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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

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    $3,289/mo

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    $3,289/mo

    Rent Zestimate®

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    $1,941/mo

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    $1,941/mo

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    What's special

    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.

    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#: 734990MLS Logo

    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