Coastal Vibes Luxury Beach Group

4525 Carla Lane

Panama City , FL 32405

MLS#: 766315

$425,000

Status: Closed
Listing number: 766315
Listing provided by: Corcoran Reverie
Listing agent phone: None
Last update: 2 months ago
On site: 1 year, 1 month ago
Browse Properties
[No Recorded Subdiv] - Residential

Property

Beds

12

Full Baths

7

1/2 Baths

None

Year Built

1985

Sq.Footage

N/A

This property is a MULTI-FAMILY INVESTOR and DEVELOPERS DREAM! This 5-acre parcel currently brings in $4,000/month in income and has incredible potential for future development. Positioned in Lynn Haven, recently named one of the TOP 10 places to live in Florida, you'll find 5 acres zoned Medium Density that currently holds MULTI-FAMILY investment properties where all structures are occupied by tenants. Bringing in $4,000/month in income, this is a PRIME opportunity to cash flow from day 1 and hold the property for future development. 4525 Carla Lane offers 5 acres, zoned Medium Density Residential and density is 4-10 units per acre. Zoned for single family homes, duplexes, multi-family or group home - the possibilities are endless with this future development opportunity. This property includes 5 structures and are all occupied by tenants at this time. There is also a 30'x60' garage with 4 bays and roll-up garage doors. This garage is currently being used for storage by Owner but leaves opportunity to bring in additional income, if rented. This property is located less than 1/2 mile from Trane Technologies and the Lynn Haven Sports Complex, within a few miles of Publix, Dollar General and dining and within 2 miles of North Bay Haven Charter Academy. All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.

Features & Amenities

Interior

  • Total Bedrooms

    12

  • Bathrooms

    7

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Additional Parking

  • Pool

    No

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    5.0

  • Property Type

    Residential

Price

  • Sales Price

    $425,000

  • Tax Amount

    4170.57

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Deer Point

  • Middle School

    Mowat

  • High School

    Mosley

Property Features

  • Stories

    1

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Deer Point

Middle School

Mowat

High School

Mosley

Listing Courtesy of Sostheim Group , Corcoran Reverie

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Agent Emily Lewallen

REALTOR®

Emily Lewallen

Call Emily today to schedule a private showing.

(404) 319-0657

Emily@coastalvibeslux.com


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This property is a MULTI-FAMILY INVESTOR and DEVELOPERS DREAM! This 5-acre parcel currently brings in $4,000/month in income and has incredible potential for future development. Positioned in Lynn Haven, recently named one of the TOP 10 places to live in Florida, you'll find 5 acres zoned Medium Density that currently holds MULTI-FAMILY investment properties where all structures are occupied by tenants. Bringing in $4,000/month in income, this is a PRIME opportunity to cash flow from day 1 and hold the property for future development. 4525 Carla Lane offers 5 acres, zoned Medium Density Residential and density is 4-10 units per acre. Zoned for single family homes, duplexes, multi-family or group home - the possibilities are endless with this future development opportunity. This property includes 5 structures and are all occupied by tenants at this time. There is also a 30'x60' garage with 4 bays and roll-up garage doors. This garage is currently being used for storage by Owner but leaves opportunity to bring in additional income, if rented. This property is located less than 1/2 mile from Trane Technologies and the Lynn Haven Sports Complex, within a few miles of Publix, Dollar General and dining and within 2 miles of North Bay Haven Charter Academy. All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.

4525 Carla Lane

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