5500,04,06 Pinetree Avenue Panama City Beach
$1,800,000
Multi
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Investment opportunity, Three Quadraplexes, all 100% occupied. Great location on Panama City Beach with easy access to the beach, Navy Base, St. Andrews State Park and great restaurants. Each of the 12 units are one bedroom and one bath with full kitchen.All units are under professional property mgt and rented long term currently but could be used as Short-Term rentals also. Entire complex is very well maintained, along with new roofs in 2019.Owner will consider owner financing, call for more details.
This listing is maintained by ERA Neubauer Real Estate, Inc.
Property Details
| MLS# | 752895 |
| Status | Active |
| Property Type | Multi |
| Bedrooms | 12 |
| Bathrooms | 12 full, 0 half |
| H/C Sqft | 8,160 |
| Acreage | 0.41 |
| Lot Dimensions | 150x120 |
| Year Built | 1981 |
| Taxes | $2,397.00 in 2023 |
| HOA | No HOA Fees |
Features
| Appliances | Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator, |
| Exterior | Fence, |
| Community Amenities | Short Term Rental Allowed, |
| Energy | Ceiling Fans, Electric, |
| Utilities | Electricity Available, Septic Available, Water Available, |
| Parking | Driveway, Paved, |
Location
| Elementary School | Patronis |
| Middle School | Surfside |
| High School | Arnold |
| Zip Code | 32408 |
| Area | Bay County - Beach |
| Sub-area | Beach - South of Grand Lagoon |
| Subdivision | Biltmore Beach |
