Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
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$210,000

$249,000

15.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

1 Bath

924 SqFt


SOLD DATE : 11/30/2023

Key Details

Sold Price $210,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 924 sqft

Price per Sqft $227

Subdivision Sudduths 1St Add

MLS Listing ID 748402

Sold Date 11/30/23

Style Traditional

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1925

Annual Tax Amount $1,054

Tax Year 2022

Lot Size 0.320 Acres

Acres 0.32

Property Description

Currently under contract, seller considering back up offers. This is truly a rare find! ZONED COMMERCIAL and a completely remodeled 1925 home that sits on .32 acres in Downtown Panama City/Cove area! This oversized corner lot with 111' frontage on Business Hwy 98 has so much potential. Previously used as a residential rental, this property is zoned commercial and can be used for a business or office or continue as a residential property. This would be ideal for a business that needs office space but also needs secured storage for work vehicles, equipment, etc. on site! The privacy fence offers a gate on Hamilton Avenue with access. The privacy fence on the property is not indicative of the property lines so there's much more potential for enclosed fence space. Just blocks from Harrison Avenue and Ascension Sacred Heart, this property is in a Prime Location!The home is a beautiful 2 bedroom, 1 bath offering a modern boho vibe with new plumbing, electrical, HVAC, windows, exterior doors, roof, insulation, sheetrock and a 100+ year old clawfoot tub that was restored. The concept for the remodel was carefully thought through and planned out to keep the original character intact but with new modern finishes and fixtures. This would also make for a great rental property to add to anyone's current investment portfolio with its close proximity to all that historical downtown Panama City has to offer. Traveling nurses, visitors downtown, etc. The AIRBNB potential is endless! Or long term rent for stability in your investment. Don't miss this opportunity to purchase a COMMERCIAL property in Downtown Panama City where business is booming!

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Interior Features Breakfast Bar

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer

Exterior

Garage Additional Parking, Gated

Fence Fenced, Partial

Community Features Short Term Rental Allowed

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront No

Roof Type Shingle

Parking Type Additional Parking, Gated

Building

Story 1

Architectural Style Traditional

Schools

Elementary Schools Cherry Street

Middle Schools Jinks

High Schools Bay

Others

Tax ID 20445-000-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing VA

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Listed by Corcoran Reverie
Bought with Corcoran Reverie
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