Properties

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Introducing a multifamily investment opportunity in Northwest Florida!
A well maintained and renovated 42,000 SF, 55-unit multifamily gem, boasting a prime location zoned for Multifamily use.

Highlights
Low-rise/garden
Current in-place ASSUMABLE Freddie MAC first mortgage:
Origination: March 24, 2022
Loan Amount: $3,120,000
Term: 10 yrs.
Amort: 30 yrs.
Rate: 3.54%
CAP Rate 7.31%
NOI 430,990.00
Flood Zone X
Recent 2023 new metal roofs
Low maintenance hard coat stucco exteriors,
freshly painted in 2023
Impressive 95% occupancy rate

Operating memorandum available upon request.

Defuniak Springs

125 N Davis Lane

None Beds

None Baths

42,240 Sq.Ft.

$5,895,000

MLS#: 783548

Panama City Beach

6605 Beach Drive

4 Beds

4 Baths

2,319 Sq.Ft.

$750,000

MLS#: 758194

This is an excellent unit in Dunes of Panama building ''E''. Great low floor unit with a deeded parking space (worth $10,000-$12,000. This condo has been recently remodeled with new kitchen cabinets and granite countertops. New cabinets in both bathrooms, freshly painted, nice furnishings and tile floors through out. Wonderful easterly views from your balcony. This unit sleeps over 10 people to make it a good income generator!

Panama City Beach

7205 THOMAS E502

2 Beds

2 Baths

1,289 Sq.Ft.

$252,900

MLS#: 649547

Great location on the highly pristine spring fed Silver Lake only 1 hour away from the beach. This home sits right on Silver Lake and faces west to see those beautiful sunsets. Over half an acre of land high and dry, this home also has ample storage underneath the west side of the home which current owner used as a potting shed. Come sit on the waterfront porch or inside in your living room relaxing to Silver Lake and enjoying nature. No motorized boats are allowed on the lake so all you have is peace and quite.

Marianna

466 N Silver Lake

2 Beds

1 Baths

1,120 Sq.Ft.

$220,000

MLS#: 685466

Panama City Beach

200 Wiregrass Lane

3 Beds

2 Baths

1,662 Sq.Ft.

$625,000

MLS#: 783441

Lynn Haven

603 Hummingbird Street

3 Beds

2 Baths

1,124 Sq.Ft.

$275,000

MLS#: 740347

''Investor special or Fixer Upper''

Inside photos coming soon.

Are you looking for a home for your family to make your own with plenty of space or even a home to remodel to use for an investment then this is the place for you. This home is in a beautiful area with rose bushes and lovely oaks that set off the character of this property. Schedule your showing with your favorite realtor.

Bonifay

2341 Highway 2

3 Beds

2 Baths

1,864 Sq.Ft.

$79,900

MLS#: 739093

Sunny Hills

0 Regent Street 105

None Beds

None Baths

0.23 acres

$5,000

MLS#: 756382

Super sweet newly remodeled and decorated one bedroom with bunk beds overlooking one the community pools. Horizon South amenities include 4 pools, kiddie pool, jacuzzi spa, 2 game pavilions, shuffleboard, basketball, lighted tennis courts, horseshoes, mini-golf and easy public access within walking distance to our beautiful beaches.

Panama City Beach

17462 Front Beach Road 45G

1 Beds

1 Baths

N/A

$115,000

MLS#: 627937

Three bedrooms, three full baths, and a deck are some of what you will find here. There are enhancements needed to get this home move in ready. Local amenities include shops and restaurants. Take a look today, see what you can accomplish here. This property is bank owned. It is sold in “as-is” condition without repairs or warranty. Buyer is responsible for verifying all information contained in this listing.

Chipley

608 5TH Street

3 Beds

2 Baths

2,228 Sq.Ft.

$45,600

MLS#: 654487

Super clean and well built 3 bedroom, 2 bath home WITH an inground pool AND hot tub, located in a very popular neighborhood. This all brick home was built with quality and efficiency in mind. The interior is an open concept with a large great room, dining area and kitchen with breakfast bar. Hardwood floors run throughout the living area for durability. The bedroom is a split plan for privacy. The highlight of this home is the private inground, heated pool with attached built in hot tub. This is the ONLY pool home available in the neighborhood at this time. This one is a deal at $225,000. Call today for a private viewing.

Panama City

5431 BLUE DOG Road

3 Beds

2 Baths

1,684 Sq.Ft.

$220,000

MLS#: 644626

MOTIVATED SELLERS, BRING ALL OFFERS. Sellers offering up to $4000 towards closing costs and a one year home warranty with reasonable offer. Beautiful and modern 4BR/2BA home has 1836 sf and a huge back yard with new sod, sprinkler system, and privacy fence that opens to a fire pit and Robinson Bayou. The bayou is recently dredged to 5ft and leads to St. Andrew Bay and the Gulf. Inside, there are new Pergo floors throughout living areas and bedrooms, ceramic tile in kitchen and bathrooms. Stunning vaulted ceilings and an open floor plan make this a great house for entertaining. Kitchen has stainless appliances and solid surface counters. Large master suite with walk in closet, master bath with dual vanities, garden tub and separate shower and water closet. New paint throughout. Quiet neighborhood near the new Sweet Bay development and the coveted University Charter Academy. Great value!!

Panama City

3103 FRANKFORD Avenue

4 Beds

2 Baths

1,836 Sq.Ft.

$279,500

MLS#: 646853

Welcome to Brighton Oaks! The Hayden floor plan is a two story 5 bedroom, 3 Bath home with two car garage. Interior features include Vinyl flooring throughout the common areas, carpet in bedrooms, stairs and upstairs hallway, durable laminate countertops in the kitchen and baths, nickel hardware on interior doors, a lighting package and the appliances include a stove microwave in dishwasher. This home has a downstairs guest bedroom and a full bath. Additional bedrooms are on the second level and bedroom 1 has large bath with walk-in closet, dual sink vanity, separate shower and large soak tub. A standard Smart Home package is included with KwikSet Keyless entry, an Echo Dot device and Qolsys IQ touch panel. Pictures, photographs, floor plans, elevations, features, colors and sizes are approximate for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. For Move-In/Completion Estimates: Ready dates are estimates only. Timing of completion of construction and buyer move-in are subject to contingencies contained in home purchase agreement and governing jurisdictions issuance of a certificate of occupancy, and may change due to forces majeures and other delays or disruptions outside the reasonable control of the Builder

Panama City

4060 Brighton Boulevard Lot 44

5 Beds

3 Baths

2,593 Sq.Ft.

$282,375

MLS#: 700225

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. LOCATION! This 2,250+ square foot 3 bedroom/2 bathroom home is located in close proximity to Marianna High, the new K-8 school, Chipola College, & Florida Caverns State Park. The home features a shady 420 sq ft front porch running its entire length-- the perfect spot to have your morning coffee! The large living room boasts a custom-built 15' x 8' floor-to-ceiling walnut-stained bookcase. Open concept kitchen/dining room offers plenty of cabinets & counter space & a large bar perfect for family gatherings. Dining area flows into a sunny, spacious den w/ a painted brick wall. Newly enclosed garage with two closets can serve as a 4th bedroom, third living area, hobby room, or gigantic office w/ outdoor access. Oversized laundry room o Laminate flooring installed in 2015. New architectural shingled roof installed in 2019. Den addition newly clad in Hardie siding in 2019. Updated appliances added in the kitchen. Large back patio offers a private gathering spot. Home sits on nearly one acre of land at the end of a quiet cul-de-sac.

Marianna

4737 Cornerstone Lane

3 Beds

2 Baths

2,256 Sq.Ft.

$183,900

MLS#: 700043

Convenient building lot in Sunny Hills. Lot is located less than a half mile off of Hwy 77 on one of the main Blvd's and not in a flood zone! Sunny Hills is home to the county's first golf course and 26 lakes/ponds, including crystal clear Gap Pond and the well-known Boat Lake. There are 5 boat landings in the community for the fishermen. Deed restricted, but there is no HOA fee that applies. No mobile homes. Enjoy the slower pace of life this area has to offer and significantly lower taxes! Washington County is among the top five counties in the state of Florida that have the lowest property taxes. This lot is only a 20 minute drive from Chipley or Bonifay and about 45 minutes from Panama City Beach. In between there are several gas stations, convenient stores, and mom-and-pop restaurants

Chipley

Lot 27 Shenandoah Boulevard

None Beds

None Baths

0.23 acres

$3,000

MLS#: 681423

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