3746 E 9th St Unit 3746,3748,3750 Panama City, FL 32401
Estimated payment $2,704/month
Highlights
- No HOA
- Storm Windows
- Family Room
- Covered Patio or Porch
- Central Heating and Cooling System
- High Speed Internet
About This Home
Investor Alert! Prime Multi-Family Opportunity in the Heart of Springfield, FL *Brand New AC units are being installed in all 3 units this week! Seller is also giving a $15,000 buyer concession! This fully occupied triplex on 9th Street is a rare gem for any savvy investor. Strategically located in the very center of Springfield, this income-producing property sits just steps away from what will soon become the city's new civic hub. Directly across the street from the site of the under-construction City Hall, Fire Department, Police Station, and Public Works Facility, this property is poised for long-term appreciation and sustained rental demand. Each of the three spacious units offers 2 bedrooms and 1.5 bathrooms—an ideal layout for working professionals and small families. Two of the units underwent full renovations in 2020, offering updated finishes, modern conveniences, and move-in-ready interiors. A new roof was installed in 2020, adding peace of mind and reducing maintenance concerns for years to come. This property has a proven track record of consistent full occupancy, thanks to its desirable location and the area's strong workforce housing demand. With over 1,000 employees expected to occupy the new government complex by 2027 (with partial occupancy by 2026), the rental potential is only expected to grow. Whether you're a seasoned investor expanding your portfolio or a new buyer seeking a high-demand rental location, this is an opportunity that should not be overlooked. The seller is motivated and ready to consider all serious offers—don't miss out! Schedule your showing today and secure this high-potential property before it's gone!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,176
Year Built
- Built in 1983
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 64 x 80
- Fenced
- Land Lease
Parking
- Paved Parking
Home Design
- Triplex
Interior Spaces
- 2-Story Property
- Family Room
- Storm Windows
- Electric Cooktop
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Parker Elementary School
- Rutherford Middle School
- Rutherford High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2025 10/01/25 | Pending | -- | -- | -- |
| 09/16/2025 09/16/25 | Price Changed | $465,000 | -9.3% | $497 / Sq Ft |
| 07/07/2025 07/07/25 | For Sale | $512,900 | -- | $548 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
MLS Number: 775923
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