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  • Price$950,000
  • SQ. Feet16,000
  • Acres2.00
  • Built1999

8613 Terrell (17 Units 2+acres) Street, Panama City Beach

Zoned for up to 5 units per lot. .Great Location near beach. Good long term tenants. Current monthly income $15,000 and ready for rent increases. Easy management with current staff open to staying on.I've managed from AZ for past 12 years. Good system in place. Low overhead and low taxes. One water meter and one septic services each lot. Sewer ran to property line. One dumpster for all tenants.All measurements and pertinent information to be verified by the buyer. Information in MLS is approximate. There are 17 units on 6 lots.4 are 3 bedrooms and 12 are 2 bedrooms and 1 bedroom cottage. Rents range from $750-$1500 each. There are a total of 11-14 lots available on Terrell St contiguous for over 5 Acres. Also, there are 6 more lots abutting that on Gulf Pines. Great for developers

Essential Information

  • MLS® #689087
  • Price$950,000
  • Square Footage16,000
  • Acres2.00
  • Year Built1999
  • TypeCommercial Sales
  • Sub-TypeMobile Home Park
  • StyleRV/Mobile Park
  • StatusActive

Interior

  • # of Stories1

Additional Information

  • Date ListedSeptember 28th, 2019
  • Days on Market45
  • HOA$0

Community Information

  • Address8613 Terrell (17 Units 2+acres) Street
  • Area03 - Bay County - Beach
  • SubdivisionGulf Pines
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32408

School Information

  • ElementaryBreakfast Point
  • MiddleBreakfast Point
  • HighArnold

Listing Details

  • Listing OfficeCC Fox Realty

Price Change History for 8613 Terrell (17 Units 2+acres) Street, Panama City Beach, FL (MLS® #689087)

Date Details Price Change
Price Reduced $950,000 $45,000 (4.52%)
Price Reduced (from $999,000) $995,000 $4,000 (0.40%)
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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