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341 N East Avenue

Panama City, FL 32401
  • $87,900
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 942454
UPDATED: 63 min ago
$87,900
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,031
    SQFT
  • $85
    $/SQFT
Type:
Single-Family Home
Built:
1940
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:
Bay

Description

This house is completely gutted as the photos may show, but what's more important is the $15,000 engineer plan the seller paid for with MK Weber Engineering LLC. The new plan shows a 3bed/2bath floor plan with additional square footage which changes the ARV of the house. This coupled with the house being on a large corner lot makes it a great investment!!!! This is a great opportunity for any seasoned investor to take on. The seller got an estimate of 75k to repair which is about $75 a square foot. The house and be resold anywhere $210-$225 a square which is an affordable price point for a lot of future buyers in this demographic.

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© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-05-18T15:06:00.403.
Vendor Member #28178.
www.poshbeachrealty.com/homes/147662809
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341 N East Avenue Panama City, FL 32401

  • Price: $87,900
  • Status: Active
  • On Site: 92 Days
  • Updated: 63 min ago
  • MLS #: 942454
3
Beds
2
Baths
0
½ Baths
N/A
Acres
1,031
SQFT
$85
$/SQFT
1940
Built
Neighborhood:
Pine Crest Addn To Callaway
County:
Bay
Area:
Bay County
Elementary School:
Springfield
Middle School:
Everitt
High School:
Bay
Property Description
This house is completely gutted as the photos may show, but what's more important is the $15,000 engineer plan the seller paid for with MK Weber Engineering LLC. The new plan shows a 3bed/2bath floor plan with additional square footage which changes the ARV of the house. This coupled with the house being on a large corner lot makes it a great investment!!!! This is a great opportunity for any seasoned investor to take on. The seller got an estimate of 75k to repair which is about $75 a square foot. The house and be resold anywhere $210-$225 a square which is an affordable price point for a lot of future buyers in this demographic.
Exterior Features

Architectural Style Traditional Carport YN No Lot Size Dimensions 139.9*46.65 Pool YN No

Interior Features

Cooling None Cooling YN No First Floor Bedroom Yes Heating None Heating YN No Rooms Total 5

Property Features

New Construction YN No Pool Type None Property Condition To Be Built Property Sub Type Detached Single Family Tax Amount 1061 Tax Year 2023 Utilities Public Sewer Zoning Resid Multi-Family

Listing courtesy of Salty Marlin Realty: 850-615-2406.


© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-05-18T15:06:00.403.
Vendor Member #28178.
 
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495 Grand Boulevard, Suite 206
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