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116 N Highway 22 A, Panama City, FL 32404
$870,000
116 N Highway 22 A, Panama City, FL 32404View this property at 116 N Highway 22 A, Panama City, FL 32404
116 N Highway 22 APanama CityFL32404
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Property Description
Excellent income producing multifamily property in the growing Panama City, FL market. Located near Tyndall Air Force Base the property consists of 12 units. All units are 1/1s with average rents of $800-950/month. Each unit is separately metered for water and electric. Landlord responsibilities are limited to lawncare and trash. Most buildings are concrete block helping with insurance premium cost(s).
Full Property Details
Full Property Details for 116 N Hwy 22 A
General
- Sold For: $870,000
- Status: Closed
- Type: Commercial Multi-Family
- MLS ID: 753443
- Added to Site: 71 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Traveling east on Cherry Street, turn left on Highway 22A, property is on the right.
School Information
- Elementary School: Parker
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Stories/Levels: 1
- Year Built: 1969
Lot Features
- Lot Size (Acres): 1.15
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 12 4S 14W -213A- 118D4 ST AND BAY DEV CO PLAT COM AT SW COR OF SE 1/4 OF SEC TH N 133.62' E 39.39' FOR POB TH E 210.13' N 195.82' W 210.05' S 195.82' TO POB ORB 4389 P 1487
- Property ID: 24546-010-000
Listed by CENTURY 21 Commander Realty
Sold by Hitchcock Real Estate LLC
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Schools
Schools serving 116 N Hwy 22 A
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
640 S Highway 22 A, Panama City, FL 32404 | PK-5 | 0.9 mi | |
Everitt Middle School
608 School Ave, Panama City, FL 32401 | 6-8 | 1.1 mi | |
1000 School Ave, Panama City, FL 32401 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 N Hwy 22 A
Date
Details
Price
Change
Source
4/11/2024
Sold
$870,000
-12.56%
MLS
2/28/2024
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
116 N Highway 22 A, Panama City, FL 32404 (MLS# 753443) is a Commercial Multi-Family property that was sold at $870,000 on April 11, 2024. Want to learn more about 116 N Highway 22 A? Do you have questions about finding other Commercial Multi-Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.