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8 Beds
8 Baths
3,500 sqft

$1,350,713

5012 Gulf Drive, Panama City Beach FL, 32408

Price per sqft$385.92
Built in1973
Property size3,500 sqft
Property typeMulti-family

Overview

Sold

Closed

Listed Jul 4, 2023

Updated 10 days ago

***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.

Additional information

MLS® ID
743536

Interior Features

Bedrooms
8
Bathrooms
8
Basement
No

Other Property Details

Taxes
$2,800
Tax Frequency
Annually
View
Yes
Pool
Yes

 

Courtesy of Counts Real Estate Group Inc, Cherie 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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