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Residential > Multi-family
Pending
06/05/2023
List Price
$219,000$166/ft²

2324 16th Ct
Panama City, FL 32405

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    • 3
      Beds
    • 3
      Baths
    • 1,320
      ft²
      Living Area
    • 10,803
      ft²
      Lot Size
    • -
      Pool
    • -
      Car
    • 1960
      Year Built
    • 37
      DOM
    • 3
      Permits
    2324 16th Ct, Panama City, FL 32405 is a 3 bed, 3 bath, 1,320 ft² multi-family home house built in 1960 on a 0.248 acre lot with 3 construction permits. This multi-family home is currently pending, and it was last sold in 2023 for $150,000.

      MLS Description

      The listing agent's description. Original Listing

      TRIPLEX - GREAT RETURN ON INVESTMENT FOR AN INVESTOR THAT WANTS TO LIVE IN ONE AND RENT OUT TWO, OR RENT OUT ALL THREE FOR POSITIVE CASH FLOW.Seller is repositioning assets to purchase another property - so take advantage of this awesome opportunity offered at a VERY LOW PRICE. Upgrades to property have been made in the past couple of years.Each unit receives government supported (automatic) rent per month. First unit rent is $1,050 per month. Second unit rent is $1,000 per month. Third unit was receiving $1,100 per month but was just vacated so that showings are easy (each of the units are identical so you know what you are buying). Total gross monthly income is $3,150. Another government backed lease can be executed on third unit after closing with new buyer.Well-maintained triplex located in the heart of Panama City.The triplex is situation on a quarter acre lot.Roof is approximately 10 years old.Each unit has a window heating/air conditioning unit.Total heated/cooled square footage is 1,320 square feet.Each unit is approximately 440 square feet, one bedroom / one bathroom with living area and dine-in kitchen.Tenant is responsible for all maintenance and lawn upkeep.

      Listing Agents

      The listing agent for 2324 16th Ct is Mike S Herring.

        MS

        Mike S Herring

        Keller Williams Realty Emerald

        Phone: (850) 654-2900

      Permits

      2324 16th Ct has 3 permit records.

      Permit History
      3
      Permits
      December 19, 2014
      Description: Re-roof - triplexStatus: finalType: RoofingSub Type: ResidentialBusiness Name: Armondi Roofing, LlcApplicant: Mc Crory, John & SylviaFees: $60Effective Date: 2014-12-19Permit Number: R14-1833
      June 18, 2013
      Description: Service repairStatus: finalType: ElectricalSub Type: Service repairBusiness Name: Jerry Pybus Electric IncApplicant: Mc Crory, John & SylviaFees: $29Effective Date: 2013-06-18Permit Number: E13-1027
      May 22, 2003
      Description: Changing from 2 gang to 3 gangStatus: finalType: ElectricalSub Type: Service changeBusiness Name: Pybus, Jerry..(Ec)Applicant: Turner, RobertFees: $25Effective Date: 2003-05-22Permit Number: E0301493

      Current Ownership

      Information about the current owner(s).

      • Taxes Billed

        Taxes billed in 2023$818.56
        From latest Total Assessed Value1.36%
        Total Assessed Value$60,398
        =
        Land
        Assessed Value        $23,143
        +
        Additions
        Assessed Value        $37,255

        • In 2023, taxes billed for 2324 16th Ct were $818.56, which is 1.36% from latest Total Assessed Value of $60,398.

      Property History

      2324 16th Ct has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

      Property Events

      Environment

      Environmental factors around 2324 16th Ct

      • Hazard Risks

        Hurricane
        402
        Weather
        262
        Tornado
        144
        Nat'l Avg
        100
        Particulates
        89
        Air Pollution
        79
        Ozone
        75
        Carb Mono
        69
        Lead
        43
        Wind
        27
        Earthquake
        20
        Hail
        3

        • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 2324 16th Ct.

        Walkability Index

        15 /20

        Very Walkable

        Most Walkable

        20-18

        Very Walkable

        17-15

        Somewhat Walkable

        14-10

        Car Dependent

        9-0

        2324 16th Ct has a walkability score of 15 out of 20, which means that it is in a very walkable area.

        Temperature

        Seasonal temperature sampled over multiple years

        Winter
        Average

        54 °F

        Low

        44°F

        High

        64°F

        Summer
        Average

        81 °F

        Low

        72°F

        High

        90°F

        In the winter at 2324 16th Ct, temperatures range from 43.76°F to 64.31°F with an average of 54.04°F. In the summer, the temperature ranges from 72.39°F to 89.75°F with and average of 81.07°F.

      School Information

      Public/private schools serving 2324 16th Ct

        Public Schools

        Mowat Middle School
        Grades: 6-8
        3.83  mi
        C-
        Bay High School
        Grades: 9-12
        1.69  mi
        C-
        Bay Virtual Instruction Program
        Grades: KG-11
        2.80  mi
        Bay Virtual Franchise
        Grades: KG-12
        2.79  mi
        B-
        Bay Virtual Instruction (Course Offerings)
        Grades: 9-12
        2.79  mi
        * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

        Nearby public schools serving 2324 16th Ct have ratings undefined, undefined, undefined, undefined, and undefined.

      Neighborhood

      This property is located in Cedar Grove.

      • Region

        • Boundary map of Cedar Grove.

        Crime Index for 32405

        90

        Below national average
        90

        The crime index in 32405 is 90, which is 0.9 times lower than national average.

      • Seasonal Housing units 32405

        10%

        of housing is for seasonal rent.

        Daytime Population for 32405

        +8%

        of people during work hours.

      Market Trends

      Historical market data near 2324 16th Ct over selected time period.

      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.

      Nearby Properties on 16th Ct

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