141 Cheri Lane Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32404
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
Construction Status Construction Complete
HOA Y/N No
Year Built 1984
Annual Tax Amount $5,447
Tax Year 2023
Lot Size 0.260 Acres
Acres 0.26
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
Interior
Interior Features Floor Tile,Furnished - None,Newly Painted,Renovated
Exterior
Pool None
Utilities Available Electric,Public Sewer,Public Water
Private Pool No
Building
Lot Description Cleared,Dead End,Interior,Level
Story 2.0
Structure Type Roof Composite Shngl,Siding CmntFbrHrdBrd,Siding Wood
Construction Status Construction Complete
Schools
Elementary Schools Parker
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional,FHA,VA