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Seller's Agent in 2023
Kevin Wattenbarger
Five Bridges Real Estate Services Co. LLC
(850) 913-9133
31 Total Sales
Estimated Value: $573,000 - $693,000
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to the opportunity to purchase two duplexes (4 units) located in St. Andrews. These well-maintained and professionally managed duplexes are located in the sought-after St. Andrews area of Panama City, FL have provided consistent and stable cash flow! These two charming duplexes (4 units) present a fantastic investment opportunity with their convenient location, strong rental demand and desirable features.Each unit offers two bedrooms and one bathroom, with a spacious living room, open kitchen, central heat & air, washer and dryer hook up (each unit) that provides comfortable and functional living spaces. The brick facades exude functional appeal and durability, and the fenced backyards ensure privacy and an excellent outdoor space for tenants and pets.Situated on a corner lot, the duplexes offer dedicated off-street parking, adding to the convenience and easy access to residents' front doors. Recent updates include new roofs and privacy fences installed in 2019. The long-term tenants and consistent occupancy history showcase the strong demand for quality apartment homes in this area.Residents will appreciate the prime location, as these duplex buildings are close to several grocery stores, retail areas on W 15th St & 23rd Street, St. Andrews restaurants, hospitals, and area employers, offering easy access to everyday necessities and amenities.Currently, the rents are below market at $800/month, but similar St. Andrews apartment units are achieving $1,100 to $1,200 in the current market, making these duplexes an enticing investment opportunity with the potential for increased rental income.Don't miss this chance to own these income-generating duplex apartment homes in the desirable St. Andrews area of Panama City.
Last Agent to Sell the Property
Five Bridges Real Estate Services Co. LLC Listed on: 07/24/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Kdk Investments Llc | $100 | None Listed On Document | |
Kdk Investments Llc | $100 | None Listed On Document | |
Dyell David | $665,000 | South Oak Title |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Dyell David | $498,750 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/10/2023 10/10/23 | Sold | $450,000 | -9.8% | $133 / Sq Ft |
08/23/2023 08/23/23 | For Sale | $499,000 | -- | $147 / Sq Ft |
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $2,814 | $362,192 | $38,896 | $323,296 |
2023 | $2,814 | $132,123 | $34,094 | $150,559 |
2022 | $2,375 | $120,112 | $0 | $0 |
2021 | $1,969 | $109,193 | $22,295 | $86,898 |
2020 | $1,474 | $75,973 | $21,883 | $54,090 |
2019 | $1,207 | $74,670 | $20,580 | $54,090 |
2018 | $0 | $104,602 | $0 | $0 |
2017 | $0 | $102,338 | $0 | $0 |
2016 | -- | $103,854 | $0 | $0 |
2015 | -- | $109,154 | $0 | $0 |
2014 | -- | $115,140 | $0 | $0 |
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Seller's Agent in 2023
Kevin Wattenbarger
Five Bridges Real Estate Services Co. LLC
(850) 913-9133
31 Total Sales
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Buyer's Agent in 2023
Dien and Andrew Group
Think Real Estate
(850) 600-0605
93 Total Sales
Source: Central Panhandle Association of REALTORS®
MLS Number: 745600
APN: 29547-000-000