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

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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.

ATTACHMENTS

1400 Gulf Ave_OM

PROPERTY FACTS

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18793-000-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$353,730
  • Listing ID: 38252393

  • Date on Market: 10/29/2025

  • Last Updated:

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

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