$775,000
Panama City, FL 32405
MLS# 779044
6433 sqft
1 / 18
Property Description
RENTAL PORTFOLIO! Turn-key residential rental portfolio in the quickly growing Panama City market. Consisting of 6 units total (237 Helen Ave 5 units & 2635 Arden Ave) this unique opportunity is a rare find. Units stay consistently full and are professionally managed. Seller is offering incredible owner financing terms: 3.95% interest, 30 year amortization, 3 year balloon, 35% down payment. Please do not disturb tenants. Rental info (unit sizes approximate): 237 Helen Ave: Unit A 850 sqft 2/1 rent $995 Unit B 850 sqft 2/1 rent $995 Unit C 1000 sqft 2/1 recently vacant, on market for $1,150 Unit D 1700 sqft 4/2 rent $1,295 Unit E 1000 sqft 2/1.5 rent $1,295 single family 2635 Arden Ave 1600 sqft 4/1.5 + den rent is $1950
Details
Maps
Contract Info
List Date: 2025-09-15
List Price: $775,000
List Price/SqFt: 120.47
Current Price: $775,000
Sub-Type: Multi-Family
Location
Area: 02 - Bay County - Central
Street #: 2635
Street Name: Arden
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0202 - Bay - Central SE
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 12467-000-000
Elementary School: Cedar Grove
Middle School: Mowat
High School: Bay
Directions: Portfolio consists of multiple addresses.
Legal Description: HIGHLAND CITY (14.3) BEG 30' W & 30' S OF NE COR LOT 14 TH W 150' S 100' E 150' N 100' TO POB BLK 21 (SUBJ TO ESMT ORB 3634 P 835) ORB 4540 P 80
General Property Info
List Class: Residential Income
Immediate Occupancy: No
Construction Status: Construction Complete
Acreage: 0.9
SqFt Tot Bldg: 6433
Year Built: 1957
Status Change Info
Status: Active
Property Features
Financing: Cash; Conventional; Seller Financing; Other - See Remarks
Listing Office: CENTURY 21 Commander Realty
Last Updated: September - 27 - 2025
Information deemed reliable but not guaranteed.