116 N Highway 22 A, Panama City, FL 32404

$870,000

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Sold Price
$870,000
List Price
$995,000
Closing Date
Apr 11, 2024
MLS#
753443
Acres
1.15
Lot Size
50,094
Subdivision
No Named Subdivision
Year Built
1969

Property Description

Excellent income producing multifamily property in the growing Panama City, FL market. Located near Tyndall Air Force Base the property consists of 12 units. All units are 1/1s with average rents of $800-950/month. Each unit is separately metered for water and electric. Landlord responsibilities are limited to lawncare and trash. Most buildings are concrete block helping with insurance premium cost(s).

Additional Information

Elementary School
Parker
Middle School
Everitt
High School
Rutherford

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 Commander Realty. Selling Office: Hitchcock Real Estate LLC.