For Sale
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Property summary
This exceptional investment opportunity presents eight newly constructed, two-bedroom, two-bathroom duplex units situated on a spacious 47,916 square foot lot in central Panama City, Florida. Built in 2021, these units boast a modern design and were meticulously rebuilt after Hurricane Michael, ensuring superior construction and durability. The complete renovation included new roofs, PVC plumbing, PEX lines, spray foam roof deck insulation, HVAC systems, ductwork, appliances, sheetrock, plumbing fixtures, lighting, electrical service and wiring, and flooring. Each unit features an in-unit laundry room, adding to the convenience and appeal for tenants. The property's central location in Panama City offers easy access to local amenities, businesses, and attractions. The asking price for this turnkey multifamily property is $1,200,000. Detailed layout and specifications are available upon request. This is a rare chance to acquire a high-quality, recently constructed multifamily property in a desirable location with strong rental potential. The single-story building offers ease of maintenance and accessibility. This property represents a compelling investment opportunity for discerning buyers seeking a stable and profitable addition to their portfolio.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Panama City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning