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  • Price$550,000
  • Beds2
  • Baths1
  • SQ. Feet6,656
  • Built1986

130 Beulah Avenue, Panama City

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Investor alert! 8-unit, income producing property is ready to take over with renters already in place. Apartments are 2 bed, 1 bath, 832 sq ft and parking lot offers 10 spaces, or 20 if parked two deep. Because of occupancy, each unit is in a different phase of repair and remodeling. Units are currently occupied between long term renters and monthly contractors. With current rents, monthly income average is $7,000. New roof, double pane windows, aluminum awning, ceiling and drywall repairs are complete. New siding, insulation and exterior painting in progress. Complex is on a corner lot and only blocks from John Gore Park, Callaway Bayou, and a public boat ramp. Availability of multi-unit complexes is very limited.With excellent rental history and being located near Tyndall AFB, this complex is a perfect opportunity for an investor to take advantage of today. Measurements are approximate, buyer to verify if important.

Essential Information

  • MLS® #684296
  • Price$550,000
  • Bedrooms2
  • Bathrooms1.00
  • Full Baths1
  • Square Footage6,656
  • Acres0.00
  • Year Built1986
  • TypeResidential
  • Sub-TypeQuadplex Multi Units
  • StyleN/A
  • StatusContingent

Amenities

  • UtilitiesElectric, Garbage, Internet - Broadband Available, Public Sewer, Public Water, TV Cable
  • Parking Spaces28
  • ParkingGuest, Parking Lot, Paved

Exterior

  • Exterior FeaturesDeck Covered, Dumpster
  • Lot DescriptionCorner, Near Public Boat Ramp
  • ConstructionFoundation - Slab on Grade, Roof - Pitched, Siding - Stucco, Siding - Vinyl, Trim - Aluminum, Roof - Asphalt

Additional Information

  • Date ListedJune 1st, 2019
  • Days on Market109
  • ZoningResid Multi-Family, Resid Single Family
  • HOA$0

Community Information

  • Address130 Beulah Avenue
  • Area02 - Bay County - Central
  • SubdivisionNo Named Subdivision
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32404

Interior

  • InteriorBedroom - Additional, Dining Room, Bath - Full, Living Room, Bedroom - Master
  • Interior FeaturesFloor Tile, Floor Vinyl, Floor WW Carpet, Washer/Dryer Hookup, Floor Vinyl Plank
  • AppliancesRefrigerator, Smoke Detector, Stove/Oven Electric
  • # of Stories2

School Information

  • ElementaryCallaway
  • MiddleEveritt
  • HighRutherford

Listing Details

  • Listing OfficeERA Neubauer Real Estate, Inc

Price Change History for 130 Beulah Avenue, Panama City, FL (MLS® #684296)

Date Details Price Change
Contingent
Active
Contingent
Active
Contingent (from Active)
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DISCLAIMER: 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 Source: Bay County Association Of REALTORS® Multiple Listing Service