9012-9026 Houston Street, Panama City Beach, FL 32408 (MLS# 727686)

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: $1,400,000 List Date: 10/19/2022 Last Modified: 9/24/2024

Overview

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.

Listing Details MLS# 727686

Contract Info

List Price/SqFt: 252.98

Location

Area: 03 – Bay County – Beach
Street #: 9012-9026
Street Name: Houston
Street Suffix: Street
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: Merglewski Retreats
Community/Resort: None
Waterfront: No
Parcel ID: 30235-506-000
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.
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

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

Status Change Info

Under Contract Date: 2022-10-28
Sold Date: 2022-12-15
Sold Price/SqFt: 208.33
Sold Price/Acre: 1400000

Listing Info, Tax and Legal

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

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

More Information

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Oven – Electric: Yes
Range – Electric: Yes

Interior Features

Ceiling – Vaulted: Yes
Floor – Vinyl: Yes

Construction/Siding

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

Existing Leases

7 – 12 Months: Yes

Furnished

Unfurnished: Yes

Lot Features

Cleared: Yes

Lot Access

Paved Road: Yes

Parking Features

Driveway: Yes

Rooms

Bedroom: Yes
Living Room: Yes
Master Bathroom: Yes

Utilities

All Utilities: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

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

Room Name	Dimensions	Length	Width
Master Bathroom	12 x 12	12.00	12.00
Master Bathroom	12 x 12	12.00	12.00
Master Bathroom	12 x 12	12.00	12.00
Master Bathroom	12 x 12	12.00	12.00
Master Bathroom	12 x 12	12.00	12.00
Bedroom	9 x 10	9.00	10.00
Bedroom	9 x 10	9.00	10.00
Bedroom	9 x 10	9.00	10.00
Bedroom	9 x 10	9.00	10.00
Bedroom	9 x 10	9.00	10.00
Living Room	18 x 10	18.00	10.00
Living Room	18 x 10	18.00	10.00
Living Room	18 x 10	18.00	10.00
Living Room	18 x 10	18.00	10.00
Living Room	18 x 10	18.00	10.00
Living Room	18 x 10	18.00	10.00

Listing Office: iLeaseIt

Last Updated: September – 24 – 2024

Information deemed reliable but not guaranteed.