Sully Tariq
This listing was posted on RealtyWW.
$1,450,000
Home For Sale In Panama City, Florida
Price:
$1,450,000
BR/BA:
10+ BR, 10+ BA
Location:
1000 Transmitter Rd, Panama City, FL
Description:
Situated at 1000 Transmitter Rd, this property unveils a compelling investment opportunity featuring ten extensively renovated two-bedroom, one-bathroom units, each approved for Section 8 rentals at an attractive rate of $1300 per unit. Boasting contemporary amenities, including full-sized kitchens, washer and dryer hookups, separate metering, a 2019-permitted roof, 2020 water heaters, 2020 HVAC (excluding condensers), a new deck, updated sewer lines, wiring, and a refurbished parking lot with ample tenant parking, these 830 sqft units epitomize modern living. Nestled in the heart of Bay County, Florida, the city of Panama City has experienced a remarkable population surge, reaching 36, 775 residents in 2023--a 12.27% increase since the 2020 census. With an annual growth rate of 3.93%, Panama City stands as a testament to economic resilience, offering compelling prospects for both residents and businesses. The city's average household income of $70, 585 fosters financial well-being in the community. Additionally, the recent boost in military construction funding for Tyndall Air Force Base, reaching an impressive $3.4 billion, not only marks a pivotal moment in the base's recovery from Hurricane Michael but is expected to drive job growth and housing demand in the surrounding area, painting a promising economic landscape. As Tyndall AFB transforms into an ''installation of the future, '' this property at 1000 Transmitter Rd becomes not just a home but a strategic investment within a thriving community poised for economic revitalization.For more details: https://realtyww.info/homes_panama-city-d523900/for-sale_i69228400
Property Type:
Single-Family Houses
Sq feet:
830 sq. ft.
Amenities:
Patio/Deck, Washer Dryer
Posted:
March 9 on RealtyWW
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More About this Listing: Home For Sale In Panama City, Florida
Home For Sale In Panama City, Florida is a 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale at 1000 Transmitter Rd in Panama City FL. Find other listings like Home For Sale In Panama City, Florida and listings near 1000 Transmitter Rd by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Panama City FL.
Home For Sale In Panama City, Florida is a 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale at 1000 Transmitter Rd in Panama City FL. Find other listings like Home For Sale In Panama City, Florida and listings near 1000 Transmitter Rd by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Panama City FL.