Under contract

Active Under Contract

428 Mckenzie Avenue

Panama City FL, 32401

$399,000


$61.76 per sqft

Under contract

Active Under Contract

6,460 sqft

Commercial

Built in 1939

Here's an opportunity to own a multi family property downtown on Massalina Bayou. AS IS. The property includes an 11 unit apartment building with 9 1 Bedroom/1 Bath units, a studio and a 2 bedroom unit. There was storm damage from Hurricane Michael on the west facing wall in which the 2 west units are down to the studs. Property also includes a 2/1 Single family residence on property which is just under 1200 sq feet. Roof was replaced in 2019. Price reflects the need for renovation and rehabilitation on the buildings. Currently 3 of the units are rented. Zoned Downtown District.

763995

MLS ID

October 18, 2024

Listed

October 21, 2024

Updated

Map

428 Mckenzie Avenue
Panama City FL, 32401

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.28 Acres


Roof

Metal

School Information

High School

Bay


Elementary School

Cherry Street

Other Property Details

Area Name

02 - Bay County - Central


Days on Market

4


Garage

No


View

Yes


View Description

Bayou


County

Bay


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

10/21/2024

Under contract

 

Courtesy of Counts Real Estate Group Inc, Cory E Herrman,
Listing Contact: (850) 381-2923 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Karen McCauley shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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