This 1.275-acre parcel is ready for a savvy investor who is ready to CASH FLOW!
This property offers 3 units, 2 rented at $1,600/month with the potential to rent the third unit for a total of $2,350/month! Zoning is R-2 and allows for single family homes or duplexes for future development.
Each unit is currently on its own well/septic and the property previously had a 4th unit on site. This MULTI-FAMILY opportunity is a great option for investors who want to cash flow from day 1 and hold the property for future development.
Positioned in the Bayou George/Youngstown area of Panama City, Florida - this property is located with a few miles of Publix, restaurants, schools and a sports complex. All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.
Copyright © 2024 Emerald Coast Association of Realtors. All rights res...
Copyright © 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.