218 N Kimbrel Ave, Panama City, FL 32404

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
218 N Kimbrel Ave,Panama City, FL 32404
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  • 0 Acres
  • Lots / Land
  • Active
Listed by: william mignucci
Office: apex capital realty llc.305-570-2600
MLS#:A12070986
Source:SEFMLS

Price summary

  • Price:

About this home

Manufactured housing portfolio consisting of eight parcels located in Panama City and Chipley, Florida. Six parcels are currently income-producing with 27 occupied units generating approximately $489,600 in annual gross rental income. The portfolio also includes two vacant parcels offering future development potential. The property mix includes newer manufactured housing communities built in 2021 and 2023, providing stabilized cash flow alongside value-add opportunities. Additional upside exists through vacant homes, available pads, expansion land, and an entitled development site in Panama City approved for up to eight additional units. The portfolio may appeal to investors seeking a combination of current income and future growth potential through infill, expansion, and development opportunities. Contact listing broker for additional information regarding property details, financials, and lease structures.

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Home facts

  • Subdivision & Development:Kimbrel Place Estates
  • Listing ID #:A12070986
  • Updated:September 29, 2026 at 10:07 AM

Finances and disclosures

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Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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