143 North Claire Drive

Panama City, FL 32401

$399,000
Price
1
Beds
1
Bath
1,612 Sq. Ft.
$248 / Sq. Ft.
1,612
Sq. Ft.
$248
per Sq. Ft.

Description

Investment Opportunity: 6-Unit Income Property in Panama City, FLWelcome to 143 Claire Avenue, a prime investment opportunity in Panama City, Florida. This well-maintained property features six units, each offering a fantastic source of long-term rental income. Key Features:Steady Income Stream: With an impressive annual revenue exceeding $60,000, this property is a reliable and lucrative source of long-term rental income. Updated Interiors: Recently renovated units showcase modern upgrades and thoughtful...Investment Opportunity: 6-Unit Income Property in Panama City, FLWelcome to 143 Claire Avenue, a prime investment opportunity in Panama City, Florida. This well-maintained property features six units, each offering a fantastic source of long-term rental income. Key Features:Steady Income Stream: With an impressive annual revenue exceeding $60,000, this property is a reliable and lucrative source of long-term rental income. Updated Interiors: Recently renovated units showcase modern upgrades and thoughtful design, providing tenants with comfortable and contemporary living spaces. The updates enhance the overall appeal of the property, making it an attractive option for potential renters. Prime Location: Conveniently located in Panama City, residents enjoy easy access to local amenities, schools, parks, and employment centers. The property's strategic location adds to its desirability and ensures a steady demand for rental units. Low Vacancy Rates: The property's strong rental history and the demand for housing in the area contribute to consistently low vacancy rates, providing investors with peace of mind and a stable return on investment. Well-Maintained Exterior: The exterior of the property is meticulously maintained, creating a welcoming and attractive curb appeal. A well-kept property not only appeals to potential tenants but also adds to the overall value of the investment. Measurements are approximate buyer must verify if important.
  1. Listed by Justin Cater LLC • EXP Realty LLC

Property Details for 143 North Claire Drive

Waterfront
No
Subdivision Name
No Named Subdivision
Zoning Description
Resid Multi-Family

Location

Listing Courtesy of EXP Realty LLC
Add your commute
LISTING UPDATED: 04/23/2024 09:09 PM

Property Details for 143 North Claire Drive

StatusActive
MLS #750404
Days on Market140
Taxes$492 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi Family / Multi Family
Year Built1947
Lot Size0.17 AC / 7,250 SF
CountyBay County

Location

Listing Courtesy of EXP Realty LLC
Add your commute

Building Information for 143 North Claire Drive

Stories-Residences-Year Built1947Building Size-Lot Size0.17 AC / 7,250 SF

Payment Calculator

$2,219 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,178

Property Taxes

$41

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 143 North Claire Drive

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: East on old 98 take a left at Cherry Street and a left onto Claire Avenue.
  • Postal Code: 32401
  • Latitude: 30.148575
  • Longitude: -85.611943
  • State Or Province: FL
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0202 - Bay - Central SE
Taxes and HOA Information
  • Parcel Number: 23923-000-000
  • Association: No
  • Tax Annual Amount: $492.00
  • Tax Legal Description: GROVE HILL PLAT -118C4- LOT 19 ORB 4623 P 618
  • Tax Year: 2022
School Information
  • Elementary School: Cherry Street
  • High School: Rutherford
  • Middle Or Junior School: Rutherford Middle
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Dimensions: 50x145
  • Living Area: 1612.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1947
  • Property Condition: To Be Built
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence
  • Community Features: Short Term Rental Allowed
Interior Features
  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 1
  • Cooling: Yes
  • Cooling: Central Air, Ductless
  • Furnished: Unfurnished
  • Appliances: Electric Cooktop, Microwave
Room Information
Room 1
  • Room Area: 260.0
  • Room Dimensions: 13 x 20
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Studio
  • Room Width: 20.0
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 143 North Claire Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 143 North Claire Drive

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

Everitt Middle School
Public6 to 8

Rutherford High School
Public6 to 12

Springfield Elementary School
PublicPK to 5

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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143 North Claire Drive is a multi-family home for sale in Panama City, FL 32401. This property was listed for sale on December 17, 2023 by EXP Realty LLC, it's currently listed at $399,000. It has been on the market for a total of 140 days and was last sold on October 21, 2022. This listing's school district is Bay. Nearby schools include Parker Elementary School, Everitt Middle School and Rutherford High School. 143 North Claire Drive is a 1-bed, 1-bath, 1,612 sqft multi-family home built in 1947.

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.

Listing Courtesy of EXP Realty LLC

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.