Sold
Closed
5012 Gulf Drive
Panama City Beach FL, 32408
$1,350,713
$385.92 per sqft
Sold
Closed
8 Beds
8 Baths
3,500 sqft
Multi-family
Built in 1973
***Multiple offers. Highest and best due by 5pm July 6*** Short term quadplex located across the street from the beach and public access. This multifamily complex has a pool and NO HOA. Each of the four units features 2 bedrooms and 2 full baths. Turn key rental machine. Construction is all brick with 2 layers of elastomeric stucco and elastomeric paint. Roof is 2019 and metal composite shingle. All water heaters replaced in 2021. Windows and doors were replaced under current ownership. Floors have all been updated to LVP with thicker rubber backing. Parking lot features 10 spots, 2 per unit, and two extra for vendors or overflow. Property is very low maintenance having no grass or need for lawn service. Financials available upon request. This is the opportunity to own your own condo complex and avoid rising HOA fees and assessments.
743536
MLSⓇ ID
July 4, 2023
Listed
October 24, 2024
Updated
Map
5012 Gulf Drive
Panama City Beach FL, 32408
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
8
Full Bathrooms
8
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
School Information
High School
Arnold
Elementary School
Patronis
Other Property Details
Area Name
03 - Bay County - Beach
Taxes
$2,800
Tax Frequency
Annually
Days on Market
4
Garage
No
View
Yes
View Description
Gulf
County
Bay
Pool
Yes
Pool Features
In Ground
Listing History
Date | Event | Price |
---|---|---|
8/11/2023 | Price change | $1,350,713 -4% |
8/11/2023 | Sold | $1,350,713 |
7/7/2023 | Pending | — |
Courtesy of Counts Real Estate Group Inc, Cherie L Alexander,
Listing Contact: (850) 960-1554
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Duran Group FL shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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