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Residential > Multi-family
Active
11/27/2023
List Price
$1,450,000

1000 Transmitter Rd
Panama City, FL 32401

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  • 1000 Transmitter Rd, Panama City, FL 32401 is a 2 bed, 1 bath, 1,664 ft² multi-family home house built in 1987 on a 0.360 acre lot with 1 construction permit. This multi-family home is currently for sale for $1,450,000, and it was last sold in 2019 for $40,000.

    MLS Description

    The listing agent's description. Original Listing

    Situated at 1000 Transmitter Rd, this property unveils a compelling investment opportunity featuring ten extensively renovated two-bedroom, one-bathroom units, each approved for Section 8 rentals at an attractive rate of $1300 per unit. Boasting contemporary amenities, including full-sized kitchens, washer and dryer hookups, separate metering, a 2019-permitted roof, 2020 water heaters, 2020 HVAC (excluding condensers), a new deck, updated sewer lines, wiring, and a refurbished parking lot with ample tenant parking, these 830 sqft units epitomize modern living. Nestled in the heart of Bay County, Florida, the city of Panama City has experienced a remarkable population surge, reaching 36,775 residents in 2023--a 12.27% increase since the 2020 census. With an annual growth rate of 3.93%, Panama City stands as a testament to economic resilience, offering compelling prospects for both residents and businesses. The city's average household income of $70,585 fosters financial well-being in the community. Additionally, the recent boost in military construction funding for Tyndall Air Force Base, reaching an impressive $3.4 billion, not only marks a pivotal moment in the base's recovery from Hurricane Michael but is expected to drive job growth and housing demand in the surrounding area, painting a promising economic landscape. As Tyndall AFB transforms into an ''installation of the future,'' this property at 1000 Transmitter Rd becomes not just a home but a strategic investment within a thriving community poised for economic revitalization.

    Listing Agents

    The listing agent for 1000 Transmitter Rd is Sully Tariq.

    Permits

    1000 Transmitter Rd has 1 permit records.

    Permit History
    1
    Permits
    August 10, 2011
    Description: Boone reroof a/14Status: finalType: RoofingSub Type: ResidentialBusiness Name: David Lewis Roofing CompanyApplicant: Boone, Frank DFees: $37Effective Date: 2011-08-10Permit Number: R11-0777

    Current Ownership

    Information about the current owner(s).

    Property History

    1000 Transmitter Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1000 Transmitter Rd

    School Information

    Public/private schools serving 1000 Transmitter Rd

    Neighborhood

    This property is located in 32404.

    Market Trends

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    Copyright © 2024 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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