tomo logo

$1,500,000

Beds
15
Baths
13.0
sq ft
7,120

2228 E 17th St, Panama City, FL 32405

2228 E 17th St

Panama City, FL 32405

  • 132 days on market
    • Price drop $100,000↓
Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience.

Details

Property type

Townhouse

Lot size

0.96 acres

Price per sq ft

$211

Year built

2020

Price History

07/15/2024
EmeraldCoast

EmeraldCoast #949535

Price change
$1,500,000
-6.25%
05/10/2024
EmeraldCoast

EmeraldCoast #949535

Listed
$1,600,000
+25.98%
10/19/2022
CentralPanhandle

CentralPanhandle #709511

Sold
$1,270,000

Schools & Community

Neighborhood: 

Cedar Grove

Elementary school: 

Cedar Grove

Middle school: 

Mowat

High school: 

Bay

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The First A National Banking Assn

Loan start date

October 2022

Original loan amount

$952,500

Est. remaining balance

Not provided

Interest rate

5.55%

Loan type

Future Advance Clause / Open End Mortgage, 5 year

Seller

Phan Enterprises Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 12:15 PM

Listing updated: 07/15/2024 at 11:23 PM

Listed by: Taylor A Moorman, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #949535

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