Five-Unit Multifamily
For Sale
$350,999
520 Maine Ave, Panama City, FL 32401
Panama City multifamily property with three separately described buildings and residential income-producing zoning.
Property Size4,768 SF
Price / SF$73.62
Days on Market10
Property Features for 520 Maine Ave
General Information
Standard status
Active
Size
4,768 SF
Additional Details
Multifamily Units
5
Building Details
Year Built
1946
Buildings
3
Listing Agency:
Keller Williams Success Realty
(850) 358-3610
Listed By:
Will Pender · License #sl3381749
Source:
Bemajorteam
Added: Aug 22
Changed: Aug 29
Last Checked: Aug 30 at 8:41PM
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 Keller Williams Success Realty
Investment Insights
Based on property information with market context.
This multifamily property comprises three buildings totaling 4,768 square feet. The improvements include a one-story, three-bedroom residence with 1,251 heated square feet; a two-story apartment building with four bedrooms, two bathrooms, and 1,346 heated square feet; and a one-story duplex with three bedrooms, two bathrooms, and 2,171 heated square feet. The property is identified as a five-unit multifamily asset and is zoned for residential income-producing use.
Construction dates range from 1946 to 1956. Building features include central air conditioning in the first and third buildings, window air conditioning in the second, ducted or electric radiant heating, drywall interiors, and shingle roofing. Exterior finishes include aluminum siding, minimum siding, and asbestos shingles. The property is located in Panama City, Florida.
Construction dates range from 1946 to 1956. Building features include central air conditioning in the first and third buildings, window air conditioning in the second, ducted or electric radiant heating, drywall interiors, and shingle roofing. Exterior finishes include aluminum siding, minimum siding, and asbestos shingles. The property is located in Panama City, Florida.
Key Highlights
- Five‑unit multifamily property with 4,768 square feet of total area
- Three buildings with a residence, apartment building, and duplex
- Building 1: 1,251 heated square feet, 3 bedrooms, 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 32401, FL
20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Panama City multifamily property with three separately described buildings and residential income-producing zoning.
Where is this multifamily property located?
The property is located at 520 Maine Ave Panama City, FL.
What is the asking price?
The asking price for this property is $350,999.
What are key features of this property?
This property features: Five‑unit multifamily property with 4,768 square feet of total area; Three buildings with a residence, apartment building, and duplex; Building 1: 1,251 heated square feet, 3 bedrooms, 1 bathroom
