1301 FRANKFORD AVE, Panama City, FL 32401 - For Sale
14 unit apartment complex, all units are 2 bedroom and 1 bath furnished with refrigerator, stove/oven with range hood, and dishwasher. All units do have a washer and dryer hook up. 13 of the 14 units are currently rented and generating $7,145 per month. One unit is undergoing renovations. Seller disclosed that the out of pocket expenses are: Insurance $5,400 annually, Garbage $70 per month, parking and security lighting $166 per month, annual property tax. There is a small office with a bath on building B. Per The City of Panama City the zoning on the 2.12 acre that are vacant is mixed use 3 which would per the city allow for multi-family units.
1301 FRANKFORD AVE - listing #1470840
- Type: Multi-Family
- Price: $1,200,000
- MLS#: 609647
- Letest update: 06/08/14
- Bedrooms: 28
- Bathrooms: 14.0
Status: For Sale
Added: 2014-06-08 Updated: 2014-06-08
Panama City, FL 32401 US
866-814-3193 for more details.
Useful information about Panama City, FL 32401 location:
The population of this area is about 24,545. The Average count of Households in this area is 11,919. Black population is about 6,747, White Population is about 16,429, Hispanic Population is about 581, Asian Population is about 499, Hawaiian Population is about 17, Indian Population is about 171, Other Population is about 173. Average Houses in this area is 63,600. Average Income per Household is $25,311. Median Age of population is 37.5 years.
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Realtor Info
Agent Name: Rex Free & Doneta
Phone#: 866-814-3193
