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Wade M. Berlin

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617 9th Plaza
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PRICED AT ONLY: $182,500

Address: 617 9th Plaza, Panama City, FL 32404

Description

Seller offering up to $12,000 toward roof replacement with reasonable offer! Quote available for review! Exceptional investment opportunity in the heart of Parker! Whether you're expanding your rental portfolio or securing a property with immediate income potential, this well maintained home deserves a closer look. Major system updates provide added confidence, including a new water heater installed in February 2025 and an HVAC system replaced in 2018. Double pane windows enhance efficiency, and the formal dining room adds functional living space that appeals to long term tenants. The property is tenant occupied with a lease in place through 12/15/2026, offering established rental income from day one. Location is a standout feature, approximately 5 miles (about 9 minutes) to Tyndall Air Force Base and just minutes to everyday conveniences, shopping, and dining. Enjoy close proximity to beloved local amenities including: Parker Sports Complex, Parker Environmental Exploratorium Park, Under the Oaks Park, Nearby boat ramps and fishing piers, This location supports both lifestyle appeal and rental stability, a combination investors consistently seek. Buyer to verify all measurements and information deemed important.

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More Like This
  • MLS#: 785417 ( Residential )
  • Street Address: 617 9th Plaza
  • Viewed: 58
  • Price: $182,500
  • Price sqft: $150
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 1216
  • Bedrooms: 3
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 86

Description

Seller offering up to $12,000 toward roof replacement with reasonable offer! Quote available for review! Exceptional investment opportunity in the heart of Parker! Whether you're expanding your rental portfolio or securing a property with immediate income potential, this well maintained home deserves a closer look. Major system updates provide added confidence, including a new water heater installed in February 2025 and an HVAC system replaced in 2018. Double pane windows enhance efficiency, and the formal dining room adds functional living space that appeals to long term tenants. The property is tenant occupied with a lease in place through 12/15/2026, offering established rental income from day one. Location is a standout feature, approximately 5 miles (about 9 minutes) to Tyndall Air Force Base and just minutes to everyday conveniences, shopping, and dining. Enjoy close proximity to beloved local amenities including: Parker Sports Complex, Parker Environmental Exploratorium Park, Under the Oaks Park, Nearby boat ramps and fishing piers, This location supports both lifestyle appeal and rental stability, a combination investors consistently seek. Buyer to verify all measurements and information deemed important.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Patio
  • Fencing: Fenced, Partial
  • Living Area: 0.00
Land Information
  • Lot Features: Paved
School Information
  • High School: Rutherford
  • Middle School: Rutherford Middle
  • School Elementary: Parker
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer
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: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricOven, ElectricWaterHeater
  • Legal Description: LAKE DRIVE HEIGHTS LOT 2 BLK B ORB 4669 P 375
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 25296-000-000
  • Style: Other
  • The Range: 0.00
  • Views: 58
Nearby Subdivisions
[no Recorded Subdiv]   Avondale Estates   Barrett's Park   Baxter Subdivision   Bay County Estates Unit 1   Bay Front Unit 6   Bayou Estates   Bayou Oaks North   Black Oak Ridge   Brentwoods Phase Iii   Bridge Harbor   Brighton Oaks   Bylsma Manor Estates   C A Taylor's 2nd Addition Cala   Callaway   Callaway Bayou Est   Callaway Bayou Estates Unit 2   Callaway Chase   Callaway Corners   Callaway Forest U-1   Callaway Forest U-2   Callaway Homes   Callaway Point   Callaway Shores U-1   Callaway Southeast   Cedar Park Ph I   Cherokee Heights   Cherokee Heights Phase Iii   Cherry Hill Unit 1   Cherry Hill Unit 2   College Station Phase 1   College Station Phase 2   College Station Phase 3   Colonial Est.   Creek Hollow Estates Unit   Deer Point Cove   Deerpoint Estates   Deerwood   Donalson Point   East Bay Park   East Bay Park 2nd Add   East Bay Preserve   Florida Hwy Estates N   Forest Shores   Fox Place Estates   Game Farm   Gilbert-pkr Add-pt Don   Grimes Callaway Bayou Est U-6   Harvey Heights   Hickory Park   Highpoint   Hiland Hills   Horne Memory Plat   Laird Point   Lake Drive Heights   Lake Drive Heights 1st   Lakewood Manor U-1 Rep   Lannie Rowe Lake Estates U-7   Lannie Rowe Lake Ests   Liberty   Lillian Carlisle Plat   Long Point Park 2nd Add   Maegan's Ridge   Magnolia Ridge   Manors Of Magnolia Hills   Mars Hill   Martin Bayou Estates   Mill Bayou Estates   Morningside   No Named Subdivision   Oakmont   Olde Towne Village   Park Place Phase 1   Parkbrook   Parker   Parker Plat   Pine Wood Grove   Pine Woods Add.   Pine Woods Dev Phase Ii   Pinewood Grove Unit 2   Pitts 1st Addto Parker   Plantation Heights   Plantation Point   Rachels Landing   Riverside Phase Ii   Riverside Phase Iii   Robins Court   Sandy Creek   Sandy Creek & Country Club Pha   Sandy Creek Air Park   Sandy Creek Ranch And Country    Sentinel Point   Shadow Bay Unit 2   Shadow Bay Unit 5   Springfield   St A B Dev Co   St And Bay Dev Co   Sunbay Townhouses   Sunrise At East Bay   Sweetwater Ph 6   Sweetwater Village N Ph 2   Thousand Oaks   Titus Park   Towne & Country Lake Estates   Tyndall Station   Village Of Mill Bayou/shorelin   W H Parker   Waters Edge   Wh Parker   Woodmere  
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  2. The Real Estate Professional You Deserve
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Wade M. Berlin

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