1211 Stephen Drive, Panama City, FL 32405

$1,100,000
8
BD
8
BA
4,288
SqFt
List Price
$1,100,000
MLS#
755127
Bedrooms
8
Bathrooms
8
Full-baths
8
Sq. Ft
4,288
Acres
0.22
Lot Size
9,540
$/SF
$256
Subdivision
[No Recorded Subdiv]
Year Built
2016

Property Description

*** 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!!!

Additional Information

Interior Features
Kitchen Island, New Paint, Remodeled, Recessed Lighting
Exterior Features
Deck
Lot Dimensions
100 x 95.40
Appliances
Electric Range, Refrigerator
Elementary School
Northside
Middle School
Jinks
High School
Bay

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Red Real Estate Associates, LL.