Bob Thomas
Counts Real Estate Group Inc
(817) 330-6823
21 Total Sales
1 in Cedar Grove
$950,000 Price
2228 E 17th St Panama City, FL 32405
Cedar Grove AreaEstimated Value: $446,839 - $1,213,000
15
Beds
13
Baths
7,120
Sq Ft
$118/Sq Ft
Est. Value
Highlights
- 0.96 Acre Lot
- Central Air
- 1-Story Property
- Living Room
About This Home
As of December 2024Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases.
Last Agent to Sell the Property
Scenic Sotheby's International Realty License #3570743 Listed on: 05/10/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2020
Lot Details
- 41,818 Sq Ft Lot
Home Design
- Duplex
Interior Spaces
- 7,120 Sq Ft Home
- 1-Story Property
- Living Room
Bedrooms and Bathrooms
- 15 Bedrooms
- 13 Full Bathrooms
Schools
- Cedar Grove Elementary School
- Mowat Middle School
- Bay High School
Utilities
- Central Air
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 14740-040-000, 020-010, 020-000, 022-000, 021-000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Dec 20, 2024
Sold by
Phan Enterprises Llc
Bought by
Seller's Agent
Taylor Moorman
Scenic Sotheby's International Realty
List Price
$1,600,000
Sold Price
$1,380,600
Premium/Discount to List
-$219,400
-13.71%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$543,987
Avg. Annual Appreciation
-26.05%
Original Mortgage
$341,920
Outstanding Balance
$336,391
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$500,222
Purchase Details
Listed on
Jun 4, 2022
Closed on
Oct 11, 2022
Sold by
Cooper Regina
Bought by
Phan Enterprises Llc
Seller's Agent
Sean Casilli
Coldwell Banker Realty
Buyer's Agent
MATT GARDNER
EXP Realty LLC
List Price
$1,350,000
Sold Price
$1,270,000
Premium/Discount to List
-$80,000
-5.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$952,500
Interest Rate
5.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2020
Sold by
Ameris Bank
Bought by
Cooper Regina
Purchase Details
Closed on
Sep 20, 2019
Sold by
Hpip Llc
Bought by
Ameris Bank
Purchase Details
Closed on
May 15, 2006
Sold by
Smith David F
Bought by
Hpip Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,200
Interest Rate
6.33%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 22, 2002
Sold by
Walters Leonard E and Walters Virginia C
Bought by
Walters Leonard E and Walters Virginia C
Purchase Details
Closed on
Sep 12, 2002
Sold by
Robinson Steven R and Robinson Fay L
Bought by
Robinson Steven R and Robinson Fay L
Purchase Details
Closed on
Sep 29, 2000
Sold by
Berry Wallace C and Berry Wanda
Bought by
Walters Leonard E and Walters Virginia C
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Panama City, FL
-
Bob Thomas
-
Dennis Nelson
Dennis Nelson
Keller Williams Success Realty
(850) 788-3219
126 Total Sales
1 in Cedar Grove
$325,000 Price
-
Beverly Buck
Beverly Buck
Responds QuicklyColdwell Banker Realty
(850) 660-9581
301 Total Sales
1 in Cedar Grove
$195,000 Price
-
Kerri Tomasicyk
Kerri Tomasicyk
Watersound Real Estate
(414) 404-7830
51 Total Sales
1 in Cedar Grove
$308,000 Price
-
Tiffany Davies
Tiffany Davies
Coldwell Banker Residential Real Estate, LLC
(850) 771-7619
15 Total Sales
1 in Cedar Grove
$270,000 Price
-
Susan Morrison
Susan Morrison
Anchor Realty Florida
(850) 818-3257
125 Total Sales
1 in Cedar Grove
$155,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $427,400 | Clear Title | ||
| Phan Enterprises Llc | $1,270,000 | -- | |
| Cooper Regina | $80,000 | Attorney | |
| Ameris Bank | $102,185 | Attorney | |
| Hpip Llc | $669,000 | Attorney | |
| Walters Leonard E | -- | -- | |
| Robinson Steven R | -- | -- | |
| Walters Leonard E | $350,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $341,920 | ||
| Previous Owner | Phan Enterprises Llc | $952,500 | |
| Previous Owner | Hpip Llc | $535,200 | |
| Previous Owner | Smith David F | $156,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $1,380,600 | -8.0% | $194 / Sq Ft | |
| 11/07/2024 11/07/24 | Pending | -- | -- | -- | |
| 07/16/2024 07/16/24 | Price Changed | $1,500,000 | -6.3% | $211 / Sq Ft | |
| 05/10/2024 05/10/24 | For Sale | $1,600,000 | +26.0% | $225 / Sq Ft | |
| 01/18/2023 01/18/23 | Off Market | $1,270,000 | -- | -- | |
| 10/19/2022 10/19/22 | Sold | $1,270,000 | -5.9% | $178 / Sq Ft | View Prior Sale |
| 01/13/2022 01/13/22 | For Sale | $1,350,000 | 0.0% | $190 / Sq Ft | |
| 01/13/2022 01/13/22 | Price Changed | $1,350,000 | +6.3% | $190 / Sq Ft | |
| 12/20/2021 12/20/21 | Off Market | $1,270,000 | -- | -- | |
| 07/23/2021 07/23/21 | Price Changed | $1,595,000 | -5.9% | $224 / Sq Ft | |
| 06/12/2021 06/12/21 | Price Changed | $1,695,000 | -15.0% | $238 / Sq Ft | |
| 03/24/2021 03/24/21 | For Sale | $1,995,000 | -- | $280 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,453 | $752,969 | $330,407 | $422,562 |
| 2025 | $8,314 | $738,206 | $323,929 | $414,277 |
| 2024 | $8,314 | $723,732 | $317,578 | $406,154 |
| 2023 | $8,460 | $709,542 | $311,351 | $398,191 |
| 2022 | $8,401 | $695,631 | $305,247 | $390,384 |
| 2021 | $8,643 | $681,992 | $299,262 | $382,730 |
| 2020 | $8,231 | $675,000 | $296,194 | $378,806 |
| 2019 | $8,092 | $670,000 | $294,000 | $376,000 |
| 2018 | $7,235 | $600,000 | $264,000 | $336,000 |
| 2017 | $6,602 | $545,000 | $240,000 | $305,000 |
| 2016 | $6,465 | $545,000 | $240,000 | $305,000 |
| 2015 | $6,523 | $545,000 | $240,000 | $305,000 |
| 2014 | $6,433 | $540,000 | $238,000 | $302,000 |
Source: Public Records
Agents Affiliated with this Home
-
Taylor Moorman
Seller's Agent in 2024
Taylor Moorman
Scenic Sotheby's International Realty
(414) 852-4209
37 Total Sales
-
Sean Casilli
Seller's Agent in 2022
Sean Casilli
Coldwell Banker Realty
(850) 909-7737
96 Total Sales
-
Alice De La Penha
Seller Co-Listing Agent in 2022
Alice De La Penha
Coldwell Banker Realty
(850) 258-2570
289 Total Sales
-
MATT GARDNER
Buyer's Agent in 2022
MATT GARDNER
EXP Realty LLC
(724) 513-6012
253 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 949535
APN: 14740-040-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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