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1623 N James Ave
Panama City, FL 32405
James Avenue Townhomes · Multifamily Property For Sale · 12 Units

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.15 AC
Building Size 12,000 SF
No. Stories 2
Year Built/Renovated 1983/2017
Parking Ratio 1.08/1,000 SF
Zoning R3 - provides a medium high density residential environment for condominiums and apartments

AMENITIES

UNIT AMENITIES

  • Refrigerator
  • Stainless Steel Appliances

ABOUT 1623 N JAMES AVE , PANAMA CITY, FL 32405

Fantastic opportunity to add a turn-key multifamily property to your portfolio. This property has undergone extensive renovations in the 2017 including but not limited to cosmetic updating of the interiors as units are turned, new metal roofs, new siding/paint, new hvac systems and more. Currently there is room to raise rents on all 12 units to market rate thus leaving more value to add for the next buyer.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 12 $775.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14834-040-000
  • 14834-030-000
  • 14834-050-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$948,419
  • Listing ID: 10887540

  • Date on Market: 12/7/2017

  • Last Updated:

  • Address: 1623 N James Ave, Panama City, FL 32405

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