Presenting a lucrative investment opportunity at 118 Henry Ave, Panama City Beach, FL. This 1,218 sqft property, built in 1955 and renovated in 1995, features 3 bedrooms, 1 bathroom, with potential for an additional bathroom and laundry room (hookups in place). The metal roof was replaced in 2016, HVAC in 2017, and the hot water heater in 2017. Currently vacant and accessible by appointment, this property is ideally located just a 5-minute drive from beautiful beaches and the Pier Park Shopping Center. Offered at $285k with an ARV of $375k - $415k, it's perfect for a light rehab fix and flip or a high-income BRRRR strategy. Rental rates range from $2,400 - $2,800/mo. A $5k nonrefundable earnest money deposit is required for this cash-only purchase. For more information, contact Coreyonte Turner at 402-840-7321 or
[email protected]. Courtesy of Joe Homebuyer Gulf Coast.
