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    8613 Terrell (16 Rentals 2+Acres) Street , 16 Rentals

    Panama City Beach, FL 32408
    • $950,000
    • STATUS: Active
    • ON SITE: 94 days
    • MLS #: 713315
    Price Reduced
    UPDATED: 59 min ago
    $950,000
    • 32
      BEDS
    • 2.07
      ACRES
    • 16
      BATHS
    • 0
      1/2 BATHS
    • 14,000
      SQFT
    • $68
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1999
    County:
    Bay

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    8613, 8609, 8529, 8527, 8523, 8517 Terrell St. Less than 1 mile to beach. Easy commute to Panama City and Navy Base. Location, location, location! 16 rentals for $1,100,000 with approx. $175,000 yearly rental income. Low overhead. All units are on septic system and public water is inexpensive (approx. $20 per month per unit). Dumpster is $500 monthly for all units. Public sewer line ran to the property line. Low taxes and insurance. Very minimal vacancy rate. ADDITIONAL LOTS AVAILABLE!!! THERE ARE 7 MORE LOTS WITH 10 RENTALS ADJOINING ON TERRELL ST (APPROX. 2.5 ACRES) FOR $1,100,000 AND ANOTHER 6 LOTS ON GULF PINES DR. ADJOINING (APPROX. 2+ ACRES) VACANT LAND WITH SEWER, WATER AND ELECTRIC ON PROPERTY FOR $1,100,000. TOTAL OF OVER 6 ACRES. $3,300,000 FOR EVERYTHING.

    Monthly Payment Calculator



    © 2021 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2021-09-27T21:03:55.107.
    www.countsbeachhomes.com/homes/118696351
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    8613 Terrell (16 Rentals 2+Acres) Street , 16 Rentals Panama City Beach, FL 32408

    • Price: $950,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 713315
    32
    Beds
    16
    Baths
    0
    ½ Baths
    2.07
    Acres
    14,000
    SQFT
    $68
    $/SQFT
    1999
    Built
    Neighborhood:
    Gulf Pines
    County:
    Bay
    Area:
    Bay County-Beach
    Elementary School:
    Breakfast Point
    Middle School:
    Breakfast Point
    High School:
    Arnold
    Property Description
    8613, 8609, 8529, 8527, 8523, 8517 Terrell St. Less than 1 mile to beach. Easy commute to Panama City and Navy Base. Location, location, location! 16 rentals for $1,100,000 with approx. $175,000 yearly rental income. Low overhead. All units are on septic system and public water is inexpensive (approx. $20 per month per unit). Dumpster is $500 monthly for all units. Public sewer line ran to the property line. Low taxes and insurance. Very minimal vacancy rate. ADDITIONAL LOTS AVAILABLE!!! THERE ARE 7 MORE LOTS WITH 10 RENTALS ADJOINING ON TERRELL ST (APPROX. 2.5 ACRES) FOR $1,100,000 AND ANOTHER 6 LOTS ON GULF PINES DR. ADJOINING (APPROX. 2+ ACRES) VACANT LAND WITH SEWER, WATER AND ELECTRIC ON PROPERTY FOR $1,100,000. TOTAL OF OVER 6 ACRES. $3,300,000 FOR EVERYTHING.
    Exterior Features

    Construction Siding Siding - Alum Metal Design N/A Exterior Features Deck Open Lot Access Paved Road Lot Dimensions Each Lot is 79X191 With 6 Lots included Lot Features Addl Land Available Parking Features Open Waterfront No

    Interior Features

    Appliances Range - Electric Cooling Window Unit(S) Furnished Furnished - Some Interior Features Ceiling Beamed Master Bedroom Bath Mbed First Floor Rooms Bonus Room

    Property Features

    As Is Yes Assumable Mtg Type None Community Resort None Construction Status Construction Complete Energy Water Heater - Electric Existing Leases 0 - 6 Months1 - 3 Years7 - 12 Months Farm Info Other - See Remarks Financing CashConventionalOwner Hoa Fee No Immediate Occupancy Yes Project Facilities DumpsterPicnic Area Sale Type As Is Sq Ft Source Owner Measured Utilities Electric On SitePublic WaterSeptic TankSewer Available

    Listing provided courtesy of Cc Fox Realty. Listing information © 2021 Central Panhandle Association of Realtors MLS.


    © 2021 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2021-09-27T21:03:55.107.
     
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    Counts Real Estate Group
    2104 Thomas Drive
    Panama City Beach FL, 32408