FL > Panama City > No Named Subdivision
Panama City, FL 32405,2525 Michigan CT
Panama City, FL 32405,2525 Michigan CT
Panama City, FL 32405,2525 Michigan CT
Panama City, FL 32405,2525 Michigan CT
Panama City, FL 32405,2525 Michigan CT
Panama City, FL 32405,2525 Michigan CT
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Shantel Peterson

Shantel Peterson

+1(850) 543-9000
$ 210,000
Est. payment | /mo

2 Beds

2 Baths

880 SqFt

Save
$ 210,000
Est. payment | /mo
Save

2 Beds

2 Baths

880 SqFt

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

Listed by LSI REALTY & MANAGEMENT LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 543-9000

[email protected]

Niceville, Florida, 32578, USA

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2525 Michigan CT