225 Cherry Street
Panama City, FL 32401 ·
12 Units · Multifamily For Sale
|Price||N/A||Property Use Type||Investment|
|No. Units||12||Cap Rate||6.50%|
|Building Size||11,150 SF||Occupancy||100%|
|Property Type||Multifamily||No. Stories||2|
|Property Sub-type||Garden/Low-Rise||Year Built||1984|
|Listing ID: 13992073||Date Created: 08/17/2004||Last Updated: 11/01/2004|
Excellent Condo conversion Potential! Located in prestigious "The Cove" area of waterfront Downtown Panama City. Complex include 12 apartments. 10 One bedrooms, 2 two bedrooms. Located directly across the street from open water, blocks away froma large marina, walking distance to beautiful downtown. Always 100% rented. Currently rented at below market rates.
at the corner of Wilson Ave and Cherry Street
- Condo Conversion Potential
- Low Maintance
- Waterfront Downtown Location
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