Investment opporunity located in one of the most popular areas of Panama City FL, in St Andrews. This property is located on the heaviest traveled road, HWY 98 that leads across the entire county. Currently the property consists of 4 separate rentals, a 3 bedroom 2 bath home, 2 separate studio apartments and 1 cottage each with 1 bedroom and 1 bath for a total of 6 bedrooms and5 baths. Rents total approximately $55,800 annually. There are solar panels that power the rentals also, a $100,000 investment by the current owner. St Andrews is growing fast and this property will continue to appreciate in value while generating rental income. Take a look and call today.
Investment opporunity located in one of the most popular areas of Panama City FL, in St Andrews. This property is located on the heaviest traveled road, HWY 98 that leads across the entire county. Currently the property consists of 4 separate rentals, a 3 bedroom 2 bath home, 2 separate studio apartments and 1 cottage each with 1 bedroom and 1 bath for a total of 6 bedrooms and5 baths. Rents total approximately $55,800 annually. There are solar panels that power the rentals also, a $100,000 investment by the current owner. St Andrews is growing fast and this property will continue to appreciate in value while generating rental income. Take a look and call today.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 3242.00
Other Structures: Sheds
Roof: Shingle
School Information
High School: Bay
Middle School: Jinks
School Elementary: Lucille Moore
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Driveway
Eco-Communities
Pool Features: None
Utilities
Carport Spaces: 0.00
Cooling: WindowUnits
Heating: Electric, VariesByUnit
Road Frontage Type: CityStreet, Highway
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
Tax Year: 2024
Trash Expense: 0.00
Other Features
Furnished: Unfurnished
Legal Description: 36 3S 15W SE1/4 LOTS 10 & 11 & 12 LESS ST RD R/W BLK 25 ORB 4433 P 1365
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