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143 N Claire Avenue, Panama City, FL 32401
$399,000
143 N Claire Avenue, Panama City, FL 32401View this property at 143 N Claire Avenue, Panama City, FL 32401
143 N Claire AvenuePanama CityFL32401
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Property Description
: Investment Opportunity: 6-Unit Income Property in Panama City, FL Welcome to 143 Claire Avenue, a prime investment opportunity in Panama City, Florida. This well-maintained property features six units, each offering a fantastic source of long-term rental income. Key Features: Steady Income Stream: With an impressive annual revenue exceeding $60,000, this property is a reliable and lucrative source of long-term rental income. Updated Interiors: Recently renovated units showcase modern upgrades and thoughtful design, providing tenants with comfortable and contemporary living spaces. The updates enhance the overall appeal of the property, making it an attractive option for potential renters. Prime Location: Conveniently located in Panama City, residents enjoy easy access to local amenities, schools, parks, and employment centers. The property's strategic location adds to its desirability and ensures a steady demand for rental units. Low Vacancy Rates: The property's strong rental history and the demand for housing in the area contribute to consistently low vacancy rates, providing investors with peace of mind and a stable return on investment. Well-Maintained Exterior: The exterior of the property is meticulously maintained, creating a welcoming and attractive curb appeal. A well-kept property not only appeals to potential tenants but also adds to the overall value of the investment. Measurements are approximate buyer must verify if important.
Full Property Details
Full Property Details for 143 N Claire Ave
General
- Price: $399,000
- Status: Active
- Type: Commercial
- MLS ID: 750407
- Updated: 4/23/2024
- Added to Site: 153 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Left off old 98 onto Cherry Street left onto Claire Avenue.
School Information
- Elementary School: Cherry Street
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Roof: Shingle
- Stories/Levels: 1
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: 50 x 1445
- Zoning: Resid Multi-Family
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Listed As-Is
- Legal Description: GROVE HILL PLAT -118C4- LOT 19 ORB 4623 P 618
- Property ID: 23923-000-000
Listed by EXP Realty LLC
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Schools
Schools serving 143 N Claire Ave
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1125 Cherry St, Panama City, FL 32401 | PK-5 | 0.3 mi | |
600 W 11th St, Panama City, FL 32401 | 6-8 | 2.2 mi | |
1200 Harrison Ave, Panama City, FL 32401 | 9-12 | 1.9 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 143 N Claire Ave
Date
Details
Price
Change
Source
4/23/2024
Price Reduced
$399,000
-3.86%
MLS
2/17/2024
Price Reduced
$415,000
-7.78%
MLS
12/15/2023
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 143 N Claire Ave
143 N Claire Avenue, Panama City, FL 32401 (MLS# 750407) is a Commercial property. 143 N Claire Avenue is currently listed for $399,000 and was received on December 15, 2023. Want to learn more about 143 N Claire Avenue? Do you have questions about finding other Commercial 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.