Discover the potential of this unique quadplex property situated on a spacious lot with a convenient circular driveway that easily accommodates six vehicles. Perfectly positioned near the beautiful Emerald Coast, marinas, and local waterfront attractions, this property offers both immediate rental income potential and exciting possibilities for future expansion. Currently configured as a four-unit property featuring one larger three-bedroom unit along with three efficiency units, this versatile layout provides flexibility for long-term rentals, short-term vacation stays, workforce housing, or a combination of income streams. With a little TLC and vision, the property may offer the opportunity to reconfigure or expand to five or even six units, creating even greater income potential. The generous lot and circular drive make access and parking easy for tenants and guests, while the location places residents just minutes from some of the area's most desirable destinations. Enjoy close proximity to St. Andrews State Park, the beach, marinas, boat launches, waterfront dining, shopping, and entertainment, making this an appealing property for both residents and vacation renters. Whether you are an investor looking to increase cash flow, expand your portfolio, or develop a coastal income property, this opportunity offers endless possibilities in a highly sought-after coastal location. Don't miss the chance to bring your vision to life and maximize the potential of this multi-unit property near the water and the heart of everything the Emerald Coast has to offer.
Listed By
Agency Name: LPT Realty LLC
Shown By
Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark
Estimated Payment
$ 1,668.88 per month $1,179.33 Principal & Interest $335.00 Property Tax $154.55 Homeowner's Insurance
5225 Long John Drive | MLS# 786804
This multi-family property located at 5225 Long John Drive , Panama City, FL 32408 is currently listed for sale with an asking price of $529,900. Search Panama City real estate on www.livelovephilly.com today.