6908 Lagoon Dr., Panama City Beach, FL 32408

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Property Information

$1,100,000

Estimated Monthly Payment: $4,075

20.00% down at 3.75% - Change

Commercial Building

Foreclosure

46 Bedrooms

23 Full Baths

23 Half Baths

ID# 505506

Year Built: 1984

On HomeFinder.com 07/07/12

Mortgage Rates

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32408 Real Estate Market Info

Median years in residence
7
Homes Owned
38.16%
Homes Rented
21.51%
Homes Vacant
40.32%

Nearby Elementary Schools

Nearby Middle Schools

1005 Fortune Ave

2350 Frankford Ave

Nearby High Schools

550 N Alf Coleman Rd

2350 Frankford Ave

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Description

Multi Family Commercial buildings... Two 2 story buildings, 11 unit residential condo-conversion plus 12 unit apartment building on approximately 1. 5 acres across from North Lagoon. Condo units are 1050+ sq ft featuring 2 bedroom 1. 5 bath floor plan in desirable North Lagoon neighborhood. 10 Condos have been upgraded with stainless appliances, ceramic tile. Both buildings have new galvanized metal roofs, new lift stations/pumps. Sunset Lagoon has new parking lot, landscaping,patio fencing and has recently been painted. Both buildings are on city water and sewer and both buildings retain approximately 100% rental occupancy at time of listing. 11 UNITS RENT FOR $800 PER MONTH, 12 UNITS RENT FOR $700 PER MONTH. All sizes are approximate. Please verify if important. Please do not have any direct contact with Tenants.

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Exterior Details

Lot Size
Approximately 65340 Square Feet

Utilities

Heating
Electric

Need More Information?

Era Neubauer Real Estate Inc

P (850) 230-3665

Listing Agent: Keith Mollman

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Panama City, FL Homes for Sale & Real Estate
This home for sale located at 6908 Lagoon Dr., Panama City Beach, FL 32408 has currently been listed with HomeFinder for 322 days. This property is listed by Keith Mollman for $1,100,000. 6908 Lagoon Dr., Panama City Beach, FL 32408 has 46 Bedrooms, 46 Bathrooms and is located in Zip Code 32408 . The list price for 6908 Lagoon Dr., Panama City Beach, FL 32408 is $1,100,000 .
About HomeFinder.com: HomeFinder.com is a real estate search engine that helps you find homes for sale and provides rich Panama City real estate news and advice on the home buying and selling process. We provide searching of 3 million listings nationwide and also help you understand hyperlocal Panama City, FL real estate trends. You can refine your real estate search in Panama City, FL by price, number of bedrooms and bathrooms, and even more advanced search criteria such as swimming pools and golf courses. You can also modify your search by property type, including Panama City townhomes, Panama City condos and Panama City single-family homes for sale.
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