2729 Carol LN Pending

Panama City,FL 32405

$ 1649000

16 Beds

16 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision Highland City

MLS Listing ID 766313

Style Duplex

Bedrooms 16

Full Baths 16

HOA Y/N No

Year Built 2024

Annual Tax Amount $848

Tax Year 2023

Property Sub-Type Duplex

Property Description

Introducing a rare opportunity to expand your portfolio with a brand-new construction featuring four duplexes, totaling eight meticulously designed units. Each 905-sq.-ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long-term and short-term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes, including sleek quartz countertops and soft-close drawers and doors in the kitchen and bathrooms. Brand-new appliances add to the property's appeal, ensuring a low-maintenance investment for years to come. Strategically situated just 1.5 miles from popular destinations like Target, Starbucks, and the vibrant shopping and dining options on Highway 77 and 23rd Street, this property offers unparalleled convenience for tenants. Additionally, its proximity to schools and hospitals further enhances its desirability. Currently, seven of the eight units are rented long-term, providing immediate cash flow, while the flexibility to utilize short-term rentals offers additional income potential. This turnkey investment is ideal for savvy investors looking to secure a high-demand property in a prime location with excellent growth potential. With its exceptional quality, strategic location, and rental versatility, this investment promises long-term stability and value. Seize this opportunity to add a modern, income-generating property to your portfolio.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher,Disposal,Microwave,Refrigerator

Building

Dwelling Type Duplex

Architectural Style Duplex

New Construction Yes

Schools

Elementary Schools Hiland Park

Middle Schools Mowat

High Schools Bay

Others

Tax ID 12629-036-010

Acceptable Financing Cash

Listing Terms Cash

Financing Conventional

Special Listing Condition Listed As-Is

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