8613 Terrell (16 Rentals 2+Acres) St #16 rentals

Panama City Beach, FL 32408 View Map $990,000 Schedule a Tour
Beds32
Baths16
Sq.Ft.14,000
Year1999
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Status: Active
Property Type:Multi Family
MLS #:713315
Sq. Feet:14,000
On Site:162 Days
Lot Size:2.07 Acres
County:Bay
8613, 8609, 8529, 8527, 8523, 8517 Terrell St. Less than 1 mile to beach. Easy commute to Panama City and Navy Base. Location, location, location! 16 rentals for $1,100,000 with approx. $175,000 yearly rental income. Low overhead. All units are on septic system and public water is inexpensive (approx. $20 per month per unit). Dumpster is $500 monthly for all units. Public sewer line ran to the property line. Low taxes and insurance. Very minimal vacancy rate. ADDITIONAL LOTS AVAILABLE!!! THERE ARE 7 MORE LOTS WITH 10 RENTALS ADJOINING ON TERRELL ST (APPROX. 2.5 ACRES) FOR $1,100,000 AND ANOTHER 6 LOTS ON GULF PINES DR. ADJOINING (APPROX. 2+ ACRES) VACANT LAND WITH SEWER, WATER AND ELECTRIC ON PROPERTY FOR $1,100,000. TOTAL OF OVER 6 ACRES. $3,300,000 FOR EVERYTHING.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Price Change History

Date Old Price New Price Percent Change
7/21/2021$1,100,000$1,050,000-4.5%
9/7/2021$1,050,000$999,999-4.8%
9/16/2021$999,999$950,000-5%
11/23/2021$950,000$990,0004.2%

Community Information

Address:8613 Terrell (16 Rentals 2+Acres) St #16 rentals Panama City Beach, FL 32408
County:Bay
Subdivision:Gulf Pines
Zip Code:32408
Neighborhood:Beach - East

School Information

High School:Arnold
Middle School:Breakfast Point
Elementary School:Breakfast Point

Architecture

Unit Number:#16 rentals
Bedrooms: 32
Bathrooms: 16
Year Built:1999
Style:N/A
Construction: Siding - Alum Metal
Facilities: Dumpster, Picnic Area
Parking: Open

Features / Amenities

Appliances: Range - Electric
Interior Features: Ceiling Beamed
Exterior Features: Deck Open
Project Facilities: Dumpster, Picnic Area
Energy Features: Water Heater - Electric

Property Features

Lot Size: 2.07 Acres
Lot Dimensions:Each Lot is 79 x 191 with 6 lots included
Lot Description: Addl Land Available
Utilities: Electric On Site, Public Water, Septic Tank, Sewer Available
Lot Access: Paved Road
Directions:Off Laurie Ave Between Hwy 98 and North Lagoon DrLess than 1 mile to the beach

Tax and Financial Info

Sale Type: As Is

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8613 Terrell (16 Rentals 2+Acres) St #16 rentals Panama City Beach, FL 32408
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8613 Terrell (16 Rentals 2+Acres) St #16 rentals Panama City Beach, FL 32408
 
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Listing Information Last Updated 12/2/2021
Listing provided courtesy of CC Fox Realty.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Miller & Associates Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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