$399,000
$399,000
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428 Mckenzie AVE Panama City, FL 32401
0.28 Acres Lot
Key Details
Sold Price $399,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision [No Recorded Subdiv]
MLS Listing ID 763995
Sold Date 11/27/24
HOA Y/N No
Year Built 1939
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Multi Family
Property Description
Here's an opportunity to own a multi family property downtown on Massalina Bayou. AS IS. The property includes an 11 unit apartment building with 9 1 Bedroom/1 Bath units, a studio and a 2 bedroom unit. There was storm damage from Hurricane Michael on the west facing wall in which the 2 west units are down to the studs. Property also includes a 2/1 Single family residence on property which is just under 1200 sq feet. Roof was replaced in 2019. Price reflects the need for renovation and rehabilitation on the buildings. Currently 3 of the units are rented. Zoned Downtown District.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Waterfront Description Bayou,Gulf Access
Water Access Desc Bayou,Gulf Access
View Bayou
Roof Type Metal
Building
Story 2
Entry Level Two
Level or Stories Two
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Tax ID 19864-000-000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Listed As-Is
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Bought with Overstreet Realty
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