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8609 Terrell (16 Rentals 2+Acres) Street , 16 Rentals

Panama City Beach, FL 32408
  • $1,050,000
  • STATUS: Active
  • ON SITE: 32 days
  • MLS #: 713312
Price Reduced
UPDATED: 43 min ago
$1,050,000
  • 0
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1999
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

8613, 8609, 8529, 8527, 8523, 8517 Terrell St. Less than 1 mile to beach. Easy commute to Panama City and Navy Base. Location, location, location! 16 rentals for $1,100,000 with approx. $175,000 yearly rental income. Low overhead. All units are on septic system and public water is inexpensive (approx. $20 per month per unit). Dumpster is $500 monthly for all units. Public sewer line ran to the property line. Low taxes and insurance. Very minimal vacancy rate. ADDITIONAL LOTS AVAILABLE!!! THERE ARE 7 MORE LOTS WITH 10 RENTALS ADJOINING ON TERRELL ST (APPROX. 2.5 ACRES) FOR $1,100,000 AND ANOTHER 6 LOTS ON GULF PINES DR. ADJOINING (APPROX. 2+ ACRES) VACANT LAND WITH SEWER, WATER AND ELECTRIC ON PROPERTY FOR $1,100,000. TOTAL OF OVER 6 ACRES. $3,300,000 FOR EVERYTHING.

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© 2021 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: 2021-07-27T18:03:59.537.
www.scenicsir.com/homes/118694631
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8609 Terrell (16 Rentals 2+Acres) Street , 16 Rentals Panama City Beach, FL 32408

  • Price: $1,050,000
  • Status: Active
  • Updated: 43 min ago
  • MLS #: 713312
0
Beds
0
Baths
0
½ Baths
2
Acres
1999
Built
Neighborhood:
Gulf Pines
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Mobile Home Park
Property Description
8613, 8609, 8529, 8527, 8523, 8517 Terrell St. Less than 1 mile to beach. Easy commute to Panama City and Navy Base. Location, location, location! 16 rentals for $1,100,000 with approx. $175,000 yearly rental income. Low overhead. All units are on septic system and public water is inexpensive (approx. $20 per month per unit). Dumpster is $500 monthly for all units. Public sewer line ran to the property line. Low taxes and insurance. Very minimal vacancy rate. ADDITIONAL LOTS AVAILABLE!!! THERE ARE 7 MORE LOTS WITH 10 RENTALS ADJOINING ON TERRELL ST (APPROX. 2.5 ACRES) FOR $1,100,000 AND ANOTHER 6 LOTS ON GULF PINES DR. ADJOINING (APPROX. 2+ ACRES) VACANT LAND WITH SEWER, WATER AND ELECTRIC ON PROPERTY FOR $1,100,000. TOTAL OF OVER 6 ACRES. $3,300,000 FOR EVERYTHING.
Exterior Features

Construction Status Construction Complete Lot Sq Ft 85500.00 Site Dimensions Each Lot is 79X191 With 6 Lots included

Interior Features

Sq Ft Total Building 16000.00

Property Features

Commercial Sale Sub Type Arnold Community Resort None Financing Cash Hoa Fee No Immediate Occupancy Yes List Class Rv/Mobile Park Occupancy Status Occupied

Listing provided courtesy of Cc Fox Realty. Listing information © 2021 Central Panhandle Association of Realtors MLS.


© 2021 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: 2021-07-27T18:03:59.537.
 
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