1211 Stephen Drive

Panama City, FL 32405

$1,075,000
Price
8
Beds
8
Baths
4,288 Sq. Ft.
$251 / Sq. Ft.
4,288
Sq. Ft.
$251
per Sq. Ft.

Description

Attention investors Super modern quadplex Fully rented currently producing $96K/year with 4 long-term leases, and security deposits! Short-term rentals projections over $144K/year! Very low insurance, taxes, and management cost represents an amazing Cap rate! Over $200k in upgrades... Completely renovated with top of the line! 8beds/8baths. New kitchen cabinets, Quartz countertops, new tile flooring in all 4 units including stairs, new recessed lighting trough out, freshly painted, new bathrooms,...Attention investors Super modern quadplex Fully rented currently producing $96K/year with 4 long-term leases, and security deposits! Short-term rentals projections over $144K/year! Very low insurance, taxes, and management cost represents an amazing Cap rate! Over $200k in upgrades... Completely renovated with top of the line! 8beds/8baths. New kitchen cabinets, Quartz countertops, new tile flooring in all 4 units including stairs, new recessed lighting trough out, freshly painted, new bathrooms, laundry rooms, landscaping, and much more! Excellent central location close to the beach, St. Andrews Bay, downtown, and Tyndall Air Force base! ONLY Full price offers; no appraisal contingency will be entertained. Call now, it won't last!

Property Details for 1211 Stephen Drive

Waterfront
No
Parking Features
Assigned, Parking Lot
Subdivision Name
[No Recorded Subdiv]
Zoning Description
Resid Multi-Family
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LISTING UPDATED: 04/29/2024 07:03 PM

Property Details for 1211 Stephen Drive

StatusActive
MLS #755127
Days on Market36
Taxes$7,596 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Quadruplex
Year Built2016
Lot Size0.22 AC / 9,583 SF
CountyBay County
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Building Information for 1211 Stephen Drive

Stories2Residences-Year Built2016Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$6,500 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,867

Property Taxes

$633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1211 Stephen Drive

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: GPS!
  • Postal Code: 32405
  • Latitude: 30.184413
  • Longitude: -85.680199
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0203 - Bay - Central SW
Taxes and HOA Information
  • Parcel Number: 14148-305-000
  • Association: No
  • Tax Annual Amount: $7,596.00
  • Tax Legal Description: NORTHSIDE ESTATES 91C1 LOT 18 BLK E ORB 4478 P 115
  • Tax Year: 2023
School Information
  • Elementary School: Northside
  • High School: Bay
  • Middle Or Junior School: Jinks
Parking
  • Garage: No
  • Other Parking: Driveway Spaces:8.00
Property
Lot Information
  • Lot Features: Landscaped
  • Lot Size Acres: 0.22
  • Lot Size Dimensions: 100 x 95.40
  • Lot Size Square Feet: 9540.0
  • Living Area: 4288.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 2016
  • Property Condition: Updated Remodeled
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Trash Collection, Water Available, Yard Maintenance
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
  • Community Features: Short Term Rental Allowed
  • Construction Materials: Brick
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Security Features: Smoke Detectors
  • Roof: Shingle
Interior Features
  • Stories Total: 2
  • Flooring: Tile
  • Bathrooms Full: 8
  • Bathrooms Total: 8
  • Bedrooms Total: 8
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Central
  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Interior Features: Kitchen Island, New Paint, Remodeled, Recessed Lighting
Room Information
Room 1
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Type: Bedroom
  • Room Width: 1.0
Room 2
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Type: Bedroom
  • Room Width: 1.0
Room 3
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Type: Bedroom
  • Room Width: 1.0
Room 4
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Type: Bedroom
  • Room Width: 1.0
Room 5
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Type: Bedroom
  • Room Width: 1.0
Room 6
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Type: Bedroom
  • Room Width: 1.0
Room 7
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Type: Bedroom
  • Room Width: 1.0
Room 8
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Type: Bedroom
  • Room Width: 1.0
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 1211 Stephen Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1211 Stephen Drive

Taxable ValueLand$27,933Additions$402,268Total$430,201
Tax Record2023$7,596 ($633 / month)
Home Facts
Beds2Total Finished SqFt1,072 SqFtAbove Grade Finished SqFt1,072 SqFtStories2Lot Size9,540 SqFtStyleTownhouseYear Built1986Year Renovated2016ZoningPC04CountyBAYAPN14148-305-000

Schools near 1211 Stephen Drive

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Northside Elementary School
PublicPK to 5

Jinks Middle School
Public6 to 8

Bay High School
Public9 to 12

Central High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1211 Stephen Drive is a multi-family home for sale in Panama City, FL 32405. This property was listed for sale on April 2, 2024, it's currently listed at $1,075,000. It has been on the market for a total of 36 days and was last sold on October 22, 2021. This listing's school district is Bay. Nearby schools include Northside Elementary School, Jinks Middle School and Bay High School. 1211 Stephen Drive is a 8-bed, 8-bath, 4,288 sqft multi-family home built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.