$3,250,000
MLS# 715812
Status: Sold
15700 sqft
1 / 22
Property Description
Our area is experiencing exceptional growth!! Fantastic opportunity to take advantage of the high the rental rates. 18 Unfurnished Two Bedroom / Two Bath units located in a prime resort location. Property is in excellent condition. Must be purchased as a whole but later should be able sell off as 18 separate units or keep and manage yourself as vacation rentals. Trip Advisor named Panama City Beach as a top emerging travel destination. The right investor could turn this property into a money machine. Call for more details. Call For Offers Deadline: 9/6/21.
Details
Contract Info
List Date: 2021-08-19
List Price: $3,199,000
List Price/SqFt: 203.76
Current Price: $3,250,000
Sub-Type: Multi-Family
Location
Area: 03 - Bay County - Beach
Unit #: 2181
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 - Beach - East
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Call listing agent for directions.
Legal Description: ORANGE LAKE, A TIMESHARE UNIT 2181 2BR 2B ORB 3026 P 280 990 TSF (USE TO BE LOCH LEGEND VIII . UNIT 2187)
General Property Info
List Class: Condominium
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Tot Bldg: 15700
Year Built: 1987
Status Change Info
Status: Sold
Under Contract Date: 2021-10-07
Sold Date: 2021-11-19
Sold Price: $3,250,000
Sold Price/SqFt: 207.01
Multi-Family
Year Built: 1987
Building SqFt: 15700
Property Features
Energy: AC - 2 or More; AC - Central Elect; Heat - Central Electric; Water Heater - Electric
Financing: Cash; Conventional
Offering Type: Real Estate; Sale Only
Pricing Type: Sale Price
Present Zoning: Resort
Project Facilities: Other - See Remarks
Sale Type: As Is
Site Description: Covenant; Deed Restriction; Flood Plain; Landscaped; Retention Pond
Utilities: All Utilities; Public Sewer - Connected; Water Connected
Listing Office: Coldwell Banker Carroll Realty
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.