Panama City, FL 32401
Property Inquiry
Contact Kaci Hawes about this property!
Property Details
Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income-producing property includes two triplexes, offering a total of six units. The units consist of four 2-bedroom residences and two 1-bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well-maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities. Millville's rich history as a hub for lumber and shipbuilding in the late 1800s adds a charming backdrop to this investment.
Rent rolls are available upon request, and the property is currently managed by ERA Neubauer Property Management for seamless operations.
Schedule a showing today with your preferred real estate professional to explore this unique opportunity in a historic and charming location!
| COUNTY | Bay |
| SUBDIVISION | HOLMES ADDN |
| PARCEL ID | 22862-000-000 |
| TYPE | Detached Single Family |
| STYLE | Traditional |
| ACREAGE | 0 |
| LOT ACCESS | N/A |
| LOT SIZE | 175x96x176x95 |
| HOA INCLUDE | N/A |
| HOA FEE | N/A |
| UTILITIES | Electric,Public Sewer,Public Water |
| PROJECT FACILITIES | N/A |
| ZONING | Resid Multi-Family |
| PARKING FEATURES | N/A |
| APPLIANCES | Cooktop,Refrigerator,Stove/Oven Electric |
| ENERGY | AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect |
| INTERIOR | N/A |
| EXTERIOR | Fenced Lot-Part,Fenced Privacy |
| ROOM DIMENSIONS | Bedroom : 13 x 10 Bedroom : 13 x 10 Bedroom : 13 x 10 Bedroom : 13 x 10 Bedroom : 13 x 10 Bedroom : 13 x 10 Bedroom : 13 x 10 Bedroom : 13 x 10 Bedroom : 13 x 10 Bedroom : 13 x 10 Living Room : 15 x 13 Living Room : 15 x 13 |
Schools
Location & Map
Start out going east on E Highway 98/US-98 Bus E/FL-30 toward N Cove Blvd. Continue to follow US-98 Bus E/FL-30. Turn right onto Sherman Ave. Take the 2nd left onto E 3rd St. Take the 1st right onto Maine Ave. 215 MAINE AVE is on the right.