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$399,000

Est. payment - /mo

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0.28 Acres Lot

Active Under Contract

428 Mckenzie AVE Panama City, FL 32401

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Randall Fisher

realtor@coastalsunrealty.com +1(850) 249-2050

UPDATED:

10/21/2024 06:36 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision [No Recorded Subdiv]

MLS Listing ID 763995

HOA Y/N No

Year Built 1939

Lot Size 0.280 Acres

Acres 0.28

Property Description

Here's an opportunity to own a multi family property downtown on Massalina Bayou. AS IS. The property includes an 11 unit apartment building with 9 1 Bedroom/1 Bath units, a studio and a 2 bedroom unit. There was storm damage from Hurricane Michael on the west facing wall in which the 2 west units are down to the studs. Property also includes a 2/1 Single family residence on property which is just under 1200 sq feet. Roof was replaced in 2019. Price reflects the need for renovation and rehabilitation on the buildings. Currently 3 of the units are rented. Zoned Downtown District.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Fireplace No

Exterior

Waterfront Yes

Waterfront Description Bayou,Gulf Access

Water Access Desc Bayou,Gulf Access

View Bayou

Roof Type Metal

Building

Story 2

Entry Level Two

Level or Stories Two

Schools

Elementary Schools Cherry Street

Middle Schools Jinks

High Schools Bay

Others

Tax ID 19864-000-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Listed As-Is

Listed by Counts Real Estate Group Inc

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Randall Fisher

Broker | BDBK644509

+1(850) 249-2050

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Randall Fisher

428 Mckenzie AVE Panama City, FL 32401

Randall Fisher

Key Details

Location

Interior

Exterior

Building

Schools

Others

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428 Mckenzie AVE

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