Check out this 1912 sqft, 4 bed, 2.5 bath home in Panama City Beach, FL built in 1935. Right on the outskirts of town in Cedar Grove. This is a pretty big project, and will need some landscaping to improve drainage as well as foundation repair. But after that it is an open canvas in a neighborhood where median home values have risen almost 10% in the past year and expect to climb another 10% this year. Would fetch at least $1,600/mo for a long term tenant. Last 12-mo comps put the ARV at $150k – $165k
Bring us your offers! Looking to close by mid-September
Buy it Now: $36200
Cash or Hard Money Only
Agents, Bring Your Buyer & Add Your Fee on Top