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1400 Gulf Ave 10 Unit Apartment Building $995,000 ($99,500/Unit) Panama City, FL 32401



EXECUTIVE SUMMARY
These 10 units are all 1 bedrooms and are fully remodeled top to bottom. Rents average $927/month. There is one vacancy on purpose so that showings don't bother tenants.
PROPERTY FACTS
| Price | $995,000 | Building Class | C |
| Price Per Unit | $99,500 | Lot Size | 0.39 AC |
| Sale Type | Investment | Building Size | 3,944 SF |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1977 |
| Property Subtype | Apartment | Parking Ratio | 3.04/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | GC 1 - accommodate low-impact, small-scale, neighborhood retail and service uses in smaller storefront buildings | ||
| Price | $995,000 |
| Price Per Unit | $99,500 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 3,944 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 |
|---|---|---|---|
| 1+1 | 10 | $932.50 | 400 |
1 1
PROPERTY TAXES
| Parcel Number | 18793-000-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $353,730 |
PROPERTY TAXES
Parcel Number
18793-000-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$353,730
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1400 Gulf Ave
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