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2810 W 15th Street

Panama City , FL 32401

MLS#: 781953

$425,000

Status: Active
Listing number: 781953
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
[No Recorded Subdiv] - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

N/A

Discover a prime investment opportunity in one of the most sought-after areas of Panama City, FL—Historic St. Andrews. This property is strategically located on HWY 98, the busiest road in the county. Currently, it features 4 rental units: a 3-bedroom, 2-bath home; two separate studio apartments; and one cottage with 1 bedroom and 1 bath, totaling 6 bedrooms and 5 baths. The rentals generate approximately $57,000 in annual income. Total expenses $27,000 a year. The main unit generates income of $1,500 a month. Unit 2 - $1,200 a month. Unit 3 and 4 - $450 a week. Water bill $500 a month for all 4 units. Electric - $300-$400 a month for 4 units. Solar panels - $800 a month. As Historic St. Andrews continues to grow, this property is poised for appreciation in value while providing a steady rental income. Don't miss out — call today to schedule the showing!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.42

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $425,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Lucille Moore

  • Middle School

    Jinks

  • High School

    Bay

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Location

County

Bay

Elementary School

Lucille Moore

Middle School

Jinks

High School

Bay

Listing Courtesy of Frank Trenholm , Coldwell Banker Realty

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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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Discover a prime investment opportunity in one of the most sought-after areas of Panama City, FL—Historic St. Andrews. This property is strategically located on HWY 98, the busiest road in the county. Currently, it features 4 rental units: a 3-bedroom, 2-bath home; two separate studio apartments; and one cottage with 1 bedroom and 1 bath, totaling 6 bedrooms and 5 baths. The rentals generate approximately $57,000 in annual income. Total expenses $27,000 a year. The main unit generates income of $1,500 a month. Unit 2 - $1,200 a month. Unit 3 and 4 - $450 a week. Water bill $500 a month for all 4 units. Electric - $300-$400 a month for 4 units. Solar panels - $800 a month. As Historic St. Andrews continues to grow, this property is poised for appreciation in value while providing a steady rental income. Don't miss out — call today to schedule the showing!

2810 W 15th Street

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