$575,000

Estimated payment $3,705/month

Total Views 1,114
6 Beds
5 Baths
3,242 Sq Ft
$177 Price per Sq Ft

Highlights

  • 0.42 Acre Lot
  • Window Unit Cooling System
  • Heating Available
  • No HOA

About This Home

Investment opporunity located in one of the most popular areas of Panama City FL, in St Andrews. This property is located on the heaviest traveled road, HWY 98 that leads across the entire county. Currently the property consists of 4 separate rentals, a 3 bedroom 2 bath home, 2 separate studio apartments and 1 cottage each with 1 bedroom and 1 bath for a total of 6 bedrooms and5 baths. Rents total approximately $55,800 annually. There are solar panels that power the rentals also, a $100,000 investment by the current owner. St Andrews is growing fast and this property will continue to appreciate in value while generating rental income. Take a look and call today.

Listing Agent

Jeff Payne

Keller Williams Success Realty License #3168006

Keller Williams Success Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,953

Year Built

  • Built in 1940

Lot Details

  • 0.42 Acre Lot
  • Property fronts a highway

Parking

  • Driveway

Home Design

  • 3,242 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Schools

  • Lucille Moore Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,953

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.42
  • Lot Size: Irregular
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Power Production Type: Photovoltaics
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Living Area: 3242.0
  • Dining Room Type: Bedroom
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Varies by Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 18469.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5953.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $575,000 -- $177 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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Source: Central Panhandle Association of REALTORS®

MLS Number: 771728

Central Panhandle Association of REALTORS®

APN: 29504-000-000