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2815 E 16th Street, Panama City, FL 32405
$55,000
2815 E 16th Street, Panama City, FL 32405View this property at 2815 E 16th Street, Panama City, FL 32405
2815 E 16th StreetPanama CityFL32405
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Property Description
Discover a remarkable investment opportunity in the heart of Panama City, FL. This generously sized lot, measuring an impressive 60x198 feet, is located at 2811 E 16th Street, offering a world of potential for savvy investors.Situated in a prime location, this property provides easy access to amenities and attractions, making it an ideal choice for both seasoned real estate investors and those new to the market.One of the standout features of this lot is its zoning--R2. This zoning allows for the construction of duplexes, unlocking a myriad of investment possibilities. Whether your vision involves building a duplex for rental income, as a personal residence, or for future resale, this zoning provides you with the flexibility to make it a reality.With an expansive 60x198-foot lot, you have the space to create a truly exceptional property, limited only by your imagination.Also adjacent lots at 2815 E 16th Street, 2817 E 16th Street, and 2821 E 16th Street, all of the same size and zoning, are also available for sale. This presents a unique opportunity for those looking to expand their real estate portfolio or invest in multiple properties within the same area.Seize this exceptional investment opportunity today. Secure this prime piece of real estate in Panama City, FL, and explore the potential of acquiring the neighboring lots to maximize your investment. Contact us for more information or to schedule a viewing.
Full Property Details
Full Property Details for 2815 E 16th St
General
- Sold For: $55,000
- Taxes: $248 (2023)
- Status: Closed
- Type: Land Residential
- MLS ID: 748324
- Added to Site: 215 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Right off of 231 onto East Avenue left on E.17th street right on James Avenue and left on e.16th down on your left.
School Information
- Elementary School: Cedar Grove
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Utilities
- Utility Description: Sewer Available, Water Available
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,066
- Lot Dimensions: 61.30 x 198.12
- Lot Features: Level
- Zoning: Resid Multi-Family
Financial Considerations
- Tax Amount: $248
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Legal Description: 35 3S 14W -49.21- 117C3- BEG 336.04' E 886' N & 420.34' E OF SW COR OF SEC TH CONT E 61.30' TH N 198.08' TH W 60.08' TH S 198.03' ORB 4500 P 698
- Property ID: 14864-002-010
Listed by EXP Realty LLC
Sold by Xcellence Realty
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Schools
Schools serving 2815 E 16th St
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2826 E 15th St, Panama City, FL 32405 | PK-5 | 0.2 mi | |
Everitt Middle School
608 School Ave, Panama City, FL 32401 | 6-8 | 1.3 mi | |
1000 School Ave, Panama City, FL 32401 | 9-12 | 0.9 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 2815 E 16th St
Date
Details
Price
Change
Source
1/26/2024
Sold
$55,000
-8.33%
MLS
11/15/2023
Price Reduced
$60,000
-20%
MLS
10/14/2023
Listed
$75,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2815 E 16th Street, Panama City, FL 32405 (MLS# 748324) is a Land Residential property that was sold at $55,000 on January 26, 2024. Want to learn more about 2815 E 16th Street? Do you have questions about finding other Land Residential 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.