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$210,000

Beds
2
Baths
2.0
sq ft
880

2525 Michigan Ct, Panama City, FL 32405

2525 Michigan Ct

Panama City, FL 32405

  • 9 days on market
Looking for a hassle-free investment property with immediate rental income? This charming 2-bedroom, 2-bathroom home at 2525 Michigan Ct, Panama City, FL is already leased to great tenants, making it the perfect turnkey opportunity!Situated in a convenient location near shopping, schools, and entertainment, this well-maintained home features central air and heating and an attached garage. The brick exterior and shingle roof add to its durability, ensuring long-term value.With steady rental income of $1,500/month, low property taxes, and an estimated 8.6% cap rate, this is a fantastic addition to any investor's portfolio. Don't miss out on this income-producing property in a growing market!

Details

Property type

Single Family Residence

Lot size

3,800 sq ft

Price per sq ft

$239

Year built

1986

Annual property taxes

$1,092

HOA

No

Price History

03/19/2025
CentralPanhandle

CentralPanhandle #770629

Listed
$210,000

Schools & Community

Elementary school: 

Lucille Moore

Middle school: 

Jinks

High school: 

Bay

Status: Active

Tomo last checked: 03/29/2025 at 11:45 AM

Listing updated: 03/19/2025 at 4:23 PM

Listed by: Travis Crisp, LSI REALTY & MANAGEMENT LLC Phone #: (850) 636-6700

MLS: CentralPanhandle #770629

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