Panama City, FL Apartment Buildings for Sale

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518 Everett Avenue

Panama City, FL 32401

Multi-Family

$949,000Size Upon Req.

101 Lot mobile home park with public water, sewer & electricity. Lot rentals average $215 per month, there are only four park owned homes.Tenant responsilble for their own utilities. Landlord expenses are minimal and only responsible for street light expense, property taxes, maintenance of paved streets. Huge upside in this park by purchasing used mobile homes and offering lease to purchae type leases. Average purchase and setup cost of a used mobile home is around $10-12k per home. Average rents for rental homes would be between $550-650 per month.

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4200 Cr 390

Panama City, FL 32404

Multi-Family

$1,400,000Size Upon Req.

Solid Investment opportunity with strong cash flow for Ammons RV & Mobile home park located in a excellent growth area directly across from the newly constructed Bay Haven Charter school and Horton Homes new subdivision. The park consist of (35) RV sites, (14) park owned homes, 45 travel home & boat storage rentals, laundry & bath building, small frame home & 1800 SF double wide in which the owner resides. The park has average yearly gross rents of $180-190k, yearly expenses run approximately $55-60k, net yearly income approximately $120,000. There is some undeveloped land for park expansion. The park is zoned Commerical-3 which makes it ideal for future redevelopment as this part of 390 East continues to expand with new development. Park has public water & (11) septic systems. RV sites average rent is $350 per month, landlord pays all utilities. Mobile homes are individually metered for electricity in which the tenant pays. Seller states these are accurate income & expense figures for buyer to make offer, seller will provide actual historical (3) year income & expenses during due diligence period. Seller may divide. All information deemed reliable, please verify for accuracy

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6604 Tillman Road

Southport, FL 32409

Multi-Family

$122,000Size Upon Req.

This mobile home park is very well maintained and rents well. The park includes 3 owned homes and 5 lot rentals. Currently the three homes are rented and two of the pads are rented. Monthly gross income is $2,040.00. Landlord pays for Common area electric ($50 mos) and garbage ($70 mos). The neighborhood is good and the park is very close to everything. This is a good income opportunity with even greater potential for future values.Sale includes two parcels 08492-022-000 and 08492-023-000.

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295 Nelle Street

Panama City, FL 32404

Multi-Family

$4,400,00082,816 SF

Ava Kay Townhomes is a 64 unit out of 68 unit Class-B townhome community located in beautiful Panama City, which is within Bay County, Florida. The property is situated on Nellie Street with frontage on major east/west thoroughfare, Wewa Highway, which offers connectivity to the entire Panama City MSA, downtown area, and world famous gulf coast beaches. Built in 2007, Ava Kay Townhomes is situated on an attractive 4.54 +/- acre site, and is comprised of 17 two-story residential buildings. The property also offers a competitive amenity package, which includes, but is not limited to, additional storage, children' s playground, large picnic area with barbecue grills, and serene wooded views. The unit interiors also feature washer/dryer connections in all units, fully equipped kitchens with dishwashers and microwaves, ceiling fans, spacious walk-in closets, and private patios or balconies. Ava Kay Townhomes offers a variety of spacious, open floorplans consisting of entirely three-bedroom/two-bathroom units with 1,294 rentable square feet.

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409 Airport Road

Panama City, FL 32405

Multi-Family

$448,900Size Upon Req.

" 15 mobile homes and 1 single family rental property available on 1.60 acres " Zoning: General Commercial 2 " Adequate parking available " Tax ID#: 14283-000-000/ 14282-000-000

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149 Sims Avenue

Panama City, FL 32404

Multi-Family

$475,000Size Upon Req.

Excellent opportunity to own income producing Mobile Home Park, with 29 Pad Sites and 14 Mobile Homes that concey with Park. The Park has a proven track record and has been owned by the same owner for over 10 years.

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1424 Beck Avenue

Panama City, FL 32401

Multi-Family

$299,0008,365 SF

1.27 acre parcel directly on Beck Avenue located between St Andrews Marina and Highway 98. It currently has ten buildings, three commercial and seven residential cottages in use. The commercial units are vacant and need refurbishment. The property is L-shaped with approximately 268 feet of frontage on Beck Avenue and 135 feet of frontage on Chestnut Avenue. The highest and best use is for commercial with access to both streets. Great location near Gulf Coast State College, FSUPC, and Port of Panama. Historic St. Andrews is a community of Panama City, Florida, along the beautiful St. Andrews Bay. St. Andrews is both a Community Redevelopment Area (CRA) and a state-designated Waterfronts Florida Community. The CRA currently has funds available to improve the property (subject to change at anytime).

Panama City, FL Apartment Buildings for Sale

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