3 townhomes for super low price!
Prepare to be absolutely amazed. Money making machine! Perfect for an investor looking to capitalize on massive rental income for a very low price. These 3 townhomes (3738, 3742, 3744 East 9th Street) are priced super low at only $309,000 and garner tremendous rental income with potential to increase future rent rates right after closing. Here are the current lease rates.
3748 East 9th Street = $700 per month (could be increased to $1,000 per month)
3742 East 9th Street = $1,000 per month (solid rental income)
3744 East 9th Street = $950 per month (could be increased to $1,000 per month).
Bask in the beauty of Springfield Heights where there are an abundance of activities for all. Very close to Highway 77 where you can enjoy shopping and a plethora of restaurants and activities for the whole family to love.
Also, very close to 15th Street with easy access (15 minute drive) to Tyndall Air Force Base.
These 3 townhomes have it all! Fully equipped with all appliances.
You have to see these 3 amazing properties and be ready to make great rental income. These townhomes have that WOW factor!
Each individual townhome can be purchased for $129,000 apiece.
Sold for $309,000 on 12/15/22
$309,000
3738-42-44 9th St E, Panama City, FL 32401
6beds
2,808sqft
Townhouse
Built in 1983
1,840 Square Feet Lot
$323,000 Zestimate®
$110/sqft
$3,289 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 12:15am
Listed by:
Mike S Herring 850-321-0917,
Keller Williams Realty Emerald,
Carole Lea Gilman 850-814-6090,
Keller Williams Realty Emerald Coast
Bought with:
Donna M Stokes, BK595010
Top Producers Real Estate Ctr
Source: CPAR,MLS#: 734990
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Bedroom
- Description: Measurements approximate; buyer to verify
- Level: Second
- Dimensions: 18 x 14
Bedroom
- Level: Second
- Dimensions: 12 x 11
Dining room
- Level: First
- Dimensions: 10 x 6
Other
- Level: First
- Dimensions: 8 x 10
Half bath
- Level: First
- Dimensions: 5 x 5
Living room
- Level: First
- Dimensions: 16 x 10
Interior area
- Total structure area: 2,808
- Total interior livable area: 2,808 sqft
Property
Lot
- Size: 1,840 sqft
- Dimensions: 23 x 80
Details
- Parcel number: 15300001000
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Condition
- Year built: 1983
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City
- Subdivision: Springfield Heights
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$323,000
2% more+$6,460
With Zillow Showcase(estimated)$329,460