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803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
803 Oak Avenue
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$496,000

803 Oak Avenue

6 Beds 4 Baths 2,914 Sq.Ft. 0.37 Acres

Description

Investment Opportunity in Downtown Panama City!
This versatile property is divided into three separate units and offers excellent income potential. It is centrally located near downtown Panama City dining, and shopping. Situated on a large lot with a huge side yard, there's ample space potentially for expansion, additional amenities, or future development.
The property features:
* Unit 1: 2 bedrooms, 1 bath
* Unit 2: 1 bedroom, 1 bath
* Unit 3: 3 bedrooms, 2 baths
Seller says current rental income - Unit 1 renting for $1,500/month, Unit 3 for $2,000/month, and Unit 2 previously renting between $500-$700/month--bringing total potential income to over $4,000 per month.
Live in one unit and rent the others or maximize returns by leasing all three--flexibility makes this property ideal for both investors and owner-occupants.
Extensively updated in 2022, including new kitchens, bathrooms, flooring, roof, and more, this property is move-in ready and positioned for immediate cash flow.
All measurements are approximate and should be verified by buyer.

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Location

803 Oak Avenue, Panama City, FL 32401

Status

For Sale
Beth Christie

Beth Christie

TITLE

Realtor®

Ramil Zartdinov

Ramil Zartdinov

TITLE

Realtor®

Property Amenities

Interior
Appliances Electric Range, Tankless Water Heater
Flooring Luxury Vinyl Plank
Total Bedrooms: 6
Full Bathrooms: 4
Area & Lot
Total area 2,914 Sq.Ft.
Lot Area 0.37 Acres
Living area 2,914 Sq.Ft.
MLS® ID 787848
Year Built 1964
High School Bay
Middle School Jinks
Elementary School Cherry Street
Architecture Styles Triplex
Type Multi-Family
Status For Sale
Exterior
Stories 1
Air conditioning Central Air, Ductless
Heat type Central, Ductless, Electric
Other Exterior Features Patio
Lot Features Paved
Roof Composition, Shingle
Utilities Electricity Available, Sewer Available
Finance
Sales Price $496,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 803 Oak Avenue, Panama City, FL 32401. We are reviewing your request and will be in touch shortly!

Panama City

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