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2525 Michigan Court, Panama City, FL 32405
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2525 Michigan Court
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Priced at Only: $205,000
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Address: 2525 Michigan Court, Panama City, FL 32405
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  • MLS#: 770629 ( Residential )
  • Street Address: 2525 Michigan Court
  • Viewed: 10
  • Price: $205,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 0
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 74
  • Additional Information
  • Geolocation: 30.1942 / -85.7069
  • County: BAY
  • City: Panama City
  • Zipcode: 32405
  • Subdivision: No Named Subdivision
  • Elementary School: Lucille Moore
  • Middle School: Jinks
  • High School: Bay
  • Provided by: LSI REALTY & MANAGEMENT LLC
  • DMCA Notice
  • Description
    Looking for a hassle free investment property with immediate rental income? This charming 2 bedroom, 2 bathroom home at 2525 Michigan Ct, Panama City, FL is already leased to great tenants, making it the perfect turnkey opportunity!Situated in a convenient location near shopping, schools, and entertainment, this well maintained home features central air and heating and an attached garage. The brick exterior and shingle roof add to its durability, ensuring long term value.With steady rental income of $1,500/month, low property taxes, and an estimated 8.6% cap rate, this is a fantastic addition to any investor's portfolio. Don't miss out on this income producing property in a growing market!
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 880.00
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Lucille Moore
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: None
Utilities
  • Carport Spaces: 0.00
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Furnished: Unfurnished
  • Legal Description: MICHIGAN COURT LOTS 14 & 15 BLK B ORB 1103 P 657 MAP 79A
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 27016-950-000
  • Style: Contemporary
  • The Range: 0.00
  • Views: 10
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Headshot for Associate Natalie Gorse
  1. Natalie Gorse, REALTOR ®
  2. Tropic Shores Realty
  3. Office: 352.684.7371
  4. Mobile: 352.584.7611
  5. Fax: 352.584.7611
  6. nataliegorse352@gmail.com