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405 E 4th Street, Panama City, FL 32401
$375,000
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
This exceptional WATERFRONT property, situated along Massalina Bayou, provides easy access to the deep waters leading to Shell Island, ideal for fishing and enjoyable days out. Boasting water frontage this property is a true waterfront gem. Located just a short walk from the delightful attractions of historic downtown Panama City, the property features a quadruplex with one-bedroom, one-bathroom units. A brand-new roof was installed in July 2020, offering robust protection. Although reconstruction on the quadruplex has begun, the seller's health issues necessitate a sale. With its prime location and abundant potential, this property is a thrilling opportunity for astute investors.
Full Property Details
Full Property Details for 405 E 4th St
General
- Price: $375,000
- Taxes: $2,337 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 756960
- Updated: 5/22/2024
- Added to Site: 19 day(s) ago
Interior
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Driveway
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- 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
Utilities
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Construction: Block, Concrete
- Roof: Composition, Shingle
- Stories/Levels: 2
- Square Feet: 2,080
- Sq. Ft. Source: Appraiser
- Living Area: 2,080 Sq. Ft.
- Year Built: 1946
- Property Condition: Under Construction
Lot Features
- Property View: Bay
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 5,968
- Lot Dimensions: 260 x 170
- Frontage: City Street, Paved
- Lot Features: Waterfront
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay Access, Waterfront
- Water Front View: Bay Access, Waterfront
Financial Considerations
- Tax Amount: $2,337
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- 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 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
5/10/2024
Listed
$375,000
2.74%
MLS
3/15/2024
Sold
$365,000
—
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 405 E 4th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,337
35%
$224,312
55%
2021
$1,735
-12%
$145,091
-23%
2022
$1,972
14%
$187,786
25%
2021
$1,735
146%
$150,594
246%
2019
$704
-20%
$43,570
-25%
2018
$875
1%
$57,774
—
2017
$866
-2%
$57,774
—
2016
$886
-3%
$57,774
—
2015
$911
1%
$57,774
—
2014
$903
5%
$57,774
-3%
2013
$860
—
$59,406
—
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 405 E 4th St
405 E 4th Street, Panama City, FL 32401 (MLS# 756960) is a Multi-Family property with units containing 4 bedrooms and 4 full bathrooms. 405 E 4th Street is currently listed for $375,000 and was received on May 10, 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.