Investment opportunity, Three Quadraplexes, all 100% occupied. Great location on Panama City Beach with easy access to the beach, Navy Base, St. Andrews State Park and great restaurants. Each of the 12 units are one bedroom and one bath with full kitchen.
All units are under professional property mgt and rented long term currently but could be used as Short-Term rentals also. Entire complex is very well maintained, along with new roofs in 2019.
Owner will consider owner financing, call for more details.
Sold for $1,475,000 on 08/14/24
$1,475,000
5500 Four 6 Pinetree Ave, Panama City, FL 32408
12beds
8,160sqft
Quadruplex, Multi Family
Built in 1981
-- sqft lot
$1,454,800 Zestimate®
$181/sqft
$1,447 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 23 hours ago
Listed by:
Alan W Swigler 850-819-0844,
ERA Neubauer Real Estate, Inc
Bought with:
Hope Abbott, PA, 3115190
Keller Williams Realty Emerald
Source: CPAR,MLS#: 752895
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Primary bedroom
- Level: First
- Dimensions: 8 x 8
Primary bedroom
- Level: First
- Dimensions: 12 x 10
Primary bedroom
- Level: First
- Dimensions: 12 x 10
Primary bedroom
- Level: First
- Dimensions: 12 x 10
Primary bathroom
- Level: First
- Dimensions: 8 x 8
Primary bathroom
- Level: First
- Dimensions: 8 x 8
Kitchen
- Level: First
- Dimensions: 12 x 10
Kitchen
- Level: First
- Dimensions: 12 x 10
Kitchen
- Level: First
- Dimensions: 12 x 10
Living room
- Level: First
- Dimensions: 15 x 10
Living room
- Level: First
- Dimensions: 15 x 10
Living room
- Level: First
- Dimensions: 15 x 10
Heating
- Central, Electric
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Water Heater
Features
- Flooring: Luxury Vinyl Plank
Interior area
- Total structure area: 8,160
- Total interior livable area: 8,160 sqft
Property
Parking
- Parking features: Paved
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open, Porch
- Fencing: Fenced
Lot
- Size: 0.41 Acres
- Dimensions: 150 x 120
Details
- Parcel number: 31808000000
- Zoning description: Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Condition
- Year built: 1981
Utilities & green energy
- Utilities for property: Electricity Available, Water Connected
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City
- Subdivision: Biltmore Beach
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,454,800
2% more+$29,096
With Zillow Showcase(estimated)$1,483,896