27
See all 27 photos
$1,575,000
Est. payment /mo
16 Beds
16 Baths
7,240 SqFt
Price Dropped by $74K
2729 Carol LN Panama City, FL 32405
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 7,240 sqft
Price per Sqft $217
MLS Listing ID 766313
Style Duplex
Bedrooms 16
Full Baths 16
HOA Y/N No
Year Built 2024
Annual Tax Amount $848
Tax Year 2023
Property Sub-Type Duplex
Property Description
Introducing a rare opportunity to expand your portfolio with a brand-new construction featuring four duplexes, totaling eight meticulously designed units. Each 905-sq.-ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long-term and short-term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes, including sleek quartz countertops and soft-close drawers and doors in the kitchen and bathrooms. Brand-new appliances add to the property's appeal, ensuring a low-maintenance investment for years to come. Strategically situated just 1.5 miles from popular destinations like Target, Starbucks, and the vibrant shopping and dining options on Highway 77 and 23rd Street, this property offers unparalleled convenience for tenants. Additionally, its proximity to schools and hospitals further enhances its desirability. Currently, seven of the eight units are rented long-term, providing immediate cash flow, while the flexibility to utilize short-term rentals offers additional income potential. This turnkey investment is ideal for savvy investors looking to secure a high-demand property in a prime location with excellent growth potential. With its exceptional quality, strategic location, and rental versatility, this investment promises long-term stability and value. Seize this opportunity to add a modern, income-generating property to your portfolio.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Electric Cooktop, Electric Oven, Electric Water Heater
Exterior
Community Features Short Term Rental Allowed
Private Pool No
Building
Dwelling Type Duplex
Architectural Style Duplex
New Construction Yes
Others
Tax ID 12629-036-010
Special Listing Condition Listed As-Is
Listed by Scenic Sotheby's International Realty
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