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
Private Pool No
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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