8425 Terrell St (11Units 2.5 acres) Street Home - $975000.00

Panama City Beach Home

Inquire About This Property Price:

Area: Bay County Beach
Subdivision: Gulf Pines
Bedrooms: 3
Bathrooms: 2
Half Baths: 0

Overview: 8613, 8609, 8529, 8527, 8523, 8517 Terrell St. Less than 1 mile to beach. Easy commute to Panama City and Navy Base. Location, location, location! 16 rentals for $1,000,000 with approx. $175,000 yearly rental income. Low overhead. All units are on septic system and public water is inexpensive (approx. $20 per month per unit). Dumpster is $500 monthly for all units. Public sewer line ran to the property line. Low taxes and insurance. Very minimal vacancy rate. ADDITIONAL LOTS AVAILABLE!!! THERE ARE 7 MORE LOTS WITH 10 RENTALS ADJOINING ON TERRELL ST (APPROX. 2.5 ACRES) FOR $1,100,000 AND ANOTHER 6 LOTS ON GULF PINES DR. ADJOINING (APPROX. 2+ ACRES) VACANT LAND WITH SEWER, WATER AND ELECTRIC ON PROPERTY FOR $1,050,000. TOTAL OF OVER 6 ACRES. $2,900,000 FOR EVERYTHING.

Waterview Features:

Exterior Features:

Appliances:

Utilities:

« Return to Search Results Page

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