341 N East Ave, PANAMA CITY

$87,900

3 Beds
2 Baths
1,031 Sqft
0 Acre
0 Garage

This house is completely gutted as the photos may show, but what's more important is the $15,000 engineer plan the seller paid for with MK Weber Engineering LLC. The new plan shows a 3bed/2bath floor plan with additional square footage which changes the ARV of the house. This coupled with the house being on a large corner lot makes it a great investment!!!! This is a great opportunity for any seasoned investor to take on. The seller got an estimate of 75k to repair which is about $75 a square foot. The house and be resold anywhere $210-$225 a square which is an affordable price point for a lot of future buyers in this demographic.

Essential Information
MLS® #942454
Price$87,900
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,031
Acres0.00
Year Built1940
TypeResidential
Sub-TypeDetached Single Family
StyleTraditional
StatusActive
Community Information
Address341 N East Ave
AreaBay County
SubdivisionPINE CREST ADDN TO CALLAWAY
CityPANAMA CITY
CountyBAY
StateFL
Zip Code32401
Amenities
UtilitiesPublic Sewer Available
Interior
HeatingHeat - None
CoolingAC - None
# of Stories1
School Information
ElementarySpringfield
MiddleEveritt
HighBAY
Additional Information
ZoningResidential Multi-Family
HOA Fees0.00
Listing Details
OfficeSalty Marlin Realty
Property History
Price Reduced from $88,000 to $87,900
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Listing information last updated on April 28th, 2024 at 2:15pm CDT.