4525 Carla Lane, Panama City, FL 32405
- Beds
- 12
- Baths
- 7
- Sqft
- 4,656
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
This property is a MULTI-FAMILY INVESTOR and DEVELOPERS DREAM! This 5-acre parcel currently brings in $4,000/month in income and has incredible potential for future development.
Positioned in Lynn Haven, recently named one of the TOP 10 places to live in Florida, you'll find 5 acres zoned Medium Density that currently holds MULTI-FAMILY investment properties where all structures are occupied by tenants. Bringing in $4,000/month in income, this is a PRIME opportunity to cash flow from day 1 and hold the property for future development.
4525 Carla Lane offers 5 acres, zoned Medium Density Residential and density is 4-10 units per acre. Zoned for single family homes, duplexes, multi-family or group home - the possibilities are endless with this future development opportunity. 4525 Carla Lane offers 5 acres, zoned Medium Density Residential and density is 4-10 units per acre. Zoned for single family homes, duplexes, multi-family or group home - the possibilities are endless with this future development opportunity.
This property includes 5 structures and are all occupied by tenants at this time. There is also a 30'x60' garage with 4 bays and roll-up garage doors. This garage is currently being used for storage by Owner but leaves opportunity to bring in additional income, if rented.
This property is located less than 1/2 mile from Trane Technologies and the Lynn Haven Sports Complex, within a few miles of Publix, Dollar General and dining and within 2 miles of North Bay Haven Charter Academy.
All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 1
- Number of bedrooms
- 12
- Number of bathrooms
- 7
- Square feet
- 4,656
- Lot size (acres)
- 5
- Year built
- 1985
Exterior features
- Water view
- Yes
Garage and parking
- Garage parking spaces
- 4
Utilities
- Cooling
- Window unit(s), Wall/window unit(s)
- Sewer
- Septic tank, Public sewer
- Water
- Public, Well
Taxes
- Tax Annual Amount (2024)
- $4,344.34
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Emerald Coast Association of REALTORS MLS®#: 964964
