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405 E 4th Street, Panama City, FL 32401
$365,000
405 E 4th Street, Panama City, FL 32401View this property at 405 E 4th Street, Panama City, FL 32401
405 E 4th StreetPanama CityFL32401
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Property Description
'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Spectacular WATERFRONT property nestled along Massalina Bayou offers effortless access to deep waters for fishing and memorable days at Shell Island! This fantastic opportunity includes the adjacent vacant corner lot at 403 E 4th St, which is ready for development. You'll have a generous 168.8 feet of combined water frontage, making it a waterfront dream.Located just steps from the charming attractions of historic downtown Panama City, this quadriplex features one-bedroom, one-bathroom units with long-term tenants in place. While it requires some tender loving care, there's immense potential waiting to be unlocked.The property boasts a brand-new roof installed in July 2020, ensuring solid protection. However, some interior updates are needed due to water damage incurred prior to the roof replacement. With its prime location and incredible possibilities, this property is an exciting prospect for savvy investors.
Full Property Details
Full Property Details for 405 E 4th St
General
- Sold For: $365,000
- Taxes: $1,972 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 749082
- Added to Site: 207 day(s) ago
Interior
- Appliances: Electric Water Heater
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Fence
Parking
- Parking Features: Driveway
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From Hathaway Bridge, Follow US-98 W to Frankford Ave, Turn right onto Frankford Ave, Continue on US-98 BUS E/W Beach Dr , Turn Right on Magnolia Ave, Turn Left on E 4th St and cross over bridge/Massalina Bayou. The destination is on your left.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Roof: Composition, Shingle
- Square Feet: 2,080
- Sq. Ft. Source: Appraiser
- Living Area: 2,080 Sq. Ft.
- Year Built: 1946
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: Bay
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,450
- Lot Dimensions: 255 x 165 x 260 x 170
- Frontage: City Street, Paved
- Lot Features: Corner Lot, Level, Waterfront
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayou, Gulf Access, Deeded Access, Waterfront
- Water Front View: Bayou, Gulf Access, Deeded Access, Waterfront
Financial Considerations
- Tax Amount: $1,972
- Tax Year: 2022
- Terms: Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Listed As-Is
- Legal Description: SUDDUTHS 1ST ADD. LOT 20 BLK 8 ORB 1256 P 962 MAP 105C2
- Property ID: 20456-000-000
Listed by Keller Williams Success Realty
Sold by Beach Haven Realty
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Schools
Schools serving 405 E 4th St
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1125 Cherry St, Panama City, FL 32401 | PK-5 | 0.9 mi | |
600 W 11th St, Panama City, FL 32401 | 6-8 | 1.2 mi | |
1200 Harrison Ave, Panama City, FL 32401 | 9-12 | 1 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 405 E 4th St
Date
Details
Price
Change
Source
3/15/2024
Sold
$365,000
-2.67%
MLS
11/09/2023
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
405 E 4th Street, Panama City, FL 32401 (MLS# 749082) is a Multi-Family property that was sold at $365,000 on March 15, 2024. Want to learn more about 405 E 4th Street? Do you have questions about finding other 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.