2729 Carol LN Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32405
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 7,240 sqft
Price per Sqft $227
Subdivision Highland City
MLS Listing ID 766313
Style Duplex
Bedrooms 16
Full Baths 16
HOA Y/N No
Year Built 2024
Annual Tax Amount $848
Tax Year 2023
Property Description
Introducing a rare opportunity to expand your portfolio with a brand-new construction featuring four duplexes, totaling eight meticulously designed units. Each 905-sq.-ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long-term and short-term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes, including sleek quartz countertops and soft-close drawers and doors in the kitchen and bathrooms. Brand-new appliances add to the property's appeal, ensuring a low-maintenance investment for years to come. Strategically situated just 1.5 miles from popular destinations like Target, Starbucks, and the vibrant shopping and dining options on Highway 77 and 23rd Street, this property offers unparalleled convenience for tenants. Additionally, its proximity to schools and hospitals further enhances its desirability. Currently, seven of the eight units are rented long-term, providing immediate cash flow, while the flexibility to utilize short-term rentals offers additional income potential. This turnkey investment is ideal for savvy investors looking to secure a high-demand property in a prime location with excellent growth potential. With its exceptional quality, strategic location, and rental versatility, this investment promises long-term stability and value. Seize this opportunity to add a modern, income-generating property to your portfolio.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Heating Central
Cooling Central Air
Furnishings Unfurnished
Fireplace No
Appliance Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Disposal,Microwave,Refrigerator
Exterior
Community Features Short Term Rental Allowed
Utilities Available Cable Available,Electricity Connected
Roof Type Shingle
Building
Dwelling Type Duplex
Architectural Style Duplex
Schools
Elementary Schools Hiland Park
Middle Schools Mowat
High Schools Bay
Others
Tax ID 12629-036-010
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is