4340 College Station Road

Panama City, FL 32404

$1,600,000
Price
19
Beds
12
Baths
10,000 Sq. Ft.
$160 / Sq. Ft.
10,000
Sq. Ft.
$160
per Sq. Ft.

Description

Multi Family Investment Opportunity. Property consists of 6 Detached Single Family homes on approximately 7.5 acres of land in central Panama City, Florida. The property also includes additional lots to build more homes. There are currently 4 homes on College Station Rd. and 2 homes on private drive behind front 4 homes. This property is located right off Hwy 231 at the intersection E. Hwy 390 and Hwy 231. The neighborhood is only about 10 minutes to 23rd St shopping corridor. This is a great investment...Multi Family Investment Opportunity. Property consists of 6 Detached Single Family homes on approximately 7.5 acres of land in central Panama City, Florida. The property also includes additional lots to build more homes. There are currently 4 homes on College Station Rd. and 2 homes on private drive behind front 4 homes. This property is located right off Hwy 231 at the intersection E. Hwy 390 and Hwy 231. The neighborhood is only about 10 minutes to 23rd St shopping corridor. This is a great investment package for investors looking to increase their real estate portfolio. The property addresses included in the sale are 4347 College Station Rd, 4350 College Station Rd, 4400 College Station Rd, 4402 College Station Rd, 4403 College Station Rd. and 4415 College Station Rd. Current monthly rental income on 5 homes is $8,945. One of the homes (4403 College Station) needs repairs (interior gutted) and is not currently rented.

Property Details for 4340 College Station Road

Waterfront
No
Parking Features
Garage
Subdivision Name
[No Recorded Subdiv]
Zoning Description
County,Horses Allowed,Resid Single Family

Location

Listing Courtesy of Coldwell Banker Realty
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LISTING UPDATED: 04/09/2024 10:14 AM

Property Details for 4340 College Station Road

StatusActive
MLS #748408
Days on Market205
Taxes$5,725 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi Family / Multi Family
Year Built1972
Lot Size7.50 AC / 326,700 SF
CountyBay County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 4340 College Station Road

Stories1Residences6Year Built1972Building Size-Lot Size7.50 AC / 326,700 SF

Payment Calculator

$9,209 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$477

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4340 College Station Road

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From Hwy 231 and East Ave., north on Hwy 231, turn right at light located at intersection of Hwy 231 and 390. Right on College Station Rd, homes on left
  • Road Surface Type: Dirt
  • Postal Code: 32404
  • Latitude: 30.227968
  • Longitude: -85.576578
  • State Or Province: FL
  • Road Frontage Type: County Road
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0201 - Bay - Central NE
Taxes and HOA Information
  • Parcel Number: 05922-000-000
  • Association: No
  • Tax Annual Amount: $5,725.00
  • Tax Legal Description: 18 3S 13W -14- 129B ST AND BAY DEV CO PLAT LOTS 47 & 50 ORB 4041 P 1362 (SUB SEW ESMT ORB 3701 P 1506)
  • Tax Year: 2022
School Information
  • Elementary School: Tommy Smith
  • High School: Bay
  • Middle Or Junior School: Merritt Brown
Parking
  • Garage Spaces: 12.0
  • Garage: Yes
Property
Lot Information
  • Lot Features: Cleared, Interior Lot
  • Lot Size Acres: 7.5
  • Lot Size Dimensions: 550 x 650
  • Lot Size Square Feet: 326700.0
  • Living Area: 10000.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1972
  • Human Modified: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Septic Available, Water Available
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Building Features: Dumpster
  • Community Features: Short Term Rental Allowed
  • Foundation Details: Slab
  • Roof: Composition, Shingle
Interior Features
  • Stories Total: 1
  • Flooring: Plank, Vinyl
  • Bathrooms Full: 12
  • Bathrooms Total: 12
  • Bedrooms Total: 19
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Electric
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Unfurnished
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
  • Interior Features: Recessed Lighting, Split Bedrooms
  • Window Features: Double Pane Windows
Room Information
Room 1
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 2
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 3
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 4
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 5
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 6
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 7
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 8
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 9
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 10
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 11
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 12
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 13
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Bedroom
  • Room Width: 15.0
Room 14
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Living Room
  • Room Width: 15.0
Room 15
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Living Room
  • Room Width: 15.0
Room 16
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Living Room
  • Room Width: 15.0
Room 17
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Living Room
  • Room Width: 15.0
Room 18
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Living Room
  • Room Width: 15.0
Room 19
  • Room Area: 225.0
  • Room Dimensions: 15 x 15
  • Room Length: 15.0
  • Room Type: Living Room
  • Room Width: 15.0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 6
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 4340 College Station Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4340 College Station Road

Taxable ValueLand-Additions-Total-
Tax Record2023$7,260 ($605 / month)
Home Facts
Beds3Total Finished SqFt1,835 SqFtAbove Grade Finished SqFt1,835 SqFtStories1Lot Size413,820 SqFtStyleSingle Family ResidenceYear Built1972CountyBAYAPN05922-000-000Fireplace TypeHas Fireplace

Schools near 4340 College Station Road

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

Merritt Brown Middle School
Public6 to 8

Bay High School
Public9 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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Similar Sold Homes

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4340 College Station Road is a multi-family home for sale in Panama City, FL 32404. This property was listed for sale on October 26, 2023 by Coldwell Banker Realty, it's currently listed at $1,600,000. It has been on the market for a total of 205 days and was last sold on March 24, 2021. This listing's school district is Bay. Nearby schools include Tommy Smith Elementary School, Merritt Brown Middle School and Bay High School. 4340 College Station Road is a 19-bed, 12-bath, 10,000 sqft multi-family home built in 1972.

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 Coldwell Banker 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.