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2228 E 17th Street E, Panama City, FL 32405
$1,600,000
2228 E 17th Street E, Panama City, FL 32405View this property at 2228 E 17th Street E, Panama City, FL 32405
2228 E 17th Street EPanama CityFL32405
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Property Description
Don'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, constructed in 2020, 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 recently renovated 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.
Full Property Details
Full Property Details for 2228 E 17th Street E
General
- Price: $1,600,000
- Status: Active
- Type: Townhouse
- MLS ID: 949535
- Updated: 5/10/2024
- Added to Site: 23 day(s) ago
Interior
- Rooms/Areas: Bedroom, Full Bathroom, Kitchen, Living Room
Rooms
Bathrooms
- Total Bathrooms: 13
- Full Bathrooms: 13
Bedrooms
- Total Bedrooms: 15
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
- 2nd Kitchen: Kitchen
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From Hwy 98 and Sherman, head North on Sherman, turn left at 17th Street. (5) Duplexes and (1) Triplex on the left just behind the commercial lot on the corner of Sherman & 17th Street.
School Information
- Elementary School: Cedar Grove
- Middle School: Mowat
- High School: Bay
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Architectural Style: Duplex
- Stories/Levels: 1
- Square Feet: 7,120
- Sq. Ft. Source: County PA Records
- Year Built: 2020
Lot Features
- Lot Size (Acres): 0.96
- Zoning: Resid Multi-Family
Disclosures and Reports
- Legal Description: Multi parcel / Parcel ID's: 14740-040-000, 14740-020-010, 14740-020-000, 14740-022-000, 14740-021-000.
- APN: 14740-040-000, 020-010, 020-000, 022-000, 021-000
Listed by Scenic Sotheby's International Realty
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Schools
Schools serving 2228 E 17th Street E
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2826 E 15th St, Panama City, FL 32405 | PK-5 | 0.8 mi | |
1903 W Highway 390, Lynn Haven, FL 32444 | 6-8 | 3.7 mi | |
1200 Harrison Ave, Panama City, FL 32401 | 9-12 | 1.6 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 2228 E 17th Street E
Date
Details
Price
Change
Source
5/10/2024
Listed
$1,600,000
25.98%
MLS
10/11/2022
Sold
$1,270,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2228 E 17th Street E
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,091
83%
$313,917
67%
2021
$2,231
-14%
$187,582
-11%
2022
$2,595
16%
$210,917
976%
2021
$2,231
849%
$19,600
—
2019
$235
-84%
$19,600
-82%
2018
$1,455
-4%
$106,426
-2%
2017
$1,508
-4%
$108,745
-2%
2016
$1,575
-4%
$111,064
-2%
2015
$1,646
-1%
$112,803
-2%
2014
$1,667
11%
$114,544
-1%
2013
$1,499
—
$115,400
—
Disclaimer: Historical tax 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 2228 E 17th Street E
2228 E 17th Street E, Panama City, FL 32405 (MLS# 949535) is a Townhouse property with 15 bedrooms and 13 full bathrooms. 2228 E 17th Street E is currently listed for $1,600,000 and was received on May 10, 2024. Want to learn more about 2228 E 17th Street E? Do you have questions about finding other Townhouse 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.