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$425,000
6 Beds
5 Baths5 full baths
--sqft
2810 W 15Th St, Panama City, FL 32401
$425,000
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Multi Family
Built in 1940
$-- HOA
0.42 acre lot
--/sqft
Description
Discover a prime investment opportunity in one of the most sought-after areas of Panama City, FL—Historic St. Andrews. This property is strategically located on HWY 98, the busiest road in the county. Currently, it features 4 rental units: a 3-bedroom, 2-bath home; two separate studio apartments; and one cottage with 1 bedroom and 1 bath, totaling 6 bedrooms and 5 baths. The rentals generate approximately $57,000 in annual income. Total expenses $27,000 a year. The main unit generates income of $1,500 a month. Unit 2 - $1,200 a month. Unit 3 and 4 - $450 a week. Water bill $500 a month for all 4 units. Electric - $300-$400 a month for 4 units. Solar panels - $800 a mont...
Continue Reading- Houzeo last checked: 49 Minutes ago
- Listing updated: December 19, 2025 at 2:57 am
- Listing Provided by: Anastasiia Dmytrenko (443) 668-2388 DRE #SL3591988, Frank Trenholm (850) 774-8944 | Coldwell Banker Realty (850) 234-6696
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 782775
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
0.42 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
782775
MLS Status
Active
Days on Market
1
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