Live the Gulf Life on Florida’s Emerald Coast

2600 E 1st Plaza

Panama City, FL 32401

MLS#: 794807

$675,000

Status: Active
Listing number: 794807
Listing provided by: ERA Neubauer Real Estate Inc
Listing agent phone: None
Last update: 7 hours ago
New on site 1 day ago
Browse Properties
Fairview - Residential

Property

Beds

6

Full Baths

6

1/2 Baths

None

Year Built

2023

Sq.Footage

2,432

Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    6

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Paved

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.35

  • Lot Size(square feet)

    15,246

  • Property Type

    Residential

  • Property Sub Type

    MultiFamily

Price

  • Sales Price

    $675,000

  • Tax Amount

    $5,306.33

  • Sq. Footage

    2,432

  • Price/SqFt

    $277

HOA

  • Association

    No

School District

  • Elementary School

    Cherry Street

  • Middle School

    Jinks

  • High School

    Bay

Property Features

  • Stories

    1

  • New Construction

    NO

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Cherry Street

Middle School

Jinks

High School

Bay

Listing Courtesy of Heather H Neubauer , ERA Neubauer Real Estate Inc

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Agent Dee Anderson

REALTOR®

Dee Anderson

Call Dee today to schedule a private showing.

(256) 613-6570

deeandersonrealtor@gmail.com


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Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence.

2600 E 1st Plaza

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