Panama City, FL 32405,3704 W 23rd ST

$1,300,000

$1,450,000

10.3%
Est.Price: ?

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Est. payment /mo

1.3 Acres Lot


SOLD DATE : 11/01/2021

Key Details

Sold Price $1,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Bayview Heights

MLS Listing ID 711803

Sold Date 11/01/21

HOA Y/N No

Year Built 2019

Lot Size 1.300 Acres

Acres 1.3

Property Description

GREAT INVESTMENT PROPERTY LOCATED ON WEST 23RD STREET. BUILDING WAS COMPLETELY REBUILT TO LIKE NEW CONDITION AFTER HURRICANE MICHAEL. IT CONSISTS OF 4 UNITS. UNIT 1 IS 1200 SF, UNIT B & C ARE 1800 SF EACH, AND UNIT D IS 2520 SF. ALL ARE LEASED AT $16 PER SF WITH THE EXCEPTION OF UNIT D. IT IS CURRENTLY ACTIVE TO LEASE. THE PARKING LOT WAS ALSO RESURFACED DURING THE REBUILD. PARKING IS AVAILABLE IN FRONT, EAST END, AND AT THE REAR OF THE BUILDING. INCUDED IN THE SALE IS THE VACANT LOT TO THE REAR OF THE BUILDING. IT FRONTS 23RD COURT. ANOTHER BUILDING COULD BE CONSTRUCTED ON THE VACANT LOT. LAND IS 1.3 ACRES. SELLER FINANCING IS OFFERED AT 20% DOWN, 6% INTEREST WITH PAYMENTS BASED ON A 30 YEAR TERM WITH A 10 YEAR BALLOON.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Heating Central, Electric, High Efficiency

Cooling Central Air, Electric, High Efficiency

Fireplace No

Appliance Electric Water Heater

Exterior

Waterfront No

Roof Type Metal

Accessibility Accessible Doors, Accessible Entrance

Building

Entry Level One

Foundation Slab

Level or Stories One

Schools

Elementary Schools Lucille Moore

Middle Schools Jinks

High Schools Bay

Others

Tax ID 27021-000-000

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Financing Seller Financing

Special Listing Condition Listed As-Is

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Listed by Varnes Realty
Bought with Centergate Realty LLC
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