1440 Dover Road, Panama City, FL 32404 (MLS# 755393)

Status: Active

List Date: 2024-04-04

List Price: $528,000

List Price/SqFt: 162.01

Current Price: $528,000

Area: 02 - Bay County - Central

Street #: 1440

Street Name: Dover

Street Suffix: Road

State: FL

Zip Code: 32404

County: Bay

Sub Area: 0202 - Bay - Central SE

Subdivision: Donalson Point

Community/Resort: None

Waterfront: Yes

Parcel ID: 26141-000-000

Elementary School: Tyndall

Middle School: Rutherford Middle

High School: Rutherford

Directions: At the curve where business 98 and Tyndall Parkway split, turn on Soule Dr to Sharon to Dover rd. Sharon pretty much turns into Dover.

Legal Description: 3RD AMENDED PLAT PT DONALSON LOT 1 BLK 7 ORB 4420 P 147

Sub-Type: Triplex Multi-Units

Design: N/A

Apx SqFt(Htd/Cooled): 3259

SqFt Source: Agent Measured

Bedrooms: 5

Full Baths: 3

Total Baths: 3

# of Stories in Building: 2

# of Units in Bldg: 3

Year Built: 1950

Immediate Occupancy: Yes

Construction Status: Construction Complete

Garage Y/N: Yes

Garage Spaces: 1

Covered Spaces: 2

Driveway Spaces: 5

Lot Dimensions: 120 x 258 x 54 x 283

Acreage: 0.53

Lot Size (SqFt): 23130

Beach Frontage: 54

Homestead: No

HOA Fee: No

Senior Community: No

Is Subject Leased: No

New Buyer Fee: No

Last Taxes: 4852

Last Tax Year: 2023

Brokerage Interest: No Interest

As Is: Yes

Lot: 1

Block: 7

Section: 24

Township: 4S

Range: 14W

Remarks: Calling all investors! Explore this remarkable triplex nestled on over half an acre with direct deep water access to the Gulf of Mexico. Newly constructed seawall (Nov 2022) ensures peace of mind. Perfect for investors looking to revitalize for rental income or homeowners ready to embark on a dream remodel. Architectural sketches available. The upper level features two distinct units with carports, each boasting two bedrooms and one bathroom. Downstairs includes a garage, storage room, mudroom, and a one-bedroom, one-bathroom unit. This versatile property offers great potential in a sought-after waterfront location on Donalson Point, just 9 minutes from the Tyndall Welcome Center. Two units are move-in ready, while the third awaits a hot water heater. Live in one unit while updating the others! Enjoy the tranquil backyard for fishing, boating, or kayaking adventures!