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Home > Panama City real estate for sale > Panama City homes for sale

Posted: Monday, January 15, 2018 6:50 AM

City: DeFuniak Springs
State: FL
Zip: 32433

Price: $797500
Property Type: multi-family
Agent: Wendy Rulnick - Wendy Rulnick - Rulnick Realty, Inc.
Contact: 850-650-7883
Email: itswendy@rulnickrealty.com
12 unit apartment complex 20 minutes from Freeport Florida, one hour from Santa Rosa Beach, Florida. 100% occupancy. Newer property built in 2000-2001, upgraded and maintained. Two apartment buildings of six units each. All unites have two bedrooms, two baths. Total of 12 units. 4 acres, with 2 undeveloped acres to build more units. Asphalt parking lot repaved, windows replaced. Easy access, right off Highway 90 and Highway 331 direct to Santa Rosa Beach. Near I-10. Leases $675-$700 each. Monthly gross income $8100-$8300. Net operating income close to $70,000. Updated figures coming soon.

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Source: http://listings.realbird.com/C7A7E3A9/493459.aspx


• Location: DeFuniak Springs, Panama City

• Post ID: 12737167 panamacity
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