3704 W 23rd Street, Panama City, FL 32405

$1,500,000
9,196
SqFt
List Price
$1,500,000

Property Description

BUILDING SUSTAINED DAMAGE DURING HURRICANE MICHAEL. IT IS CURRENTLY UNDER CONSTRUCTION. ALL EXTERIOR METAL HAS BEEN REMOVED AND REPLACED INCLUDING ROOF AND SIDES. EXTERIOR OF THE BUILDING IS NEW. INTERIOR CONSTRUCTION IS IN PROGRESS. BUILDING WILL CONTAIN 4 UNITS WITH ONE AT 1200 SF, 2 AT 1800 SF, AND ONE AT 2400 SF. LAND INCLUDES THE AREA BEHIND THE BUILDING ALL THE WAY TO W 23RD COURT WITH THE EXCEPTION OF A SMALL PIECE IN THE NW CORNER. TOTAL LAND IS 1.3 ACRES WITH 225' FACING 23RD STREET. THE PARKING LOT WILL BE REPAVED. PURCHASE PRICE IS THE COMPLETED PRICE. SELLER FINANCING IS OFFERED AT 20% DOWN, 6% INTEREST RATE, PAYMENTS BASED ON 30 YEAR TERM WITH A 10 YEAR BALOON PAYMENT

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Listing courtesy of Varnes Realty.