range – Electric Cooling: Central Air Heating: Central Existing Leases: 7 – 12 Months Furnished: Unfurnished Lot Features: Cleared Lot Access: Paved Road Parking Features: Driveway Rooms: Bedroom; Living Room; Master Bathroom Utilities: All Utilities

Room Information

Master Bathroom Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Master Bathroom Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Master Bathroom Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Master Bathroom Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Master Bathroom Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Bedroom Dimensions: 9 x 10 Length: 9.00 Width: 10.00 Dimensions: 9 x 10 Bedroom Dimensions: 9 x 10 Length: 9.00 Width: 10.00 Dimensions: 9 x 10 Bedroom Dimensions: 9 x 10 Length: 9.00 Width: 10.00 Dimensions: 9 x 10 Bedroom Dimensions: 9 x 10 Length: 9.00 Width: 10.00 Dimensions: 9 x 10 Bedroom Dimensions: 9 x 10 Length: 9.00 Width: 10.00 Dimensions: 9 x 10 Living Room Dimensions: 18 x 10 Length: 18.00 Width: 10.00 Dimensions: 18 x 10 Living Room Dimensions: 18 x 10 Length: 18.00 Width: 10.00 Dimensions: 18 x 10 Living Room Dimensions: 18 x 10 Length: 18.00 Width: 10.00 Dimensions: 18 x 10 Living Room Dimensions: 18 x 10 Length: 18.00 Width: 10.00 Dimensions: 18 x 10 Living Room Dimensions: 18 x 10 Length: 18.00 Width: 10.00 Dimensions: 18 x 10 Living Room Dimensions: 18 x 10 Length: 18.00 Width: 10.00 Dimensions: 18 x 10
Listing Office: iLeaseIt
Last Updated: September – 24 – 2024
Information deemed reliable but not guaranteed.