PRICED AT ONLY: $600,000
Address: 333 Star Avenue, Panama City, FL 32404
Description
Residential Mobile Home Park Opportunity. Cleared 2.61 acres on N Star Ave ready for development. Per county, property will accommodate up to 32 single family dwellings with development order and connection to city water and sewer (estimated $40k.) Sale includes 333 N Star Ave. and 401 N Star Ave. There are two parcels included in the sale for a total of 2.61 acres. There is currently 2 brand new Fleetwood mobile homes set up on the property with new well, septic and power poles. One 3/2 1,040 sqft Fleetwood single wide and one 4/2 2,128 sqft Fleetwood double wide. Property is conveniently located right behind Callaway Elementary School and is a short drive to restaurants and shopping. This is your opportunity to start a residential real estate income producing portfolio.
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- MLS#: 771726 ( CommercialSale )
- Street Address: 333 Star Avenue
- Viewed: 24
- Price: $600,000
- Price sqft: $184
- Waterfront: No
- Year Built: 2024
- Bldg sqft: 3268
- Days On Market: 154
- Acreage: 2.61 acres
- Additional Information
- Geolocation: 30.1543 / -85.5666
- County: BAY
- City: Panama City
- Zipcode: 32404
- Subdivision: [no Recorded Subdiv]
- Elementary School: Callaway
- Middle School: Everitt
- High School: Rutherford
- Provided by: Coldwell Banker Realty
- DMCA Notice
Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
Property Information
- Property Condition: ToBeBuilt, NeverOccupied
Land Information
- Lot Features: Cleared, InteriorLot
School Information
- High School: Rutherford
- Middle School: Everitt
- School Elementary: Callaway
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Well
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir
- Heating: Central, Electric
- Sewer: SepticTank
- Utilities: ElectricityAvailable, SewerAvailable, SepticAvailable, WaterAvailable
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Legal Description: 8 4S 13W-56- BEG 660' S OF NW COR OF SW1/4 OF NE1/4 TH W 408' S 45.9' E 408' N 45.9' TO BEG LESS SR RW ORB 4600 P 1792
- Levels: One
- Area Major: 02 - Bay County - Central
- Parcel Number: 06454-000-000
- The Range: 0.00
- Views: 24
Nearby Subdivisions
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Investors take note! This is a rare opportunity to own a high cash flow mobile home park generating $76,600 annually in gross rents, with the potential to increase to $91,000 by adjusting rents to i
- Approx. 6570 sqft
- Provided by Keller Williams Success Realty
- Provided through
- DMCA Notice
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
