2228 East 17th Street
2228 East 17th Street
Panama City, FL 32405
$1,600,000
Price
15
Beds
13
Baths
7,120 Sq. Ft.
$225 / Sq. Ft.
7,120
Sq. Ft.
$225
per Sq. Ft.
Description
Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring...Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes, constructed in 2020, feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the recently renovated triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.
- Listed by Taylor Moorman • Scenic Sotheby's International Realty
Property Details for 2228 East 17th Street
Waterfront
No
Parking FeaturesDriveway
Subdivision NameNo Named Subdivision
Zoning DescriptionResid Multi-Family
Location
Listing Courtesy of Scenic Sotheby's International Realty
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LISTING UPDATED: 05/30/2024 08:53 AM
Property Details for 2228 East 17th Street
| Status | Active |
|---|---|
| MLS # | 756905 |
| Days on Market | 22 |
| Taxes | $11,557 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential / Multi Family / Multi Family |
| Year Built | 2020 |
| Lot Size | 0.96 AC / 41,817 SF |
| County | Bay County |
Location
Listing Courtesy of Scenic Sotheby's International Realty
Add your commute
Building Information for 2228 East 17th Street
Stories-Residences-Year Built2020Building Size-Lot Size0.96 AC / 41,817 SF
Payment Calculator
$9,695 per month
30 year fixed, 7.25% Interest
Principal and Interest
$8,732
Property Taxes
$963
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2228 East 17th Street
Summary
Location and General Information
- City: Panama City
- County Or Parish: Bay
- Directions: From Hwy 98 and Sherman, head North on Sherman, turn left at 17th Street. (5) Duplexes and (1) Triplex on the left just behind the commercial lot on the corner of Sherman & 17th Street.
- Postal Code: 32405
- Latitude: 30.17784
- Longitude: -85.634023
- State Or Province: FL
- MLS Area Major: 02 - Bay County - Central
- MLS Area Minor: 0201 - Bay - Central NE
Taxes and HOA Information
- Parcel Number: 14740-040-000, 020-010, 020-000, 022-000, 021-000
- Association: No
- Tax Annual Amount: $11,557.00
- Tax Legal Description: Multi parcel / Parcel ID's: 14740-040-000, 14740-020-010, 14740-020-000, 14740-022-000, 14740-021-000.
- Tax Year: 2023
School Information
- Elementary School: Cedar Grove
- High School: Bay
- Middle Or Junior School: Mowat
Parking
- Garage: No
Property
Lot Information
- Lot Size Acres: 0.96
- Lot Size Dimensions: 300x140
- Lot Size Square Feet: 41818.0
- Living Area: 7120.0
- Living Area Source: Owner
Property and Assessments
- Year Built: 2020
- Human Modified: No
Utilities
- Utilities: Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
- Construction Materials: Frame, Hardboard
- Roof: Composition, Shingle
Interior Features
- Bathrooms Full: 13
- Bathrooms Total: 13
- Bedrooms Total: 15
- Cooling: Yes
- Cooling: Central Air, Electric
- Furnished: Unfurnished
- Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
Room Information
Room 1
- Room Area: 48.5
- Room Description: (1-bed units)
- Room Dimensions: 9.7 x 5
- Room Length: 9.7
- Room Level: First
- Room Type: Full Bath
- Room Width: 5.0
Room 2
- Room Area: 77.6
- Room Description: (1-bed units)
- Room Dimensions: 9.7 x 8
- Room Length: 9.7
- Room Level: First
- Room Type: Full Bath
- Room Width: 8.0
Room 3
- Room Area: 37.5
- Room Description: (2-bed units)
- Room Dimensions: 5 x 7.5
- Room Length: 5.0
- Room Level: First
- Room Type: Full Bath
- Room Width: 7.5
Room 4
- Room Area: 37.5
- Room Description: (2-bed units)
- Room Dimensions: 5 x 7.5
- Room Length: 5.0
- Room Level: First
- Room Type: Full Bath
- Room Width: 7.5
Room 5
- Room Area: 186.2
- Room Description: (1-bed units)
- Room Dimensions: 9.8 x 19
- Room Length: 9.8
- Room Level: First
- Room Type: Living Room
- Room Width: 19.0
Room 6
- Room Area: 186.2
- Room Description: (1-bed units)
- Room Dimensions: 9.8 x 19
- Room Length: 9.8
- Room Level: First
- Room Type: Living Room
- Room Width: 19.0
Room 7
- Room Area: 186.2
- Room Description: living/kitchen(1-bed units)
- Room Dimensions: 9.8 x 19
- Room Length: 9.8
- Room Level: First
- Room Type: Living Room
- Room Width: 19.0
Room 8
- Room Area: 204.0
- Room Description: (2-bed units)
- Room Dimensions: 12 x 17
- Room Length: 12.0
- Room Level: First
- Room Type: Kitchen
- Room Width: 17.0
Room 9
- Room Area: 204.0
- Room Description: Kitchen / living (2-bed units)
- Room Dimensions: 12 x 17
- Room Length: 12.0
- Room Level: First
- Room Type: Kitchen
- Room Width: 17.0
Room 10
- Room Area: 159.8
- Room Description: (1-bed units)
- Room Dimensions: 8.5 x 18.8
- Room Length: 8.5
- Room Level: First
- Room Type: Bedroom
- Room Width: 18.8
Room 11
- Room Area: 159.8
- Room Description: (1-bed units)
- Room Dimensions: 8.5 x 18.8
- Room Length: 8.5
- Room Level: First
- Room Type: Bedroom
- Room Width: 18.8
Room 12
- Room Area: 141.6
- Room Description: (2-bed units)
- Room Dimensions: 11.8 x 12
- Room Length: 11.8
- Room Level: First
- Room Type: Bedroom
- Room Width: 12.0
Room 13
- Room Area: 138.32
- Room Description: (2-bed units)
- Room Dimensions: 13.3 x 10.4
- Room Length: 13.3
- Room Level: First
- Room Type: Bedroom
- Room Width: 10.4
Room 14
- Room Area: 141.6
- Room Description: (2-bed units)
- Room Dimensions: 11.8 x 12
- Room Length: 11.8
- Room Level: First
- Room Type: Bedroom
- Room Width: 12.0
Room 15
- Room Area: 138.32
- Room Description: (2-bed units)
- Room Dimensions: 13.3 x 10.4
- Room Length: 13.3
- Room Level: First
- Room Type: Bedroom
- Room Width: 10.4
Rental
Rental Information
- Occupant Type: Occupied
- Lease Term: Other
Property History for 2228 East 17th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2228 East 17th Street
Taxable ValueLand$28,812Additions$285,105Total$313,917
Tax Record2023$4,091 ($341 / month)
Home Facts
Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtStories1Lot Size13,983 SqFtStyleDuplexYear Built1972Year Renovated2020CountyBAYAPN14740-040-000
Schools near 2228 East 17th Street
This home is within Bay.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Cedar Grove Elementary School PublicPK to 5 | ||
Mowat Middle School Public6 to 8 | ||
Bay High School Public9 to 12 | ||
Child Care Washington Academy Public6 to 8 |
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.
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Listing Courtesy of Scenic Sotheby's International Realty
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.
