4525 Carla Lane
Panama City, FL 32405
12 beds | 7.00 baths | #964964
Description
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.
Property Details
- Utility FeaturesElectric, Private Well, Public Sewer, Public Water, Septic Tank
- Community FeaturesShort Term Rental - Allowed
- SubdivisionNO RECORDED SUBDIVISION
- Property ConditionConstruction Complete
- EnergyAC - Window/Wall
- StyleMobile Home
- Property SubtypeMobile Home
- Elementary SchoolDeer Point
- Lot Size326 x 620
- Property TypePurchase
- High SchoolMosley
- Taxes Annual$4,344
- MLS #964964
- Cost425000
- MLS #964964
- Middle SchoolMowat
- Bathrooms7.00
- Year Built1985
- Taxes Annual Year2024
- ParkingYes
- Bedrooms12
- Parking Spaces4
Location
Legal
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: ECAR
Listing Courtesy
Listing Agent: Carly K Sostheim (#E29820), Phone: (850) 814-4560, Email: carly@corcoranreverie.com
Listing Office: Corcoran Reverie SRB (#EHJM)
Listing Courtesy (Buyer)
Buyer's Agent: Carly K Sostheim (#E29820)
Buyer's Office: Corcoran Reverie SRB (#EHJM)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
