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Property view

2228 E 17th Street, 
Panama City, FL 32405

$1,380,600


15

Beds


13

Baths


7,120

Sq Ft


Multi-Family

Sold

Listed by

Taylor Moorman

Bought with Coastal Heritage Real Estate LLC

Scenic Sotheby'S International Realty

MLS#

756905

Source:

FL BCMLS

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About This Home

2228 E 17th Street

Don't miss out on this exceptional investment opportunity to own a portfolio of five duplexes and a triplex, totaling 13 individual units. Nestled on almost an acre of land, these single-story properties enjoy a coveted location near Tyndall Air Force Base and downtown Panama City. Each unit provides convenience with two designated parking spaces and central HVAC system. Inside, tenants will appreciate the sleek, practical design featuring luxury vinyl plank flooring and up-to-date appliances, ensuring a comfortable and budget-friendly living experience. The duplexes, constructed in 2020, feature one-bedroom, one-bathroom layouts, while the spacious green duplex offers two-bedroom units, ideal for families or those desiring extra space. Meanwhile, the recently renovated triplex features three one-bedroom, one-bathroom units. This property is managed by a rental management company. Providing affordable housing options within a vibrant community, this investment opportunity promises a stable income and long-term potential for investors. All units are currently under annual leases. Multi parcel / Parcel ID's: 14740-040-000, 14740-020-010, 14740-020-000, 14740-022-000, 14740-021-000.

Home Facts

Multi-Family

13 Baths

15 Bedrooms

Built in 2020

Price Summary

1,500,000

$210 per Sq. Ft.

MLS #:

756905

Sold:

December 31, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

15

Bathrooms

Total Bathrooms:

13

Full Bathrooms:

13

Interior

Living Area:

7,120 Sq. Ft.


Structure

Structure

Building Area:

7,120 Sq. Ft.

Year Built:

2020


Lot

Lot Size (Sq. Ft):

41,817


Finances & Disclosures

Finances

Price:

$1,500,000

Price per Sq. Ft:

$210 per Sq. Ft.

Source:FL BCMLS
The information being provided by Central Panhandle Association of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association of Realtors. Scenic Sotheby'S International Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Scenic Sotheby'S International Realty, a broker participant of Central Panhandle Association of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Central Panhandle Association of Realtors. All rights reserved.