This 1.275-acre parcel is ready for a savvy investor who is ready to CASH FLOW!
This property offers 3 units. One currently rents at $800/month. The other two have rental potential of $1,600/month+ and were recently occupied. This totals $2,400/month OR MORE! Zoning is R-2 and allows for single family homes or duplexes for future development. If you remove a mobile home, another mobile home may be allowed within 12 months of removal. Buyer to verify.
Property on well/septic. This MULTI-FAMILY opportunity is a great option for investors who want to cash flow from day 1 and hold the property for future development.
Positioned in the Bayou George/Youngstown area of Panama City - this property is located with a few miles of Publix, restaurants, schools and a sports complex. All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.
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