Panama City Beach, FL 32408,5012 Gulf DR
Panama City Beach, FL 32408,5012 Gulf DR
Panama City Beach, FL 32408,5012 Gulf DR
Panama City Beach, FL 32408,5012 Gulf DR
Panama City Beach, FL 32408,5012 Gulf DR
Panama City Beach, FL 32408,5012 Gulf DR
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$1,350,713

$1,395,000

3.2%
Est.Price: ?

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Est. payment /mo

8 Beds

8 Baths

3,500 SqFt


SOLD DATE : 08/11/2023

Key Details

Sold Price $1,350,713

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $385

Subdivision No Named Subdivision

MLS Listing ID 743536

Sold Date 08/11/23

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1973

Annual Tax Amount $2,800

Tax Year 2022

Property Description

***Multiple offers. Highest and best due by 5pm July 6*** Short term quadplex located across the street from the beach and public access. This multifamily complex has a pool and NO HOA. Each of the four units features 2 bedrooms and 2 full baths. Turn key rental machine. Construction is all brick with 2 layers of elastomeric stucco and elastomeric paint. Roof is 2019 and metal composite shingle. All water heaters replaced in 2021. Windows and doors were replaced under current ownership. Floors have all been updated to LVP with thicker rubber backing. Parking lot features 10 spots, 2 per unit, and two extra for vendors or overflow. Property is very low maintenance having no grass or need for lawn service. Financials available upon request. This is the opportunity to own your own condo complex and avoid rising HOA fees and assessments.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Furnishings Furnished

Fireplace No

Exterior

Pool In Ground

Community Features Short Term Rental Allowed

View Y/N Yes

View Gulf

Building

Story 2

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 32256-040-000

Financing Cash

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Listed by Counts Real Estate Group Inc
Bought with Keller Williams Success Realty
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