215 Maine Avenue

Panama City, FL 32401

Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income-producing property includes two triplexes, offering a total of six units. The units consist of four 2-bedroom residences and two 1-bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well-maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities. Millville's rich history as a hub for lumber and shipbuilding in the late 1800s adds a charming backdrop to this investment. Rent rolls are available upon request, and the property is currently managed by ERA Neubauer Property Management for seamless operations. Schedule a showing today with your preferred real estate professional to explore this unique opportunity in a historic and charming location!

Listing courtesy of Kaci A Hawes of ERA Neubauer Commercial



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Emerald Coast Association of Realtors MLS.
Data last updated at: 2024-07-22 06:25 PM UTC