This Multifamily Property is no longer advertised on LoopNet.com.

1400 Gulf Ave
Panama City, FL 32401
Multifamily Property For Sale · 10 Units

Investment Highlights

  • Around 25% rental upside
  • The property is located off 15th Street in Panama City
  • Top three largest vacation destinations in the country.
  • Strong occupancy and collections
  • Downtown Panama City is less than two miles from the site, offering major shopping centers, dining, and other tourist attractions.
  • Locational benefits along with offering floorplans make this a highly attractive rental option for those working at one of the many close by major eco

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.39 AC
Building Size 4,600 SF
No. Stories 1
Year Built 1977
Parking Ratio 3.04/1,000 SF
Zoning GC 1 - accommodate low-impact, small-scale, neighborhood retail and service uses in smaller storefront buildings

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 - -

Property Taxes

Property Taxes

Parcel Number
18793-000-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$389,103
  • Listing ID: 34083507

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 1400 Gulf Ave, Panama City, FL 32401

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