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$570,000

Est. payment - /mo

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0.27 Acres Lot

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1116 Mercedes AVE Panama City, FL 32401

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Hudson "Mitch" Willis

hudson@hudsonwillisgroup.com +1(850) 756-1823

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision No Named Subdivision

MLS Listing ID 777837

Construction Status Under Construction,Never Occupied

HOA Y/N No

Year Built 2025

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Multi Family

Property Description

New construction townhomes, 2/2 933 sqft each. projected to rent for $1550-1650 per unit. Estimated 7-8 cap rate. Pro Forma PnL available upon request.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Available

Roof Type Shingle

Building

Entry Level One

Foundation Slab

Level or Stories One

Construction Status Under Construction,Never Occupied

Schools

Elementary Schools Cedar Grove

Middle Schools Mowat

High Schools Bay

Others

Tax ID 16529-000-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Listed As-Is

Listed by Think Real Estate

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Hudson "Mitch" Willis

Team Leader of The Hudson Willis Group | License ID: 3508506

+1(850) 756-1823

1116 Mercedes AVE Panama City, FL 32401

Hudson "Mitch" Willis

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1116 Mercedes AVE