Panama City ๐Ÿ’ฅ๐Ÿ’ฅ 3 Bedroom 2 Bath Brick House ๐Ÿก๐Ÿก ALMOST OCEAN FRONT!

Bay County, Panama City, FL, 32401 View full address
$159,000
1184 sq ft
Pending

Facts and Features

Type
Single Family
Parking
Carport
Year build
1942
Lot size
8059.00 acres
Bedrooms
3
Sq. Footage
1184
Bathrooms
2

Summary

๐Ÿ”ฅ๐Ÿ’ต๐Ÿ”ฅ๐Ÿ’ต๐Ÿ”ฅ๐Ÿ’ต๐Ÿ”ฅ๐Ÿ’ต๐Ÿ”ฅ๐Ÿ’ต๐Ÿ”ฅ๐Ÿ’ต๐Ÿ”ฅ๐Ÿ’ต๐Ÿ”ฅ๐Ÿ’ต๐Ÿ”ฅ๐Ÿ’ต๐Ÿ”ฅ๐Ÿ’ต

PROPERTY WILL BE VACANT PRIOR TO CLOSING!!

Close to Water and Marinas


Purchase Price: $159,000

Rehab: Light/Cosmetic

After Repair Value: $259,000


โ˜‘๏ธ PROPERTY TYPE: SINGLE FAMILY

  • 3 Bedrooms
  • 2 Bath
  • Built in 1942
  • 1,184 sqft
  • Brick home
  • Rent Zestimateยฎ: $1,778
  • Hard wood flooring in most of home
  • Newer water heater
  • Light rehab project - Biggest update is windows (optional)

๐Ÿ‘€ RECENTLY SOLD:

  • 1119 Friendship Ave Panama City, FL 32401 sold for $237,500
  • 1204 W 12th St Panama City, FL 32401 Sold for $245,000
  • 2025 Baker Ct Panama City, FL 32401 Sold for $320,000
  • 1206 Fairy Ave Panama City, FL 32401 Sold for $241,000
  • 1302 W 13th St Panama City, FL 32401 Sold for $228,000

โ˜‘๏ธ EXIT STRATEGY

  • Light rehab to flip and resale
  • Rent to new tenants for around $1800/month
  • Turn into an Air B&B rental - AVERAGE rates in the area are $150+ PER NIGHT!


๐Ÿ‘‰ THIS IS THE DEAL YOU HAVE BEEN WAITING FOR! AN EASY LIGHT REHAB AT A DISCOUNTED PRICE. THE FLORIDA MARKET IS ON ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ AND DEALS LIKE THIS ARE VERY RARE. KEEP IT AS A RENTAL AND DO ALMOST NOTHING OR YOU CAN REHAB IT FOR TOP DOLLAR! ๐Ÿ‘ˆ



All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract with the seller of the property. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.

Estimated Spread

$235,000
ARV
-$159,000
Price
$76,000
Spread

Street View

Location and Comparables

Bedrooms
Bathrooms
Sq. footage
Last Sale Date
Last Sale Price
View More Details