Photo of Multi for sale at 1211 Stephen Drive Panama City for $1,100,000

1211 Stephen Drive Panama City

$1,100,000 Estimate Payments

TYPE: Multi

BEDS: 8
BATHS: 8 / 0
SQFT: 4288 (H/C)
ACRES: 0.22
*** 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!!!

This listing is maintained by Red Real Estate Associates, LL.

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