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215 Maine Avenue

Panama City, FL 32401
  • $665,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 766432
UPDATED: 73 min ago
$665,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Bay

School Information

Elementary School:
Middle School:
High School:
Bay

Description

Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income-producing property includes two triplexes, offering a total of six units. The units consist of four 2-bedroom residences and two 1-bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well-maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities.Millville's rich history as a hub for lumber and shipbuilding in the late 1800s adds a charming backdrop to this investment. Rent rolls are available upon request.Schedule a showing today with your preferred real estate professional to explore this unique opportunity in a historic and charming location!

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or World Impact Real Estate. Data last updated: 2025-01-13T21:04:03.427.
www.searchingfloridaproperties.com/homes/158975562
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215 Maine Avenue Panama City, FL 32401

  • Price: $665,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 73 min ago
  • MLS #: 766432
0
Beds
0
Baths
0
½ Baths
0.39
Acres
1980
Built
Neighborhood:
Holmes Add- Millville
County:
Bay
Area:
Bay County-Central
Elementary School:
Cherry Street
Middle School:
Jinks
High School:
Bay
Property Description
Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income-producing property includes two triplexes, offering a total of six units. The units consist of four 2-bedroom residences and two 1-bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well-maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities.Millville's rich history as a hub for lumber and shipbuilding in the late 1800s adds a charming backdrop to this investment. Rent rolls are available upon request.Schedule a showing today with your preferred real estate professional to explore this unique opportunity in a historic and charming location!
Exterior Features

Construction Materials Stone Stucco Levels One Roof Shingle Stories 1

Interior Features

Cooling Central Air Ceiling Fan(s) Electric Cooling YN Yes Heating Central Electric Heating YN Yes

Property Features

Association YN No Building Area Total 4080 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Occupant Type Occupied Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Special Listing Conditions Listed As- Is Utilities Electricity Available Sewer Available Water Available Water Source Public Waterfront YN No Zoning Description Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of ERA Neubauer Real Estate Inc: (850) 785-1551. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or World Impact Real Estate. Data last updated: 2025-01-13T21:04:03.427.
 
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4507 Furling Lane, Suite #203
Destin FL, 32541