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Sold for $475,000 on 11/11/22
  • $475,000

    8614 Terrell St, Panama City Beach, FL 32408

    6beds
    3,644sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $486,000 Zestimate®
    $130/sqft
    $1,982 Estimated rent

    What's special

    TREMENDOUS BEACH INVESTMENT OPPORTUNITY! This large parcel is almost 1/2 an acre of valuable income producing property. So many options and no restrictions on rentals! The main house (aprox 1550 sq feet) is a well maintained 3/2 with an open living plan and 2 car garage. An attached 1/1 bath apartment is perfect for short term rentals! The outside includes a new metal roof , oversized 2 car garage and a well and sprinkler system for the nicely landscaped yard . ALSO included is the lot at the NE corner of Laurie and Terrell that has a 1984 mobile home with a long term tenant.All these units could be long or short term rentals with a tremendous potential for income. The mobile home could be removed for new construction. The sky's the limit for the smart investor!

    Zillow last checked: 7 hours ago

    Listing updated: March 06, 2025 at 12:16pm

    Listed by:

    Susan Morrison 850-624-9696,

    Coldwell Banker Carroll Realty

    Bought with:

    Danny Burnett

    Keller Williams Success Realty

    Source: CPAR,MLS#: 727757MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Description: Main
    • Area: 262.8
    • Dimensions: 18 x 14.6
    Bedroom
    • Description: Apartment
    • Area: 199.8
    • Dimensions: 18 x 11.1
    Bedroom
    • Description: main
    • Area: 237.8
    • Dimensions: 16.4 x 14.5
    Bedroom
    • Description: Main
    • Area: 123.17
    • Dimensions: 11.3 x 10.9
    Garage
    • Description: One enclosed / one open
    • Area: 1440
    • Dimensions: 40 x 36
    Kitchen
    • Description: Main
    • Area: 176
    • Dimensions: 17.6 x 10
    Laundry room
    • Description: Main
    • Area: 32.48
    • Dimensions: 5.8 x 5.6
    Living room
    • Description: Main
    • Area: 246.4
    • Dimensions: 17.6 x 14
    Living room
    • Description: Apartment (combo Living, Dining, and Kitchen
    • Area: 306
    • Dimensions: 18 x 17
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Water Heater
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Breakfast Bar
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,644 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    • Details: Driveway Spaces:4.00
    Features
    • Exterior features: Storage
    • Fencing: Partial
    Lot
    • Size: 0.45 Acres
    • Dimensions: 100 x 130 and 100 x 67
    Details
    • Parcel number: 30201162000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1984

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Cable Connected, Septic Available, Water Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Short Term Rental Allowed
    Location
    • Region: Panama City Beach
    • Subdivision: Adventure Inn Park Unit #1

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Services availability