141 Cheri Lane Active

Panama City,FL 32404

$ 650000

9 Beds

8 Baths

4280 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,280 sqft

Price per Sqft $151

Subdivision No Named Subdivision

MLS Listing ID 955951

Bedrooms 9

Full Baths 5

Half Baths 3

Year Built 1984

Annual Tax Amount $5,447

Tax Year 2023

Lot Size 0.260 Acres

Property Description

This impressive two-story quadplex in Panama City presents a prime investment opportunity. Fully rented and generating $4,950 monthly, this eight-bedroom, nine-bathroom property spans more than 4,280 square feet of heated and cooled space. With a new roof, newer water heaters and updated interiors and exteriors, this property offers both stability and modern amenities. Comprising three two-bedroom, 1.5-bath units (972 square feet each) and one spacious three-bedroom, two-bath unit (1,364 square feet), this property is designed to attract and retain tenants. Each unit features updated flooring, refreshed kitchens and new paint throughout. The exterior has been similarly revitalized, ensuring excellent curb appeal. Ideal for investors and military personnel, this property is located in

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Multi-Family

Rooms

Kitchen First

Exterior

Pool None

Utilities Available Electric,Public Sewer,Public Water

Building

Lot Description Cleared,Dead End,Interior,Level

Story 2.0

Structure Type Roof Composite Shngl,Siding CmntFbrHrdBrd,Siding Wood

Schools

Elementary Schools Parker

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