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Address Not Available By Request

Panama City, FL 32404
  • $850,000
  • STATUS: Active
  • ON SITE: 118 Days
  • MLS #: 777480
UPDATED: 100 min ago
$850,000
  • 11
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 4
    1/2 BATHS
  • 5,174
    SQFT
  • $164
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1996
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Prime Investment Property - Quadplex + Mobile Home on 1.8 Acres with Room to Expand Don't miss this exceptional investment opportunity just minutes from Tyndall Air Force Base. Situated on 1.8 acres, this property offers immediate rental income and outstanding future development potential. The centerpiece is a four-unit townhome quadplex, anchored by a spacious 3-bedroom, 2.5-bath unit boasting approximately 1,300 square feet of heated and cooled living space, a large fenced backyard, and a sparkling private pool. The other three units each feature 2 bedrooms, 1.5 baths, and approximately 936 square feet, all well-maintained and tenant-occupied. Adding even more value, the property includes a 3-bedroom, 2-bath mobile home with 1,064 square feet, currently generating steady rental income. All residences are separately metered for water and electric, with tenants paying their own utilities, maximizing profitability for the owner. With nearly two acres of land, there's ample room to build additional units or enhance amenities, subject to local zoning approval. Its prime location provides quick access to shopping, dining, schools, and major routes, making it highly attractive to both tenants and investors alike. Whether you're seeking a stable income-producing asset or a development project with huge upside, this property delivers on all fronts.

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2025-12-08T00:03:53.533.
www.scenicsir.com/homes/166800768
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Address Not Available By Request Panama City, FL 32404

  • Price: $850,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 100 min ago
  • MLS #: 777480
11
Beds
6
Baths
4
½ Baths
N/A
Acres
5,174
SQFT
$164
$/SQFT
1996
Built
Neighborhood:
No Named Subdivision
County:
Bay
Area:
Bay County-Central
Elementary School:
Parker
Middle School:
Rutherford Middle
High School:
Rutherford
Property Description
Prime Investment Property - Quadplex + Mobile Home on 1.8 Acres with Room to Expand Don't miss this exceptional investment opportunity just minutes from Tyndall Air Force Base. Situated on 1.8 acres, this property offers immediate rental income and outstanding future development potential. The centerpiece is a four-unit townhome quadplex, anchored by a spacious 3-bedroom, 2.5-bath unit boasting approximately 1,300 square feet of heated and cooled living space, a large fenced backyard, and a sparkling private pool. The other three units each feature 2 bedrooms, 1.5 baths, and approximately 936 square feet, all well-maintained and tenant-occupied. Adding even more value, the property includes a 3-bedroom, 2-bath mobile home with 1,064 square feet, currently generating steady rental income. All residences are separately metered for water and electric, with tenants paying their own utilities, maximizing profitability for the owner. With nearly two acres of land, there's ample room to build additional units or enhance amenities, subject to local zoning approval. Its prime location provides quick access to shopping, dining, schools, and major routes, making it highly attractive to both tenants and investors alike. Whether you're seeking a stable income-producing asset or a development project with huge upside, this property delivers on all fronts.
Exterior Features

Attached Garage YN No Exterior Features Patio Fencing Partial Garage YN No Lot Features Paved Patio And Porch Features Patio Open Porch Pool Features Gunite In Ground

Interior Features

Appliances Electric Range Cooling Central Air Multi Units Cooling YN Yes Heating Central Electric Heating YN Yes Parking Features Additional Parking Paved Rooms Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Units Furnished None

Property Features

Association YN No Listing Service Full Service Lot Size Dimensions Irregular New Construction YN No Occupant Type Occupied Property Sub Type Multi Family Property Sub Type Additional Multi Family Security Features Fire Alarm Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 6174 Tax Year 2024 Utilities Cable Connected Electricity Available Phone Connected Zoning Description Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Think Real Estate: 850-270-4200. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2025-12-08T00:03:53.533.
 
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3305 West County Highway 30A
Santa Rosa Beach FL, 32459