Investor Alert! Coral Bay Village Unit 9 Approved Short Sale $122,000!
UPDATE: Buyer just walked. Short sale is approved!
Coral Bay Village Unit 9 at 100 Downing Street in Panama City Beach is an investor’s dream. This property is going to hit the market shortly and we are alerting our investors first! This unit is in excellent condition and is rental ready for a long term tenant. This 3 Bedroom 2 and 1/2 Bath Town Home has an estimated Cap Rate of 9.29% with only 20% down.
This West Indies style unit is a corner duplex in a 16 unit duplex/triplex community with brick paver street, lush landscaping, and community pool. This home features 12′ ceilings, stainless steel appliances, downstairs completely tiled, white bead board cabinetry in kitchen, wood on stairway and upstairs hallway. The upstairs features 12′ ceilings, carpet in master and guest bedroom, tile baths, stack washer/dryer. Coral Bay Village is a great location with close proximity to the beach, shopping and dining.
Located on the western end of Panama City Beach close to Scenic 30A and Pier Park. This duplex will make an excellent investment property or primary residence.
For more information on Coral Bay Village Unit 9 please call Craig 850-259-1788 or Tracy 850-259-4270 or email us info@teambaranowski.com.
Coral Bay Village Unit 9 Investor Analysis – Cash Flow, Holding Costs, Cap Rate
Panama City Beach Short Sales for Sale
Coral Bay Village Unit 9 100 Downing Street Panama City Beach 3 Bedrooms | 2.5 Baths 1,450sf Built in 2006 HOA $170.33 / month Offered at $122,000 Short Sale
