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1517 Clay (Two Duplexes) Avenue , A & B

Panama City, FL 32405
  • $450,000
  • STATUS: Closed
  • ON SITE: 336 Days
  • MLS #: 745600
Sold - 10/10/2023
$450,000
SOLD - 10/10/2023
  • 2
    BEDS
  • 0.22
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,392
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1975
County:
Bay

School Information

Elementary School:
Middle School:
High School:
Bay

Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to the opportunity to purchase two duplexes (4 units) located in St. Andrews. These well-maintained and professionally managed duplexes are located in the sought-after St. Andrews area of Panama City, FL have provided consistent and stable cash flow! These two charming duplexes (4 units) present a fantastic investment opportunity with their convenient location, strong rental demand and desirable features.Each unit offers two bedrooms and one bathroom, with a spacious living room, open kitchen, central heat & air, washer and dryer hook up (each unit) that provides comfortable and functional living spaces. The brick facades exude functional appeal and durability, and the fenced backyards ensure privacy and an excellent outdoor space for tenants and pets.Situated on a corner lot, the duplexes offer dedicated off-street parking, adding to the convenience and easy access to residents' front doors. Recent updates include new roofs and privacy fences installed in 2019. The long-term tenants and consistent occupancy history showcase the strong demand for quality apartment homes in this area.Residents will appreciate the prime location, as these duplex buildings are close to several grocery stores, retail areas on W 15th St & 23rd Street, St. Andrews restaurants, hospitals, and area employers, offering easy access to everyday necessities and amenities.Currently, the rents are below market at $800/month, but similar St. Andrews apartment units are achieving $1,100 to $1,200 in the current market, making these duplexes an enticing investment opportunity with the potential for increased rental income.Don't miss this chance to own these income-generating duplex apartment homes in the desirable St. Andrews area of Panama City.

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© 2024 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 The Premier Property Group. Data last updated: 2024-07-25T00:04:00.777.
www.premierbeachretreats.com/homes/142720890
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1517 Clay (Two Duplexes) Avenue , A & B Panama City, FL 32405

  • Price: $499,000
  • Status: Closed
  • On Site: 336 Days
  • MLS #: 745600
2
Beds
1
Baths
0
½ Baths
0.22
Acres
3,392
SQFT
$0
$/SQFT
1975
Built
Neighborhood:
Gulf Coast Dev
County:
Bay
Area:
Bay County-Central
Elementary School:
Lucille Moore
Middle School:
Jinks
High School:
Bay
Property Description
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to the opportunity to purchase two duplexes (4 units) located in St. Andrews. These well-maintained and professionally managed duplexes are located in the sought-after St. Andrews area of Panama City, FL have provided consistent and stable cash flow! These two charming duplexes (4 units) present a fantastic investment opportunity with their convenient location, strong rental demand and desirable features.Each unit offers two bedrooms and one bathroom, with a spacious living room, open kitchen, central heat & air, washer and dryer hook up (each unit) that provides comfortable and functional living spaces. The brick facades exude functional appeal and durability, and the fenced backyards ensure privacy and an excellent outdoor space for tenants and pets.Situated on a corner lot, the duplexes offer dedicated off-street parking, adding to the convenience and easy access to residents' front doors. Recent updates include new roofs and privacy fences installed in 2019. The long-term tenants and consistent occupancy history showcase the strong demand for quality apartment homes in this area.Residents will appreciate the prime location, as these duplex buildings are close to several grocery stores, retail areas on W 15th St & 23rd Street, St. Andrews restaurants, hospitals, and area employers, offering easy access to everyday necessities and amenities.Currently, the rents are below market at $800/month, but similar St. Andrews apartment units are achieving $1,100 to $1,200 in the current market, making these duplexes an enticing investment opportunity with the potential for increased rental income.Don't miss this chance to own these income-generating duplex apartment homes in the desirable St. Andrews area of Panama City.
Exterior Features

Architectural Style Duplex Exterior Features Fence Garage YN No Structure Type Duplex

Interior Features

Cooling Central Air Cooling YN Yes Furnished Unfurnished Heating Central Heating YN Yes Rooms Bedroom (First Level) Bedroom (First Level)

Property Features

Association YN No Buyer Financing Conventional Listing Agreement Exclusive Agency Listing Service Full Service Lot Size Dimensions 70 X 140 Occupant Type Occupied Property Sub Type Duplex Property Sub Type Additional Duplex Utilities None Waterfront YN No

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Five Bridges Real Estate Services Co. LLC: (850) 913-9133. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 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 The Premier Property Group. Data last updated: 2024-07-25T00:04:00.777.
 
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The Premier Property Group
10343 E Co Hwy 30A, Suite 105
Seacrest Beach FL, 32461