8609 Terrell Street Townhouse - $849000.00
Panama City Beach TownhouseInquire About This Property Price:
Area: Bay County Beach
Subdivision: Gulf Pines
Half Baths: 0
Overview: Less than 1 mile to beach. It has 5 lots and 14 mobile homes included. Lots are 75'x190' each with 3 homes on each lot. Serviced by 5 water meters and 1 dumpster. Very low overhead and easy to manage. LLC has owned it for 12 years and have income of approx $13,000 monthly from these 14 units. There are an additivonal 6 lots on that same side of the street that Could consider adding for extra $100,000-$150,000 per lot with rentals. Another 5 lots adjoining on the next street and attached to current lots. Over 5 acres total package available if wanted. Negotiable. Zoned R-2 for 15 units per acre. Great for future development. Not many parcels this large available and has current income of approx. $200,000 per year while planning future development.
Latitudes Realty, Inc. and it's affiliates are not responsible for and make no claims as to the accuracy, reliability, or status of the property listings data contained on this web site. For the most current details and information about any of the properties you see on this web site, please contact one of our REALTORS.
The information contained on this site is strictly 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. Panama City Beach Real Estate, Panama City Beach Properties for Sale.
Listing Office: Cc Fox Realty