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13-Door Duplex Multifamily Property
For Sale
Contact for pricing
Pending

2228 E 17th St, Panama City, FL 32405

Five recently rebuilt duplexes and a renovated triplex offer a mix of one- and two-bedroom units with central HVAC.

Property SizeContact for details
Days on Market142

Property Features for 2228 E 17th St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 11 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 13

Additional Details

Utilities to Site Yes

Building Details

Buildings 6
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Sean Casilli · License #FL SL3389725
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This multifamily property contains five duplex buildings rebuilt in 2021 along with one fully renovated triplex, totaling 13 doors. The unit mix includes one-bedroom, one-bath layouts and two-bedroom, one-bath layouts. The duplex units feature central HVAC and new appliances, while the triplex is the original structure and has also undergone complete renovation.

Building systems vary by component. The duplexes have PVC sewer lines and PEX water lines; the triplex retains cast iron sewer and PEX water lines. All units are tenant occupied, providing an established operating configuration across the property.

Key Highlights

  • Five duplex buildings rebuilt in 2021
  • One completely renovated triplex included
  • 13 total doors across the property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Five recently rebuilt duplexes and a renovated triplex offer a mix of one- and two-bedroom units with central HVAC.
Where is this duplex located?
The property is located at 2228 E 17th St Panama City, FL.
What are key features of this property?
This property features: Five duplex buildings rebuilt in 2021; One completely renovated triplex included; 13 total doors across the property
More about this property
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