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215 Maine AVE Panama City, FL 32401
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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Holmes Add- Millville
MLS Listing ID 766432
Sold Date 02/13/25
HOA Y/N No
Year Built 1980
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Multi Family
Property Description
Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income-producing property includes two triplexes, offering a total of six units. The units consist of four 2-bedroom residences and two 1-bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well-maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities.Millville's rich history as a hub for lumber and shipbuilding in the late 1800s adds a charming backdrop to this investment. Rent rolls are available upon request.Schedule a showing today with your preferred real estate professional to explore this unique opportunity in a historic and charming location!
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Roof Type Shingle
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Tax ID 22862-000-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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Bought with NON-MEMBER OFFICE