Panama City, FL 32401,1116 Mercedes AVE
Panama City, FL 32401,1116 Mercedes AVE
Panama City, FL 32401,1116 Mercedes AVE
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$ 570,000
Est. payment | /mo

2,799 SqFt


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$ 570,000
Est. payment | /mo
Save

2,799 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,799 sqft

Price per Sqft $203

Subdivision No Named Subdivision

MLS Listing ID 777837

Construction Status Never Occupied

HOA Y/N No

Year Built 2025

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Multi Family

Property Description

New construction townhomes, 2/2 933 sqft each. projected to rent for $1550-1650 per unit. Estimated 7-8 cap rate. Pro Forma PnL available upon request.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Fireplace No

Exterior

Utilities Available Sewer Available

Private Pool No

Building

Construction Status Never Occupied

Schools

Elementary Schools Cedar Grove

Middle Schools Mowat

High Schools Bay

Others

Tax ID 16529-000-000

Special Listing Condition Listed As-Is

Listed by Think Real Estate
Andrew Turner

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 339-1715

andrewturnerrealtor@gmail.com

755b Grand Blvd 105286, Miramar Beach, Florida, 32550, USA

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1116 Mercedes AVE