$570,000

1116 Mercedes Avenue, Panama City, FL 32401

  • 2,799 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $204/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

New construction townhomes, 2/2 933 sqft each. projected to rent for $1550-1650 per unit. Estimated 7-8 cap rate. Pro Forma PnL available upon request.

Listing Status:
Active
Date Added:
August 19, 2025 at 05:00AM
Listing Office:
Think Real Estate : 850-270-4200
MLS ID:
777837
  • Originating MLS: CPAR_CPAR
  • County: Bay
  • Zoning: 4 4S 14W -69- 69A BEG 495' N OF SW COR OF SE1/4 OF NE1/4 TH E 120 N 99' W 120' S 99' TO POB ORB 738 P 769 ORB 2002 P 428 ORB 2002 P 42616529-000-000
  • Utilities: Sewer Available
  • Source: CPAR_CPAR

This listing courtesy of Think Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cedar Grove Elementary School

2826 E 15th St, Panama City, FL, 32405

Grades PK-5

1.51 miles away

R

Rosenwald High School

924 Bay Ave, Panama City, FL, 32401

Grades 6-12

0.37 miles away

B

Bay High School

1200 Harrison Ave, Panama City, FL, 32401

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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