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922 E Mercedes Ave

By Owner
PANAMA CITY, FL, 32401
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Property Description

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1 Bedrooms

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3.0 Baths

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4,242 SQ FT

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0.38 Acres

$145,000

About this home

Experience the potential of a transformative opportunity with this single-family home, offering a wealth of possibilities for a savvy investor. Currently, the 4,242 sqft space presents the option for expansion into a multi-family dwelling with some TLC. Although the building has suffered hurricane damage, let it not detract you from the true value in the offer - the land itself. The asset is sold "AS IS," standing proudly on three 40x140 lots, one of which covets the coveted status of a corner lot. This placement provides you with ample freedom to realize your vision on this 0.38-acre property. Despite the current circumstances, about 700sqft of this area inhabits a livable environment featuring a kitchen and a full bath. Imagine the potential, grasp the possibility and harness the future fortunes of this wonderful property. Keep an open mind, see past the current conditions, and take this as an invitation to reimagine and reinvent. If you're an investor seeking a project with tons of upside, this property could very well be your canvas - ready for you to make your mark. Photos are available for viewing, providing a clear overview of the current structure and surrounding land.

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