Active

2729 Carol Lane

Panama City FL, 32405

$1,649,000


$227.76 per sqft

Active

16 Beds

16 Baths

7,240 sqft

Multi-family

Built in 2024

Introducing 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.

766313

MLS ID

December 18, 2024

Listed

December 18, 2024

Updated

Map

2729 Carol Lane
Panama City FL, 32405

Interior Features

Bedrooms

16


Total Bathrooms

16


Full Bathrooms

16


Appliances

Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Architectual Style

Duplex


Roof

Shingle

School Information

High School

Bay


Elementary School

Hiland Park

Other Property Details

Area Name

02 - Bay County - Central


Taxes

$848


Tax Frequency

Annually


Garage

No


View

No


County

Bay


Pool

No

 

Courtesy of Scenic Sotheby's International Realty, Christina Knox,
Listing Contact: (850) 814-9940 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Real Experts shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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