Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence.
Listed By
Agency Name: ERA Neubauer Real Estate Inc
Shown By
Agent Name: Kelli Sullivan
Agent Phone: (850) 819-8246
Agency Title: Beachy Beach Real Estate
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2600 E 1st Plaza | MLS# 794807
This multi-family property located at 2600 E 1st Plaza , Panama City, FL 32401 is currently listed for sale with an asking price of $675,000. Search Panama City real estate on ksullivan.beachybeach.com today.