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215 Maine Avenue Panama City, FL 32401
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Key Details
Sold Price $625,000
Property Type Single Family Home
Sub Type Traditional
Listing Status Sold
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $153
Subdivision Holmes Addn
MLS Listing ID 965138
Sold Date 02/13/25
Bedrooms 10
Full Baths 6
Construction Status Construction Complete
HOA Y/N No
Year Built 1980
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Traditional
Property Description
Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income-producing property includes two triplexes, offering a total of six units. The units consist of four 2-bedroom residences and two 1-bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well-maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities.
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Multi-Family
Interior
Appliance Cooktop, Refrigerator, Stove/Oven Electric
Exterior
Exterior Feature Fenced Lot-Part, Fenced Privacy
Pool None
Utilities Available Electric, Public Sewer, Public Water
Private Pool No
Building
Story 1.0
Structure Type Roof Shingle/Shake,Stone,Stucco
Construction Status Construction Complete
Schools
Elementary Schools Cherry Street
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional,Other
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Bought with Compass