Homes for sale - 4525 Carla LN, Panama City, FL 32405

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SimpliHŌM - Making Real Estate Simple

support@simplihom.com +1(855) 856-9466

$ 425,000

Est. payment | -/mo

12 Beds

7 Baths

4,656 SqFt

Save

$ 425,000

Est. payment | -/mo

Save

12 Beds

7 Baths

4,656 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,656 sqft

Price per Sqft $91

Subdivision [No Recorded Subdiv]

MLS Listing ID 766315

Bedrooms 12

Full Baths 7

HOA Y/N No

Year Built 1985

Annual Tax Amount $4,170

Tax Year 2024

Lot Size 5.000 Acres

Acres 5.0

Property Description

This property is a MULTI-FAMILY INVESTOR and DEVELOPERS DREAM! This 5-acre parcel currently brings in $4,000/month in income and has incredible potential for future development. Positioned in Lynn Haven, recently named one of the TOP 10 places to live in Florida, you'll find 5 acres zoned Medium Density that currently holds MULTI-FAMILY investment properties where all structures are occupied by tenants. Bringing in $4,000/month in income, this is a PRIME opportunity to cash flow from day 1 and hold the property for future development. 4525 Carla Lane offers 5 acres, zoned Medium Density Residential and density is 4-10 units per acre. Zoned for single family homes, duplexes, multi-family or group home - the possibilities are endless with this future development opportunity. This property includes 5 structures and are all occupied by tenants at this time. There is also a 30'x60' garage with 4 bays and roll-up garage doors. This garage is currently being used for storage by Owner but leaves opportunity to bring in additional income, if rented.This property is located less than 1/2 mile from Trane Technologies and the Lynn Haven Sports Complex, within a few miles of Publix, Dollar General and dining and within 2 miles of North Bay Haven Charter Academy.All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 02 - Bay County - Central

Interior

Furnishings Unfurnished

Fireplace No

Exterior

Parking Features Additional Parking

Community Features Short Term Rental Allowed

Utilities Available Electricity Connected, Septic Available, Water Available

Waterfront Description Waterfront

Water Access Desc Waterfront

Building

Lot Description Pond on Lot, Waterfront

Story 1

Sewer Septic Tank

Water Well

Additional Building Workshop

Schools

Elementary Schools Deer Point

Middle Schools Mowat

High Schools Mosley

Others

Tax ID 11522-000-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Listed As-Is

Listed by Corcoran Reverie

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(855) 856-9466

support@simplihom.com

4525 Carla LN Panama City, FL 32405