Panama City Beach, FL
Overview
- 4 Bedrooms
- 2 Bathrooms
- 1,416 ft2
- Built in 1971
Description
Are you looking for a great investment opportunity in Panama City Beach? Look no further! This duplex is the perfect choice for savvy investors.
This property is located just three blocks from the beach, giving tenants easy access to all the wonderful amenities Panama City Beach has to offer. With two bedrooms and one bath per side, this duplex offers ample space for tenants to enjoy. Each unit has its own large laundry room with plenty of storage, and each is separately rented.
The building itself was built in 1971 and has 1416 square feet. But don’t let its age fool you – the roof was recently replaced in 2019, and the new septic system was installed in 2017. Unit B also got a new tub, toilet, vanity, kitchen cabinets, and appliances in 2018.
The fenced backyard is spacious and perfect for entertaining. And with good tenants and leases that end February of 2023, this property already generates a gross income of $2600 per month. The monthly lawn care runs about $150, and insurance is approximately $3500 per year.
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. If you’re interested in this great investment opportunity, call your real estate agent to schedule a viewing with 24 hours’ notice. Don’t wait – this duplex won’t last long!
Don’t miss out on the opportunity of a lifetime!
Our experienced team is here to guide you through buying a property from start to finish.
Contact us today to learn more about this listing and start your journey toward owning the home of your dreams!
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Do you have questions about this property?
- Principal and Interest
- Property Tax
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