Investor Alert! Prime Multi-Family Opportunity in the Heart of Springfield, FLThis fully occupied triplex on 9th Street is a rare gem for any savvy investor. Strategically located in the very center of Springfield, this income-producing property sits just steps away from what will soon become the city's new civic hub. Directly across the street from the site of the under-construction City Hall, Fire Department, Police Station, and Public Works Facility, this property is poised for long-term appreciation and sustained rental demand.Each of the three spacious units offers 2 bedrooms and 1.5 bathrooms--an ideal layout for working professionals and small families. Two of the units underwent full renovations in 2020, offering updated finishes, modern conveniences, and move-in-ready interiors. A new roof was installed in 2020, adding peace of mind and reducing maintenance concerns for years to come.This property has a proven track record of consistent full occupancy, thanks to its desirable location and the area's strong workforce housing demand. With over 1,000 employees expected to occupy the new government complex by 2027 (with partial occupancy by 2026), the rental potential is only expected to grow.Whether you're a seasoned investor expanding your portfolio or a new buyer seeking a high-demand rental location, this is an opportunity that should not be overlooked. The seller is motivated and ready to consider all serious offers--don't miss out!Schedule your showing today and secure this high-potential property before it's gone!
For sale
$512,900
3744 E 9th St #3746-3748-3750, Panama City, FL 32401
2beds
936sqft
Est.:
Triplex, Multi Family
Built in 1983
-- sqft lot
$479,500 Zestimate®
$548/sqft
$-- HOA
What's special
Move-in-ready interiorsUpdated finishesSpacious units
- 36 days
- on Zillow |
- 135 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 12:09pm
Listed by:
Michael C McKinney 850-527-4479,
Counts Real Estate Group Inc
Source: CPAR,MLS#: 775923
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Family Room
Bedroom
- Description: to verify measure yourself
- Level: Second
- Area: 120
- Dimensions: 10 x 12
Bedroom
- Description: to verify, measure yourself
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Family room
- Description: to verify, measure yourself
- Level: First
- Area: 180
- Dimensions: 15 x 12
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Features
- Windows: Storm Window(s)
Interior area
- Total interior livable area: 936 sqft
Video & virtual tour
Property
Parking
- Parking features: Paved, Shared Driveway
- Has uncovered spaces: Yes
- Details: Driveway Spaces:2.00
Features
- Patio & porch: Covered, Porch
- Pool features: None
- Fencing: Fenced
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 64 x 80
Details
- Parcel number: 15300002000
- Zoning description: City,Resid Multi-Family,Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood Frame
- Roof: Composition,Shingle
Condition
- Year built: 1983
Utilities & green energy
- Electric: 220 Volts
- Utilities for property: Cable Available, Cable Connected, Trash Collection
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $548/sqft
- Annual tax amount: $3,176
- Date on market: 7/7/2025
- Listing terms: Cash,Conventional,FHA
- Lease term: Month To Month
- Road surface type: Paved
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