2600 E 1st PLZ, Panama City, FL 32401
2600 E 1st PLZ, Panama City, FL 32401
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$ 675,000
Est. payment | /mo

6 Beds

6 Baths

2,432 SqFt


Save
$ 675,000
Est. payment | /mo
Save

6 Beds

6 Baths

2,432 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,432 sqft

Price per Sqft $277

Subdivision Fairview

MLS Listing ID 794807

Bedrooms 6

Full Baths 6

HOA Y/N No

Year Built 2023

Annual Tax Amount $5,306

Tax Year 2025

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Multi Family

Property Description

Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 05 - Bay County - East

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Paved

Community Features Short Term Rental Allowed

Private Pool No

Building

Story 1

Entry Level One

Sewer Public Sewer

Level or Stories One

New Construction No

Schools

Elementary Schools Cherry Street

Middle Schools Jinks

High Schools Bay

Others

Restrictions Short Term Rentals Allowed

Tax ID 22987-000-000

Special Listing Condition Listed As-Is

Listed by ERA Neubauer Real Estate Inc

Nearby Locations

Jacquelyn Gore

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(615) 308-7885

jacquelyngore@simplihom.com

495 Grand Blvd #211, Miramar Beach, FL 32550, USA

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2600 E 1st PLZ