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$724,000
15 Beds
9 Baths9 full baths
--sqft
119 College Ave, Panama City, FL 32401
$724,000
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Multi Family
Built in 1936
$-- HOA
0.41 acre lot
--/sqft
Description
SELLER OFFERING $25,000 TOWARD BUYER CLOSING COSTS, PREPAIDS, OR RATE BUYDOWN!
Welcome to 119 College Avenue, an exceptional income-producing property featuring six rental units in a well-maintained, recently remodeled setting, currently generating over $82,000 in gross annual income.
Situated on a spacious 0.4-acre corner lot in Flood Zone X (no flood insurance required), the property consists of four total buildings. The primary residence featuring three units has been fully renovated down to the studs and rebuilt with quality finishes throughout, offering three separate rental units (Units 1, 2, and 3) totaling 8 bedrooms and 5 bathrooms, along with a welcoming...
- Houzeo last checked: 54 Minutes ago
- Listing updated: June 1, 2026 at 12:01 pm
- Listing Provided by: Kaci A Basford DRE #SL3441260, Heather H Neubauer (850) 774-2832 DRE #3257545 | ERA Neubauer Real Estate, Inc (850) 872-3434
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 789830
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1936
HOA Fees
-
Finished Area
- sqft
Lot Size
0.41 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
789830
MLS Status
Active
Days on Market
1
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