8209 Highway 2301

8209 Highway 2301

Youngstown, FL 32466

$199,000
Price
3
Beds
3
Baths
1,470 Sq. Ft.
$135 / Sq. Ft.
1,470
Sq. Ft.
$135
per Sq. Ft.

Description

Property has 4 addresses. 2 park owned existing mobile homes on property that are leasing for a total of $2080 a month. Expenses are extremely low because of well and septic. All figures and info are supplied by Seller and are not guaranteed and should be verified. Electric is less than $50 a month and Culligan has a water purifier rental for $130 a mo. Taxes are $945 a year or $79 a month. NOI around $21,855 a year giving a Cap Rate of 10.98%. Both units have been extremely well appointed during...Property has 4 addresses. 2 park owned existing mobile homes on property that are leasing for a total of $2080 a month. Expenses are extremely low because of well and septic. All figures and info are supplied by Seller and are not guaranteed and should be verified. Electric is less than $50 a month and Culligan has a water purifier rental for $130 a mo. Taxes are $945 a year or $79 a month. NOI around $21,855 a year giving a Cap Rate of 10.98%. Both units have been extremely well appointed during the rehab process with new kitchen cabinets in both units. Both even have granite kitchen countertops. Unit 8213 up front is a 1bd/1ba. Unit 8211 in back is a 14' wide (not the normal 12) and is a 2bd/2ba. Both bedrooms have their own bathrooms. One even has a garden tub and walk-in closet. Both units have Central HVAC and most appliances are new. Both units have washers and dryers. You'll see the quality and very little deferred maintenance the Seller takes pride in. Seller has another MHP (MLS# 737012) and owns both land and all units. 11 paying rentals located appx 1.5 miles away at 6904 thru 6920 Penny Rd. Asking Price $1.2M. Onsight Manager/Maintenance person takes care of both parks and is extremely trustworthy. Seller offering both properties at $1.4M (savings of appx 100k). Cap Rate is currently 8.08%. The larger park has 2 vacant lots that used to have units on them. Let someone put a unit on each of those vacant lots for $600 per unit raise rents by 7.5% and your total Cap Rate would be 10.06% based on $1.3M sale price. Call today for more details.

Property Details for 8209 Highway 2301

Architectural Style
Mobile Home
Waterfront
No
Subdivision Name
No Named Subdivision
Zoning Description
Resid Multi-Family

Location

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LISTING UPDATED: 03/23/2024 08:03 PM

Property Details for 8209 Highway 2301

StatusActive
MLS #730828
Days on Market629
Taxes$829 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMobile/Manufactured
MLS TypeResidential / Manufactured Home / Manufactured Home
Year Built1980
Lot Size1.81 AC / 78,843 SF
CountyBay County

Location

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Building Information for 8209 Highway 2301

Stories-Residences-Year Built1980Lot Size1.81 AC / 78,843 SF

Payment Calculator

$1,155 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,086

Property Taxes

$69

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8209 Highway 2301

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: Hwy 231 North past 390 to Left on Hwy 2301 located 2.7 miles down on left/Also in GPS
  • Postal Code: 32461
  • Latitude: 30.297925
  • Longitude: -85.546826
  • State Or Province: FL
  • Road Frontage Type: County Road
  • MLS Area Major: 04 - Bay County - North
  • MLS Area Minor: 0414 - Bay North - East Deerpoint/Bear Creek
Taxes and HOA Information
  • Parcel Number: 05450-018-000
  • Association: No
  • Tax Annual Amount: $829.00
  • Tax Legal Description: 21 2S 13W -1.72- 141C BEG 2307.9' N & 440.1' E OF SW COR OF E1/2 OF SEC TH E 139.09'SE 353.3' W 385.09'N 250' TO POB ORB 3918 P 998
  • Tax Year: 2022
School Information
  • Elementary School: Deer Point
  • High School: Mosley
  • Middle Or Junior School: Merritt Brown
Parking
  • Garage: No
Property
Lot Information
  • Lot Features: Cleared
  • Lot Size Acres: 1.81
  • Lot Size Dimensions: 125 X 415 X 383 X 267
  • Lot Size Square Feet: 78844.0
  • Living Area: 1470.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1980
  • Human Modified: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Community Features: Short Term Rental Allowed
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air, Electric
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Unfurnished
Room Information
Room 1
  • Room Area: 100.0
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 2
  • Room Area: 100.0
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Room 3
  • Room Area: 100.0
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 8209 Highway 2301

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8209 Highway 2301

Taxable ValueLand$56,299Additions$12,913Total$69,212
Tax Record2023$946 ($79 / month)
Home Facts
Total Finished SqFt560 SqFtAbove Grade Finished SqFt560 SqFtStories1Lot Size78,844 SqFtStyleMobile / Manufactured HomeYear Built1980ZoningBC16CountyBAYAPN05450-018-000

Schools near 8209 Highway 2301

This home is within Bay.
Rating
School
Type
Grades
Distance
Deer Point Elementary School
Public - PK to 5
Merritt Brown Middle School
Public - 6 to 8
A. Crawford Mosley High School
Public - 9 to 12
North Bay Haven Charter Academy Middle School
Charter - 6 to 8
Rating
School
Distance
Deer Point Elementary School
PublicPK to 5

Merritt Brown Middle School
Public6 to 8

A. Crawford Mosley High School
Public9 to 12

North Bay Haven Charter Academy Middle School
Charter6 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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More information about 8209 Highway 2301, Youngstown, FL 32466

8209 Highway 2301 is a mobile/manufactured home for sale in Youngstown, FL 32466. This property was listed for sale on August 13, 2022, it's currently listed at $199,000. It has been on the market for a total of 629 days and was last sold on March 12, 2001. This listing's school district is Bay. Nearby schools include Deer Point Elementary School, Merritt Brown Middle School and A. Crawford Mosley High School. 8209 Highway 2301 is a 3-bed, 3-bath, 1,470 sqft mobile/manufactured home built in 1980.

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.