$1,649,000

2729 Carol Lane Lane, Panama City, FL 32405

  • 16 beds |
  • 16 baths |
  • 7,240 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $228/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

Introducing a rare opportunity to expand your portfolio with a brand-new construction featuring four duplexes, totaling eight meticulously designed units. Each 905-sq.-ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long-term and short-term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes, including sleek quartz countertops and soft-close drawers and doors in the kitchen and bathrooms. Brand-new appliances add to the property's appeal, ensuring a low-maintenance investment for years to come. Strategically situated just 1.5 miles from popular destinations like Target, Starbucks, and the vibrant shopping and dining options on Highway 77 and 23rd Street, this property offers unparalleled convenience for tenants. Additionally, its proximity to schools and hospitals further enhances its desirability. Currently, seven of the eight units are rented long-term, providing immediate cash flow, while the flexibility to utilize short-term rentals offers additional income potential. This turnkey investment is ideal for savvy investors looking to secure a high-demand property in a prime location with excellent growth potential. With its exceptional quality, strategic location, and rental versatility, this investment promises long-term stability and value. Seize this opportunity to add a modern, income-generating property to your portfolio.

Listing Status:
Active
Date Added:
December 18, 2024 at 06:00AM
Listing Office:
Scenic Sotheby's International Realty : christina.knox@scenicsir.com
Listing Agent:
Christina M Knox : 850-814-9940
MLS ID:
964913
  • Appliances: DishwasherDisposalMicrowaveRefrigeratorStove/Oven ElectricWater Heater - Elect
  • A/C: Central Air
  • Style: Duplex
  • General: Siding Vinyl1
  • Road/Access: City Street
  • Originating MLS: Emerald Coast Association of REALTORS®
  • County: Bay
  • Zoning: Resid Multi-Family12629-036-010
  • Utilities: Electric
  • Source: Emerald Coast Association of REALTORS®

This listing courtesy of Christina M Knox, Scenic Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hiland Park Elementary School

2507 E Baldwin Rd, Panama City, FL, 32405

Grades KG-5

0.38 miles away

N

New Horizons Learning Center

3200 Minnesota Ave, Panama City, FL, 32405

Grades 6-12

0.97 miles away

N

New Horizons Learning Center

3200 Minnesota Ave, Panama City, FL, 32405

Grades 6-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.