Pending
4525 Carla Lane
Panama City FL, 32405
$425,000
$91.28 per sqft
Pending
12 Beds
7 Baths
4,656 sqft
Manufactured
Built in 1985
This property is a MULTI-FAMILY INVESTOR and DEVELOPERS DREAM! This 5-acre parcel currently brings in $4,000/month in income and has incredible potential for future development.
Positioned in Lynn Haven, recently named one of the TOP 10 places to live in Florida, you'll find 5 acres zoned Medium Density that currently holds MULTI-FAMILY investment properties where all structures are occupied by tenants. Bringing in $4,000/month in income, this is a PRIME opportunity to cash flow from day 1 and hold the property for future development.
4525 Carla Lane offers 5 acres, zoned Medium Density Residential and density is 4-10 units per acre. Zoned for single family homes, duplexes, multi-family or group home - the possibilities are endless with this future development opportunity. 4525 Carla Lane offers 5 acres, zoned Medium Density Residential and density is 4-10 units per acre. Zoned for single family homes, duplexes, multi-family or group home - the possibilities are endless with this future development opportunity.
This property includes 5 structures and are all occupied by tenants at this time. There is also a 30'x60' garage with 4 bays and roll-up garage doors. This garage is currently being used for storage by Owner but leaves opportunity to bring in additional income, if rented.
This property is located less than 1/2 mile from Trane Technologies and the Lynn Haven Sports Complex, within a few miles of Publix, Dollar General and dining and within 2 miles of North Bay Haven Charter Academy.
All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.
964964
MLSⓇ ID
December 19, 2024
Listed
December 20, 2024
Updated
Map
4525 Carla Lane
Panama City FL, 32405
Interior Features
Total Stories
1
Bedrooms
12
Total Bathrooms
7
Full Bathrooms
7
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
5 Acres
Architectual Style
Mobile Home
School Information
High School
Mosley
Elementary School
Deer Point
Other Property Details
Area Name
27 - Bay County
Taxes
$4,344
Tax Frequency
Annually
Days on Market
1
Garage
Yes
Garage Spaces
4
Parking
Garage, Garage Detached
View
Yes
View Description
Pond
County
Bay
Pool
No
Waterfront
Yes
Zoning
Resid Multi-Family
Listing History
Date | Event | Price |
---|---|---|
12/19/2024 | Pending | — |
Courtesy of Corcoran Reverie SRB, Carly K Sostheim,
Listing Contact: 850-814-4560
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Data last updated 1:10 AM UTC, 12/20/2024