2525 Michigan CT Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32405
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 880 sqft
Price per Sqft $238
Subdivision No Named Subdivision
MLS Listing ID 770629
Style Contemporary
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1986
Annual Tax Amount $1,092
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Detached
Property Description
Looking for a hassle-free investment property with immediate rental income? This charming 2-bedroom, 2-bathroom home at 2525 Michigan Ct, Panama City, FL is already leased to great tenants, making it the perfect turnkey opportunity!Situated in a convenient location near shopping, schools, and entertainment, this well-maintained home features central air and heating and an attached garage. The brick exterior and shingle roof add to its durability, ensuring long-term value.With steady rental income of $1,500/month, low property taxes, and an estimated 8.6% cap rate, this is a fantastic addition to any investor's portfolio. Don't miss out on this income-producing property in a growing market!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Furnishings Unfurnished
Fireplace No
Exterior
Garage Spaces 1.0
Garage Description 1.0
Community Features Short Term Rental Allowed
Building
Architectural Style Contemporary
Schools
Elementary Schools Lucille Moore
Middle Schools Jinks
High Schools Bay
Others
Tax ID 27016-950-000