$779,000
For Sale

119 College Avenue

Panama City, FL 32401
15 beds | 9.00 baths | #954778
Browse 65 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to 119 College Ave., a property that presents an incredible investment opportunity with stable income generation from 6 rental units in a well-maintained and newly remodeled setting. All 6 units generate approximately $85,800 in gross annual income. This property is nestled on a large corner lot (.4 acres) and does not require flood insurance as it is in 'X'' flood zone. All buildings have newer 30-year dimensional shingle roofs that were installed in 2019. The primary rental house, consisting of 3 rental units (8 bedrooms and 5 bathrooms), has undergone a comprehensive remodel and was taken down to the studs and built back up with the finest attention to detail. It boasts a large front porch, three new HVAC units, and new kitchens equipped with brand-new appliances.

  • Interior Details
      • InteriorNewly Painted, Renovated, Washer/Dryer Hookup
    • Beds & Baths
      • Bathrooms9.00
      • Bedrooms15
  • Property Details
      • Exterior MaterialsRoof Dimensional Shg, Siding Vinyl
      • Exterior FeaturesPatio Covered, Porch, Renovated
      • Lot FeaturesCleared, Corner
    • Measurements
      • Lot Size179 x 120 x 179 x 120
  • Construction Details
      • StyleTraditional
      • Property TypePurchase
    • Condition
      • Year Built1925
  • Utilities / Energy Details
      • EnergyAC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
    • Utility
      • AppliancesCooktop, Refrigerator, Stove/Oven Electric
      • Utility FeaturesElectric, Public Sewer, Public Water
  • Community and Neighborhood Details
      • SubdivisionNO RECORDED SUBDIVISION
    • Location
      • Elementary SchoolCherry Street
      • Middle SchoolJinks
      • High SchoolBay
  • Other
      • MLS #954778

Location

Legal

Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


Last Updated: . Source: ECAR

Listing Courtesy
Listing Agent: Kaci A Hawes (#E33182), Phone: (850) 628-4537, Email: kacihawes.era@gmail.com
Listing Office: ERA Neubauer Commercial (#ERAN)

Ryan TorresReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Company

Explore

Account


    © 2024 Hannon Properties, LLC Emerald Coast. All rights reserved.
    Website built by CloseHack.

    Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.