1000 Transmitter Road

Off Market

1000 Transmitter Road

Springfield FL 32404

8310 sq. ft.

15682 sq. ft.

Multi-Family

Last sold for $1,250,000

Sulaiman Tariq, last sold this property on 16 October 2024 after 323 days on market.

Overview

Situated at 1000 Transmitter Rd, this property unveils a compelling investment opportunity featuring ten extensively renovated two-bedroom, one-bathroom units, each approved for Section 8 rentals at an attractive rate of $1300 per unit. Boasting contemporary amenities, including full-sized kitchens, washer and dryer hookups, separate metering, a 2019-permitted roof, 2020 water heaters, 2020 HVAC (excluding condensers), a new deck, updated sewer lines, wiring, and a refurbished parking lot with ample tenant parking, these 830 sqft units epitomize modern living. Nestled in the heart of Bay County, Florida, the city of Panama City has experienced a remarkable population surge, reaching 36, 775 residents in 2023--a 12.27% increase since the 2020 census. With an annual growth rate of 3.93%, Panama City stands as a testament to economic resilience, offering compelling prospects for both residents and businesses. The city's average household income of $70, 585 fosters financial well-being in the community. Additionally, the recent boost in military construction funding for Tyndall Air Force Base, reaching an impressive $3.4 billion, not only marks a pivotal moment in the base's recovery from Hurricane Michael but is expected to drive job growth and housing demand in the surrounding area, painting a promising economic landscape. As Tyndall AFB transforms into an ''installation of the future, '' this property at 1000 Transmitter Rd becomes not just a home but a strategic investment within a thriving community poised for economic revitalization. Parcels include 15029-085-000, 15029-085-001, & 15029-085-002

Features

20 bedrooms

10 bathrooms

8310 sq. ft. floor area

15682 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 20 bedroom multi families sold in Springfield over the last 12 months.

Property history for 1000 Transmitter Road

2024

Sold

$1,250,000

16 Oct 2024 by Sulaiman Tariq, of eXp Realty, LLC (CE - SR10 - Florida)

2017

Sold

$440,000

21 Apr 2017 by Lisa Felix, of Full Sail Realty

Happy sellers in Springfield

93%

93% of sellers in Springfield reported that their sale price either exceeded or met their price expectations.

Springfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Springfield over the last 12 months.

Local market activity for 20 bedroom multi families in Springfield

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Springfield for a market analysis.

Christina Daniels

at Keller Williams Success Realty

(106 reviews)

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Jessica Henrichsen

at REAL BROKER, LLC

(39 reviews)

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Zack Seltzer

at SELTZER REAL ESTATE

(68 reviews)

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Stephanie Ingram

at Counts Real Estate Group Inc

(52 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Springfield

Christina Daniels

Christina Daniels is an award winning recommended agent for Springfield. They have 36 local sales and collected 11 local reviews across the last 12 months.

5 (106 reviews)
11 Reviews in Springfield
36 Sales in Springfield

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Jessica Henrichsen

Jessica Henrichsen is an award winning recommended agent for Springfield. They have 13 local sales and collected 7 local reviews across the last 12 months.