1211 STEPHEN DR
PANAMA CITY, FL 32405

$1,050,000

8 Beds

8 Baths

4,288 Sq Ft

Status Active

MLS# 755127

*** ATTENTION INVESTORS *** *** SUPER MODERN QUADPLEX *** * Fully rented currently producing $96K/year with 4 long-term leases, and security deposits! Short-term rentals projections over $144K/year! Very low insurance, taxes, and management cost represents an amazing Cap rate!* Over $200k in upgrades...Completely renovated with top of the line! 8beds/8baths. New kitchen cabinets, Quartz countertops, new tile flooring in all 4 units including stairs, new recessed lighting trough out, freshly painted, new bathrooms, laundry rooms, landscaping, and much more!!!* Excellent central location close to the beach, St. Andrews Bay, downtown, and Tyndall Air Force base! * Call now, it won't last!!!

Details for 1211 STEPHEN DR

Built in 2016

$245 / Sq Ft

Central Air

Central

51 Days on website

0.22 acres lot

Interior

Appliances

Electric Range, Refrigerator

Bathrooms Full

Bathrooms Total

Bedrooms Total

Flooring

Tile

Interior Features

Kitchen Island, New Paint, Remodeled, Recessed Lighting

Living Area

4,288 SqFt.

Building And Construction

Property Sub Type

Quadruplex

Property Type

Residential Income

Year Built

2016

Exterior And Lot

Exterior Features

Patio

Lot Size Acres

0.22

Lot Size Square Feet

9540

Parking Features

Assigned, Parking Lot

Utilities

Cooling

Central Air

Heating

Central

Area And Schools

City

Panama City

County Or Parish

Bay

Elementary School

Northside

High School

Bay

Middle Or Junior School

Jinks

Subdivision Name

[no Recorded Subdiv]

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$7,596.00

Tax Year

2023