4340 College Station Panama City, FL 32404

Active (39 Days)

Description

Multi Family Investment Opportunity. Property consists of 6 Detached Single Family homes on approximately 7.5 acres of land in central Panama City, Florida. The property also includes additional lots to build more homes. There are currently 4 homes on College Station Rd. and 2 homes on private drive behind front 4 homes. This property is located right off Hwy 231 at the intersection E. Hwy 390 and Hwy 231. The neighborhood is only about 10 minutes to 23rd St shopping corridor. This is a great investment package for investors looking to increase their real estate portfolio. The property addresses included in the sale are 4347 College Station Rd, 4350 College Station Rd, 4400 College Station Rd, 4402 College Station Rd, 4403 College Station Rd. and 4415 College Station Rd. Current monthly rental income on 5 homes is $8,945. One of the homes (4403 College Station) needs repairs (interior gutted) and is not currently rented.

MLS #:
748408

Taxes
$5,725(2022)

Lot Size
7.5 acres

Type
Multifamily

Year Built
1972

County
Bay County

Community
[No Recorded Subdiv]

Bathroom Details

Full Bathrooms: 12

Interior Features

Windows: Double Pane Windows
Refrigerator
Electric Water Heater
Electric Oven
Electric Cooktop
Dishwasher
Laundry: Dryer Hookup
Laundry: Washer Hookup
Split Bedrooms
Recessed Lighting

Subdivision

[no Recorded Subdiv]

Lot Information

Interior Lot
Cleared

Property Features

Foundation: Slab

Heating and Cooling

Electric
Central
Central Air
Ceiling Fan(s)

Flooring

Vinyl
Plank

Exterior Features

Roof: Shingle
Roof: Composition

Utility Information

Utilities: Water Source: Well, Electricity Available, Cable Available, Water Available, Septic Available, Phone Available
Sewer: Septic Tank

School Information

Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Bay

Parking

Garage

Living Area

10,000 sqft

Location

Map View | Street View

Listing to Address

Address to Listing

Calculate drive times to this property

Disclaimer: Copyright 2023 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/4/23 19:46