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1211 Stephen Drive

Panama City, FL 32405
  • $1,050,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 755127
Price Reduced
$1,050,000
  • 8
    BEDS
  • 0.22
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,288
    SQFT
  • $245
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2016
County:
Bay

School Information

Elementary School:
Middle School:
High School:
Bay

Description

*** ATTENTION INVESTORS *** *** SUPER MODERN QUADPLEX *** * Fully rented currently producing $96K/year with 4 long-term leases, and security deposits! Short-term rentals projections over $144K/year! Very low insurance, taxes, and management cost represents an amazing Cap rate!* Over $200k in upgrades...Completely renovated with top of the line! 8beds/8baths. New kitchen cabinets, Quartz countertops, new tile flooring in all 4 units including stairs, new recessed lighting trough out, freshly painted, new bathrooms, laundry rooms, landscaping, and much more!!!* Excellent central location close to the beach, St. Andrews Bay, downtown, and Tyndall Air Force base! * Call now, it won't last!!!

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© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2024-05-22T07:04:25.913.
www.scenicsir.com/homes/149132304
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1211 Stephen Drive Panama City, FL 32405

  • Price: $1,050,000
  • Status: Active
  • On Site: 49 Days
  • MLS #: 755127
8
Beds
8
Baths
0
½ Baths
0.22
Acres
4,288
SQFT
$245
$/SQFT
2016
Built
Neighborhood:
[No Recorded Subdiv]
County:
Bay
Area:
Bay County-Central
Elementary School:
Northside
Middle School:
Jinks
High School:
Bay
Property Description
*** ATTENTION INVESTORS *** *** SUPER MODERN QUADPLEX *** * Fully rented currently producing $96K/year with 4 long-term leases, and security deposits! Short-term rentals projections over $144K/year! Very low insurance, taxes, and management cost represents an amazing Cap rate!* Over $200k in upgrades...Completely renovated with top of the line! 8beds/8baths. New kitchen cabinets, Quartz countertops, new tile flooring in all 4 units including stairs, new recessed lighting trough out, freshly painted, new bathrooms, laundry rooms, landscaping, and much more!!!* Excellent central location close to the beach, St. Andrews Bay, downtown, and Tyndall Air Force base! * Call now, it won't last!!!
Exterior Features

Construction Materials Brick Exterior Features Patio Garage YN No Lot Features Landscaped Patio And Porch Features Deck Open Porch Road Frontage Type City Street Roof Shingle

Interior Features

Appliances Electric Range Refrigerator Cooling Central Air Cooling YN Yes Entry Level 2 Furnished Unfurnished Heating Central Heating YN Yes Interior Features Kitchen Island New Paint Remodeled Recessed Lighting Parking Features Assigned Parking Lot Rooms Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Agreement Exclusive Right To Sell Listing Service Full Service Lot Size Dimensions 100 x 95.40 Occupant Type Occupied Property Condition Updated Remodeled Property Sub Type Quadruplex Security Features Smoke Detectors Tax Annual Amount 7596 Tax Year 2023 Utilities Electricity Connected Other Sewer Connected Trash Collection Water Connected Waterfront YN No Zoning Description Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Red Real Estate Associates, LL: (754) 422-9250. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2024-05-22T07:04:25.913.
 
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