Find Your Emerald Coast Home Live the Gulf Life!

5012 Gulf Drive

Panama City Beach , FL 32408

MLS#: 743536

$1,395,000

Status: Closed
Listing number: 743536
Listing provided by: Counts Real Estate Group Inc
Listing agent phone: None
Last update: a month ago
On site: 2 years ago
Browse Properties
No Named Subdivision - Residential

Property

Beds

8

Full Baths

8

1/2 Baths

None

Year Built

1973

Sq.Footage

N/A

***Multiple offers. Highest and best due by 5pm July 6*** Short term quadplex located across the street from the beach and public access. This multifamily complex has a pool and NO HOA. Each of the four units features 2 bedrooms and 2 full baths. Turn key rental machine. Construction is all brick with 2 layers of elastomeric stucco and elastomeric paint. Roof is 2019 and metal composite shingle. All water heaters replaced in 2021. Windows and doors were replaced under current ownership. Floors have all been updated to LVP with thicker rubber backing. Parking lot features 10 spots, 2 per unit, and two extra for vendors or overflow. Property is very low maintenance having no grass or need for lawn service. Financials available upon request. This is the opportunity to own your own condo complex and avoid rising HOA fees and assessments.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    8

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    Yes

  • Pool Features

    In Ground

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Waterfront

  • Property Type

    Residential

Price

  • Sales Price

    $1,395,000

  • Tax Amount

    2800.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Patronis

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • Stories

    2

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Location

County

Bay

Elementary School

Patronis

Middle School

Surfside

High School

Arnold

Listing Courtesy of Cherie Alexander , Counts Real Estate Group Inc

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Agent Opey Russ

Broker

Opey Russ

Call Opey today to schedule a private showing.

(850) 699-1996

Opey@GulfLifeGo.com


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***Multiple offers. Highest and best due by 5pm July 6*** Short term quadplex located across the street from the beach and public access. This multifamily complex has a pool and NO HOA. Each of the four units features 2 bedrooms and 2 full baths. Turn key rental machine. Construction is all brick with 2 layers of elastomeric stucco and elastomeric paint. Roof is 2019 and metal composite shingle. All water heaters replaced in 2021. Windows and doors were replaced under current ownership. Floors have all been updated to LVP with thicker rubber backing. Parking lot features 10 spots, 2 per unit, and two extra for vendors or overflow. Property is very low maintenance having no grass or need for lawn service. Financials available upon request. This is the opportunity to own your own condo complex and avoid rising HOA fees and assessments.

5012 Gulf Drive

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