Home » Panama City » 3900 W 17th st, Panama City, FL 32401 | A11644090

Fourplex (Quadruplex) Sold 3900 W 17th st, Panama City, FL 32401

$615,000
closed for a price of $550,000

Property Highlights

Listing ID A11644090 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) POOL Year Built 1950 Time of this property from published date until Closing Date 112 Days

3900 W 17th st, Panama City, FL 32401

Property Description: Attention investors and/or owner occupants. This excellent investment opportunity awaits you in the heart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zoned multifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5 bathrooms, and a triplex with 3 one bedroom one bath apartments. Zoning and lot size allow for building additional units. Separate water and electric meters for both structures. The main home has a mother-in-law quarters that can also be separated to give a total of 5 rentals. Fiberglass pool with saltwater system Large lot with room for your ATV, boat or jet skis 2 car garage Rental income of $5500-$6500/month, excellent Cap rate of at least 8%

Useful Info

Previous Asking Price:$635,000
Original List Price:$650,000
Close Price:$550,000

Lease Details

Rent Includes:
  • Sewer
  • Trash Collection
  • Water
  • Gardener

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Architectural
Style:
  • Fourplex
Levels:One
Construction Materials:
  • Frame
  • Other
Flooring:
  • Wood
  • Vinyl
Stories:1

Property Features

Waterfront:No
Swimming Pool Features:
  • Other
  • Fiberglass
  • Pool
  • Automatic Chlorination
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$5,242

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects City & County Tax

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Owner
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Fha
Lease Considered:No

Community

Subdivision Name:bayview add
Senior Community:No

Parking

Parking Total Spaces:8
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects City & County Tax
Type of AssociationNone
StyleFourplex
Municipal Code28
Ref1080089230
Subdivision Number203
Buyer Country of ResidenceUnknown/Withheld

Zoning and Legal

Tax Legal Description:BAYVIEW ADD LOTS 8 THRU 14 INC BLK 24 ORB 4485 P 818 79C3
Real Estate Folio Number (Parcel Number):28385-000-000
Zoning Description:multifamily
Public Survey Township:28
Public Survey Range:38
Public Survey Section:5

Listing History

Update/EventDate/Days
Published Date:August 19, 2024 4:50 pm
On Market Date:August 8, 2024
Close Date:December 9, 2024
Price Change Date Time:November 24, 2024 12:20 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:December 11, 2024 4:49 pm
Status Last Changed:December 11, 2024 4:49 pm
Photos Last Modified:August 19, 2024 9:00 pm
Last Modified:December 11, 2024 9:49 pm
Days on the Market Reference Date:December 11, 2024
Days on the Market (updated on Last Modified*):56
Cumulative Days on the Market (updated on Last Modified**):56

Additional Information

Lot Size Range:1/2 To Less Than 3/4 Acre Lot
Number of Photos:45
Location:,,1/2 To Less Than 3/4 Acre Lot
Included:,,
Geographical Area:Other Geographic Area (Out Of Area Only)
Area:5940 Florida Other
Automated Valuation Display:Yes
Courtesy of:Rev Realty Group, LLC.
Universal Property Id:US-12005-N-28385000000-R-N

Location

Show Property Address:Yes
Street Name:17th st
Street Number:3900
Street Direction Prefix:W
Street Address:3900 W 17th st
City : Panama City
State : Florida
Zip Code : 32401
County : Bay
Full Address:3900 W 17th st, Panama City, FL 32401
Latitude:N30° 10' 46.1''
Longitude:W86° 17' 19.8''

Neighborhood

Postal City:Panama City

Property Map