Active

1211 Stephen Drive

Panama City FL, 32405

$1,075,000


$250.70 per sqft

Active

8 Beds

8 Baths

4,288 sqft

Multi-family

Built in 2016

*** ATTENTION INVESTORS *** *** SUPER MODERN QUADPLEX *** * Fully rented currently producing $96K/year with 4 long-term leases, and security deposits! Short-term rentals projections over $144K/year! Very low insurance, taxes, and management cost represents an amazing Cap rate!* Over $200k in upgrades...Completely renovated with top of the line! 8beds/8baths. New kitchen cabinets, Quartz countertops, new tile flooring in all 4 units including stairs, new recessed lighting trough out, freshly painted, new bathrooms, laundry rooms, landscaping, and much more!!!* Excellent central location close to the beach, St. Andrews Bay, downtown, and Tyndall Air Force base! * ONLY Full price offers; no appraisal contingency will be entertained.* Call now, it won't last!!!

755127

MLS ID

April 2, 2024

Listed

May 9, 2024

Updated

Map

1211 Stephen Drive
Panama City FL, 32405

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

8


Full Bathrooms

8


Interior Features

Kitchen Island, New Paint, Remodeled, Recessed Lighting


Appliances

Electric Range, Refrigerator


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.22 Acres


Exterior Features

Deck


Lot Features

Landscaped


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Bay


Elementary School

Northside

Other Property Details

Area Name

02 - Bay County - Central


Taxes

$7,596


Tax Frequency

Annually


Days on Market

27


Garage

No


Parking

Assigned, Parking Lot


View

No


County

Bay


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

4/30/2024

Price Change

$1,075,000

-3%

 

Courtesy of Red Real Estate Associates, LL, Milton Vergara,
Listing Contact: (850) 226-0017 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Salty Marlin Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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