Address Withheld By Seller, Panama City, FL 32404

Local realty services provided by:Better Homes and Gardens Real Estate Historic
Address Withheld By Seller,Panama City, FL 32404
$850,000
  • 11 Beds
  • 10 Baths
  • 5,174 sq. ft.
  • Multi-family
  • Active
Listed by:dien and andrew group
Office:think real estate
MLS#:777480
Source:FL_BCMLS

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Price summary

  • Price:$850,000
  • Price per sq. ft.:$164.28

About this home

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

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Home facts

  • Year built:1996
  • Listing ID #:777480
  • Added:45 day(s) ago
  • Updated:September 25, 2025 at 07:55 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:10
  • Full bathrooms:6
  • Half bathrooms:4
  • Living area:5,174 sq. ft.

Heating and cooling

  • Cooling:CentralAir, MultiUnits
  • Heating:Central, Electric

Structure and exterior

  • Year built:1996
  • Building area:5,174 sq. ft.

Schools

  • High school:Rutherford
  • Middle school:Rutherford Middle
  • Elementary school:Parker

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$164.28
  • Tax amount:$6,174 (2024)
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