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$ 579,000
Est. payment /mo
New
1202 Pennsylvania AVE Lynn Haven, FL 32444
8 Beds
4 Baths
4,280 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,280 sqft
Price per Sqft $135
Subdivision Lynn Haven
MLS Listing ID 788463
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1998
Annual Tax Amount $4,818
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Introducing a very rare opportunity in Lynn Haven; a true wealth-building asset at 1202 Pennsylvania Ave. This quadplex offers the perfect blend of lifestyle, location, and long-term financial upside. Whether you're a seasoned investor or a buyer looking to break into real estate the smart way, this property checks every box. Live in one unit and rent out the other three; ideal for VA and FHA buyers looking to offset their mortgage, build equity, and create immediate cash flow. Opportunities like this are few and far between in this market. Positioned in one of Bay County's most desirable and steadily growing communities, Lynn Haven continues to see strong demand driven by its proximity to Panama City, local employers, and the Gulf Coast. The area boasts a population of over 20,000 residents with consistent growth and a median household income around $80K-$83K, supporting a stable and reliable rental pool. Tenants and owners alike will appreciate the convenience; just minutes from shopping, dining, schools, parks, and everyday essentials. With an average commute of roughly 5 minutes in the area, residents enjoy both accessibility and a quieter, residential feel outside the busier beach zones. For investors, this is a strong addition to any portfolio with multiple income streams under one roof and long-term appreciation potential in a high-demand rental market. For owner-occupants, this is your chance to live nearly mortgage-free while your tenants help you build wealth month after month. Multi-family opportunities like this in Lynn Haven are extremely limited; don't miss your chance to secure a property that offers both financial freedom and everyday convenience.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Additional Parking, Parking Lot
Fence Partial
Utilities Available Underground Utilities
Roof Type Composition,Shingle
Porch Balcony
Private Pool No
Building
Foundation Slab
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Lynn Haven
Middle Schools Mowat
High Schools Mosley
Others
Tax ID 10006-000-000
Listed by CENTURY 21 Commander Realty