428 Mckenzie Avenue, Panama City, FL 32401

$399,000

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Sold Price
$399,000
List Price
$399,000
Closing Date
Nov 27, 2024
MLS#
763995
Acres
0.28
Lot Size
12,196
Subdivision
[No Recorded Subdiv]
Year Built
1939

Property Description

Here's an opportunity to own a multi family property downtown on Massalina Bayou. AS IS. The property includes an 11 unit apartment building with 9 1 Bedroom/1 Bath units, a studio and a 2 bedroom unit. There was storm damage from Hurricane Michael on the west facing wall in which the 2 west units are down to the studs. Property also includes a 2/1 Single family residence on property which is just under 1200 sq feet. Roof was replaced in 2019. Price reflects the need for renovation and rehabilitation on the buildings. Currently 3 of the units are rented. Zoned Downtown District.

Additional Information

Waterfront
Yes
Waterview
Bayou
Stories
2
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay

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Calculator source: Real Geeks

Listing courtesy of Counts Real Estate Group Inc. Selling Office: Overstreet Realty.