Panama City, FL 32404,5115 E 10th ST #A,B,C,D
Panama City, FL 32404,5115 E 10th ST #A,B,C,D
Panama City, FL 32404,5115 E 10th ST #A,B,C,D
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$850,000
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1.8 Acres Lot
Active

5115 E 10th ST #A, B, C, D Panama City, FL 32404

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision No Named Subdivision

MLS Listing ID 777481

HOA Y/N No

Year Built 1996

Lot Size 1.800 Acres

Acres 1.8

Property Sub-Type Multi Family

Property Description

Investment Opportunity - 4-Unit Quadplex on 1.8 Acres with Expansion PotentialThis rare multi-family property offers strong rental income and future growth opportunities. Sitting on 1.8 acres, it includes a four-unit townhome quadplex plus a rented mobile home, with plenty of space to add more units or amenities. Unit A is a spacious 3-bedroom, 2.5-bath home with approximately 1,400 square feet of heated and cooled space, a large fenced backyard, and a private pool. The remaining three units each feature 2 bedrooms, 1.5 baths, and approximately 903 square feet. All units are separately metered for water and electric, with tenants responsible for their own utilities. The mobile home on-site provides additional income, and the extra acreage offers excellent potential for future development, subject to local zoning. Conveniently located with easy access to Tyndall Air Force Base, shopping, and schools, this property is ideal for investors looking for immediate cash flow and long-term appreciation

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Heating Central, Electric

Cooling Central Air, Electric, Multi Units

Fireplace No

Exterior

Roof Type Shingle

Building

Entry Level Two

Foundation Slab

Level or Stories Two

Schools

Elementary Schools Parker

Middle Schools Everitt

High Schools Rutherford

Others

Tax ID 15012-000-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is


Listed by Think Real Estate

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agent

Randall Fisher

Broker | BDBK644509

+1(850) 249-2050

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5115 E 10th ST #A,B,C,D