Panama City Apartment Buildings for Sale

Property Photo 1 photo

6604 Tillman Road

6604 Tillman Road, Southport, FL 32409

Size Upon Req.$122,000

Multi-Family

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.

Property Photo 6 photos
6 photos

4200 Cr 390

4200 Cr 390, Panama City, FL 32404

Size Upon Req.$1,400,000

Multi-Family

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

Property Photo 3 photos
3 photos

149 Sims Avenue

149 Sims Avenue, Panama City, FL 32404

Size Upon Req.$475,000

Multi-Family

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.

Property Photo 7 photos
7 photos

1424 Beck Avenue

1424 Beck Avenue, Panama City, FL 32401

8,365 SF$599,000

Multi-Family

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.

Panama City Apartment Buildings for Sale

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