The Story

2600 East 1st Plaza

Panama City, FL 32401 · Multi-Family Home

Income-producing opportunity in Panama City! Located at 2600, 2602, and 2604 E 1st Plaza, this six-unit property features one-bedroom, one-bathroom units with approximately 518 square feet each. Convenient to shopping and schools, each unit includes water and garbage service in the rent. Reported monthly rents range from $1,076 to $1,225, totaling $6,891 in gross monthly rental income, or $82,692 annualized at current rental rates before expenses. An opportunity to establish or expand your rental portfolio. Buyers should verify square footage, lease terms, rental income, and operating expenses during due diligence.


Facts & Features

Property Info

Price
$675,000
Completion Year
2,023
Living Space
2,432 sq ft
Floors
1
Bedrooms
6
Bathrooms
6

Features & Amenities

Cooling

Central Air

Heating

Central

Sewer

Public Sewer

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Listing Broker

ERA Neubauer Real Estate Inc

Broker Name

ERA Neubauer Real Estate Inc

Agent

Heather H Neubauer

Location

Panama City FL 32404