Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
2729 Carol Lane, Panama City, FL 32405
  • MLS#: 766313 ( Residential )
  • Street Address: 2729 Carol Lane
  • Viewed: 8
  • Price: $1,649,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 0
  • Bedrooms: 16
  • Total Baths: 16
  • Full Baths: 16
  • Days On Market: 9
  • Additional Information
  • Geolocation: 30.1983 / -85.6321
  • County: BAY
  • City: Panama City
  • Zipcode: 32405
  • Subdivision: Highland City
  • Elementary School: Hiland Park
  • Middle School: Mowat
  • High School: Bay
  • Provided by: Scenic Sotheby's International Realty
  • DMCA Notice
  • Description
    Introducing a rare opportunity to expand your portfolio with a brand new construction featuring four duplexes, totaling eight meticulously designed units. Each 905 sq. ft. unit offers two bedrooms and two bathrooms, delivering modern living spaces tailored for both long term and short term rental flexibility. Thoughtfully crafted for comfort and style, these units feature premium finishes, including sleek quartz countertops and soft close drawers and doors in the kitchen and bathrooms. Brand new appliances add to the property's appeal, ensuring a low maintenance investment for years to come. Strategically situated just 1.5 miles from popular destinations like Target, Starbucks, and the vibrant shopping and dining options on Highway 77 and 23rd Street, this property offers unparalleled convenience for tenants. Additionally, its proximity to schools and hospitals further enhances its desirability. Currently, seven of the eight units are rented long term, providing immediate cash flow, while the flexibility to utilize short term rentals offers additional income potential. This turnkey investment is ideal for savvy investors looking to secure a high demand property in a prime location with excellent growth potential. With its exceptional quality, strategic location, and rental versatility, this investment promises long term stability and value. Seize this opportunity to add a modern, income generating property to your portfolio.
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Features
Possible Terms
  1. Cash
  2. Conventional
Appliances
  1. Dishwasher
  2. ElectricCooktop
  3. ElectricOven
  4. ElectricWaterHeater
  5. Disposal
  6. Microwave
  7. Refrigerator
Home Owners Association Fee
  1. 0.00
Baths Full
  1. 16
Baths Total
  1. 16
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. CentralAir
Covered Spaces
  1. 0.00
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
Heating
  1. Central
High School
  1. Bay
Insurance Expense
  1. 0.00
Legal Description
  1. HIGHLAND CITY (7.03) BEG 348.14' E OF NW COR LOT 8 TH E 91.41' S 180' W 89.28' N 179.98' TO POB BLK 29 ORB 4696 P 1242
Living Area
  1. 7240.00
Middle School
  1. Mowat
Area Major
  1. 02 - Bay County - Central
Net Operating Income
  1. 0.00
Occupant Type
  1. Occupied
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 12629-036-010
Pet Deposit
  1. 0.00
Property Type
  1. Residential
Road Frontage Type
  1. CityStreet
Roof
  1. Shingle
School Elementary
  1. Hiland Park
Security Deposit
  1. 0.00
Style
  1. Duplex
Tax Year
  1. 2023
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. CableAvailable
  2. ElectricityConnected
Year Built
  1. 2024
Liked Listings
Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177