3
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$570,000
Est. payment /mo
2,799 SqFt
Active
1116 Mercedes AVE Panama City, FL 32401
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,799 sqft
Price per Sqft $203
Subdivision No Named Subdivision
MLS Listing ID 777837
Construction Status Never Occupied
HOA Y/N No
Year Built 2025
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Multi Family
Property Description
New construction townhomes, 2/2 933 sqft each. projected to rent for $1550-1650 per unit. Estimated 7-8 cap rate. Pro Forma PnL available upon request.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Utilities Available Sewer Available
Building
Construction Status Never Occupied
Schools
Elementary Schools Cedar Grove
Middle Schools Mowat
High Schools Bay
Others
Tax ID 16529-000-000
Special Listing Condition Listed As-Is
Listed by Think Real Estate
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