1813 Drake Avenue, Panama City, FL 32405

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Sold Price
$275,000
List Price
$275,000
Closing Date
Sep 22, 2023
MLS#
743474
Bedrooms
3
Bathrooms
2
Full-baths
2
Acres
0.29
Lot Size
12,458
Subdivision
No Named Subdivision
Year Built
1950

Property Description

***Seller to pay $10,000 in closing costs with acceptable offer. Welcome to your multi-unit dream investment opportunity! Introducing 1813 Drake, a property that promises both comfort and potential. This charming 2-bedroom, 1-bath main house boasts a bonus office space and a sunroom perfect for savoring your morning coffee or unwinding with evening drinks. With its wood tone shiplap ceiling, large open dining room and kitchen, and a spacious bathroom featuring an oversized whirlpool tub and separate shower, this property offers a blend of style and functionality. But that's not all - there's more! Hidden beneath the linoleum lies beautiful hardwood flooring waiting to be revealed. And as if that wasn't enticing enough, there's also a stand-alone 1-bedroom, 1-bath apartment situated above the main garage, complete with its own large deck and individual laundry facilities. No need to worry about storage space or hobbies either! The oversized 90 x 140 fenced-in yard includes a second garage/shop measuring an impressive 24 x 20. Imagine all the possibilities! With a little TLC, this income-producing property has the potential to significantly increase your portfolio and build wealth. Don't miss out on this incredible opportunity to own a piece of real estate that combines charm, versatility, and profitability. Take the first step towards your prosperous future! Main home has 1572 sq ft. of which 1408 is heated and cooled. The apartment is 880 sq. ft. and 528 sq ft is heated and cooled. Enjoy this large lot close to St. Andrews and walking distance to Lucille Moore Elementary School and a Public Park. Occupied will need 2 hr notice please Seller's agent will pay $500 toward Home Warranty with an acceptable offer.

Additional Information

Stories
1
Interior Features
Workshop
Exterior Features
Deck, Patio
Lot Dimensions
90 x 138
Parking Spaces
2
Appliances
Electric Range
Elementary School
Lucille Moore
Middle School
Jinks
High School
Bay

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Success Realty. Selling Office: AMERICAN REALTY of Bay Co, Inc.