341 N East Avenue Panama City, FL 32401
ZONED MIXED USE (MU) FOR COMMERCIAL OR RESIDENTIAL!! 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.I CAN PROVIDE THE ENGINEER PLAN WITH NEW SQUARE FOOTAGE. BUYER CAN GET IT RE-CERTIFY WITH MK WEBER ENGINEERING. PROPERTY CAN BE ZONED FOR MIXED USE AS WELL!! THE HOUSE BEHIND IT IS FOR SALE SO BUY BOTH AND BUILD TWO FOURPLEX!!
- Property TypeSingle Family Home
- NeighborhoodPine Crest Add To Callaway
- CountyBay
- Taxes$1,061
- HOA/Condo/Coop Fees$0
- Days on Site2 Days
- MLS StatusActive
- MLS ID Number752768
- Home Size Source N/A
- Year Built1940
- Lot Size0.17 Acres
- Full Baths1
- Partial BathsN/A
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