2729 Carol Lane, Panama City, FL 32405
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Priced at Only: $1,649,000
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Address: 2729 Carol Lane, Panama City, FL 32405
Property Location and Similar Properties
- MLS#: 766313 ( Residential )
- Street Address: 2729 Carol Lane
- Viewed: 5
- Price: $1,649,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2024
- Bldg sqft: 0
- Bedrooms: 16
- Total Baths: 16
- Full Baths: 16
- Days On Market: 7
- Additional Information
- Geolocation: 30.1983 / -85.6321
- County: BAY
- City: Panama City
- Zipcode: 32405
- Subdivision: Highland City
- Elementary School: Hiland Park
- Middle School: Mowat
- High School: Bay
- Provided by: Scenic Sotheby's International Realty
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DescriptionIntroducing a rare opportunity to expand your portfolio with a brand new construction featuring four duplexes, totaling eight meticulously designed units. Each 905 sq. ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long term and short term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes, including sleek quartz countertops and soft close drawers and doors in the kitchen and bathrooms. Brand new appliances add to the property's appeal, ensuring a low maintenance investment for years to come. Strategically situated just 1.5 miles from popular destinations like Target, Starbucks, and the vibrant shopping and dining options on Highway 77 and 23rd Street, this property offers unparalleled convenience for tenants. Additionally, its proximity to schools and hospitals further enhances its desirability. Currently, seven of the eight units are rented long term, providing immediate cash flow, while the flexibility to utilize short term rentals offers additional income potential. This turnkey investment is ideal for savvy investors looking to secure a high demand property in a prime location with excellent growth potential. With its exceptional quality, strategic location, and rental versatility, this investment promises long term stability and value. Seize this opportunity to add a modern, income generating property to your portfolio.
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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 7240.00
- Roof: Shingle
School Information
- High School: Bay
- Middle School: Mowat
- School Elementary: Hiland Park
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir
- Heating: Central
- Road Frontage Type: CityStreet
- Utilities: CableAvailable, ElectricityConnected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2023
- Trash Expense: 0.00
Other Features
- Appliances: Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater, Disposal, Microwave, Refrigerator
- Furnished: Unfurnished
- Legal Description: HIGHLAND CITY (7.03) BEG 348.14' E OF NW COR LOT 8 TH E 91.41' S 180' W 89.28' N 179.98' TO POB BLK 29 ORB 4696 P 1242
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 12629-036-010
- Style: Duplex
- The Range: 0.00
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