Property Description: Multi-Family on 1301 FRANKFORD AVE, Panama City, FL state. There are 28 bedrooms and 14.0 bathrooms in the house. This listing was added to our database on Jun 8, 2014. Listing was updated in 06/08/14. 14 unit apartment complex, all units are 2 bedroom and 1 bath furnished with refrigerator, stove/oven with range hood, and dishwasher. All units do have a washer and dryer hook up. 13 of the 14 units are currently rented and generating $7,145 per month. One unit is undergoing renovations. Seller disclosed that the out of pocket expenses are: Insurance $5,400 annually, Garbage $70 per month, parking and security lighting $166 per month, annual property tax. There is a small office with a bath on building B. Per The City of Panama City the zoning on the 2.12 acre that are vacant is mixed use 3 which would per the city allow for multi-family units.
Address:
Contact me at: 866-814-3193
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