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.
  1. Listed by Taylor A Moorman • Scenic Sotheby's International Realty

Property Details for 2228 East 17th Street

Subdivision
No Named Subdivision
MLS Sub Area
2701 - Bay - Central NE
Zoning
Resid Multi-Family

Location

Listing Courtesy of Scenic Sotheby's International Realty
Add your commute
LISTING UPDATED: 05/10/2024 10:58 AM

Property Details for 2228 East 17th Street

StatusActive
MLS #949535
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Attached Single Unit
Year Built2020
Lot Size0.96 AC / 41,817 SF
CountyBay County

Location

Listing Courtesy of Scenic Sotheby's International Realty
Add your commute

Building Information for 2228 East 17th Street

Stories1Year Built2020Building Size-Lot Size0.96 AC / 41,817 SF

Payment Calculator

$9,073 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$341

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2228 East 17th Street

Summary
Location and General Information
  • Absolute Longitude: 85.634023
  • 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.
  • Longitude: -85.634023
  • Latitude: 30.17784
Taxes and HOA Information
  • Assessment Fees: No
School Information
  • Elementary School: Cedar Grove
  • High School: Bay
  • Middle School: Mowat
Utilities
  • Utilities: Electric,Public Sewer,Public Water
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
Lot Information
  • Stories: 1.00
  • Area: 27 - Bay County
  • Building Design: Duplex
Property and Assessments
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Homestead: No
  • Pool: No
  • Pool Type: None
Interior Features
  • Energy: AC - Central Elect,Water Heater - Elect
Room Information
Room Information
  • Bedroom: First
  • Living Room: First
  • Rooms: Bedroom,Full Bathroom,Kitchen,Living Room
Bathroom
  • Full Bathroom: First
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 13.3 x 10.4
  • Remarks: (2-bed units)
  • Length: 13.3
  • Width: 10.4
  • Level: 1
  • Area: 138.32
Room 2
  • Dimensions: 11.8 x 12
  • Remarks: (2-bed units)
  • Length: 11.8
  • Width: 12.0
  • Level: 1
  • Area: 141.6
Room 3
  • Dimensions: 13.3 x 10.4
  • Remarks: (2-bed units)
  • Length: 13.3
  • Width: 10.4
  • Level: 1
  • Area: 138.32
Room 4
  • Dimensions: 11.8 x 12
  • Remarks: (2-bed units)
  • Length: 11.8
  • Width: 12.0
  • Level: 1
  • Area: 141.6
Room 5
  • Dimensions: 8.5 x 18.8
  • Remarks: (1-bed units)
  • Length: 8.5
  • Width: 18.8
  • Level: 1
  • Area: 159.8
Room 6
  • Dimensions: 8.5 x 18.8
  • Remarks: (1-bed units)
  • Length: 8.5
  • Width: 18.8
  • Level: 1
  • Area: 159.8
Room 7
  • Dimensions: 12 x 17
  • Remarks: Kitchen / living (2-bed units)
  • Length: 12.0
  • Width: 17.0
  • Level: 1
  • Area: 204.0
Room 8
  • Dimensions: 12 x 17
  • Remarks: (2-bed units)
  • Length: 12.0
  • Width: 17.0
  • Level: 1
  • Area: 204.0
Room 9
  • Dimensions: 9.8 x 19
  • Remarks: living/kitchen(1-bed units)
  • Length: 9.8
  • Width: 19.0
  • Level: 1
  • Area: 186.2
Room 10
  • Dimensions: 9.8 x 19
  • Remarks: (1-bed units)
  • Length: 9.8
  • Width: 19.0
  • Level: 1
  • Area: 186.2
Room 11
  • Dimensions: 9.8 x 19
  • Remarks: (1-bed units)
  • Length: 9.8
  • Width: 19.0
  • Level: 1
  • Area: 186.2
Room 12
  • Dimensions: 5 x 7.5
  • Remarks: (2-bed units)
  • Length: 5.0
  • Width: 7.5
  • Level: 1
  • Area: 37.5
Room 13
  • Dimensions: 5 x 7.5
  • Remarks: (2-bed units)
  • Length: 5.0
  • Width: 7.5
  • Level: 1
  • Area: 37.5
Room 14
  • Dimensions: 9.7 x 5
  • Remarks: (1-bed units)
  • Length: 9.7
  • Width: 5.0
  • Level: 1
  • Area: 48.5
Room 15
  • Dimensions: 9.7 x 5
  • Remarks: (1-bed units)
  • Length: 9.7
  • Width: 5.0
  • Level: 1
  • Area: 48.5
Room 16
  • Dimensions: 9.7 x 5
  • Remarks: (1-bed units)
  • Length: 9.7
  • Width: 5.0
  • Level: 1
  • Area: 48.5
Room 17
  • Dimensions: 9.7 x 5
  • Remarks: (1-bed units)
  • Length: 9.7
  • Width: 5.0
  • Level: 1
  • Area: 48.5
Rental
Rental Information
  • Is Subject Leased: Yes
  • Lease Expiration Date: 06-28-2024
  • Rent per month: $12,000

Property History for 2228 East 17th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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Similar Sold Homes

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2228 East 17th Street is a single family home for sale in Panama City, FL 32405. This property was listed for sale on May 10, 2024 by Scenic Sotheby's International Realty, it's currently listed at $1,600,000. It has been on the market for a total of 22 days and was last sold on October 19, 2022. This listing's school district is Bay. Nearby schools include Cedar Grove Elementary School, Mowat Middle School and Bay High School. 2228 East 17th Street is a 15-bed, 13-bath, 7,120 sqft single family home built in 2020.

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 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.