5500,04,06 Pinetree Avenue, Panama City Beach, FL 32408

$1,475,000
12
BD
12
BA

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Sold Price
$1,475,000
List Price
$1,600,000
Closing Date
Aug 14, 2024
MLS#
752895
Bedrooms
12
Bathrooms
12
Full-baths
12
Acres
0.41
Lot Size
17,860
Subdivision
Biltmore Beach
Year Built
1981

Property Description

Investment opportunity, Three Quadraplexes, all 100% occupied. Great location on Panama City Beach with easy access to the beach, Navy Base, St. Andrews State Park and great restaurants. Each of the 12 units are one bedroom and one bath with full kitchen. All units are under professional property mgt and rented long term currently but could be used as Short-Term rentals also. Entire complex is very well maintained, along with new roofs in 2019. Owner will consider owner financing, call for more details.

Additional Information

Stories
2
Lot Dimensions
150x120
Appliances
Electric Cooktop, Electric Oven, Electric Water Heater
Elementary School
Patronis
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of ERA Neubauer Real Estate, Inc. Selling Office: Keller Williams Realty Emerald.