See Home Value
$338,000 - $412,000
Multifamily - Off Market

405 E 4th Street

Panama City, FL 32401
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2080 Sqft

About This Property

Spectacular WATERFRONT property nestled along Massalina Bayou offers effortless access to deep waters for fishing and memorable days at Shell Island! This fantastic opportunity includes the adjacent vacant corner lot at 403 E 4th St, which is ready for development. You'll have a generous 168.8 feet of combined water frontage, making it a waterfront dream.Located just steps from the charming attractions of historic downtown Panama City, this quadriplex features one-bedroom, one-bathroom units with long-term tenants in place. While it requires some tender loving care, there's immense potential waiting to be unlocked.The property boasts a brand-new roof installed in July 2020, ensuring solid protection. However, some interior updates are needed due to water damage incurred prior to the roof replacement. With its prime location and incredible possibilities, this property is an exciting prospect for savvy investors.

The manager has listed the unit size as 2080 square feet.
Unit Size
2,080Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$180
Property Type
Multifamily
Property Taxes
$164
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Apr 3, 2024 No longer available -
No longer available
Nov 21, 2023 In contract -
In contract
Nov 9, 2023 Listed $375,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,840 ft²
$168/ft²
$310,000 Oct 28, 2023
$310,000 Apr 8, 2024
$433/mo
Quadruplex
4 Beds
4 Baths
2,080 ft²
$180/ft²
$375,000 May 10, 2024
-
$195/mo
House
4 Beds
2 Baths
2,076 ft²
$205/ft²
$425,000 Feb 23, 2024
-
-
House
4 Beds
3 Baths
2,205 ft²
$163/ft²
$359,000 May 25, 2024
-
$302/mo
House
3 Beds
2.5 Baths
1,900 ft²
$224/ft²
$424,900 Dec 15, 2023
-
$37/mo
House
3 Beds
2 Baths
1,575 ft²
$270/ft²
$425,000 May 8, 2024
-
$252/mo
House
3 Beds
1 Bath
1,252 ft²
$260/ft²
$325,000 Jun 6, 2024
-
$53/mo
House
3 Beds
2 Baths
1,152 ft²
$313/ft²
$359,999 May 13, 2024
-
$288/mo
Other
Loft
2 Baths
2,076 ft²
$205/ft²
$425,000 Oct 3, 2023
-
$301/mo
House
2 Beds
1 Bath
1,203 ft²
$291/ft²
$349,900 Mar 4, 2024
-
$111/mo
Condo
1 Bed
1 Bath
656 ft²
$577/ft²
$378,250 Mar 29, 2024
-
$991/mo
Condo
1 Bed
1 Bath
656 ft²
$591/ft²
$387,500 Mar 29, 2024
-
$991/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231109
11/09/2023
4 Bed
4 Bath
2080 ft²
$375,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2080 ft²
$365,000 -2.67%
03/15/2024
Nathan Lawrence
Keller Williams Success Realty
20210423 Unit 4
04/23/2021
4
4 Bed
4 Bath
2080 ft²
$375,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2080 ft²
-
-
-
-
20200722
07/22/2020
4 Bed
4 Bath
2080 ft²
$375,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2080 ft²
-
-
-
-

Building Info

405 4th Street East 405 4th Street East, Panama City, FL 32401
  • 1 Unit for Sale
More about this Building
405 4th Street East
Want to find out who owns 405 4th Street East, Panama City, FL 32401? Get detailed property transactions here .

About Bunkers Cove


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