Panama City, FL Apartment Buildings for Sale

7 properties available.
9 photos

3409 W 19th Street

Panama City, FL 32405

Multi-Family

$575,00014,468 SF

Elderly seller is very motivated and will finance with $250,000 down payment! Seller will provide old income history when she was operating as assisted living facility in 2010, otherwise no current financials. 14,468 square foot commercial building in Historical St. Andrews which includes 40 rooms with a commercial kitchen and beautiful outside patio's for relaxing. This building has numerous business possibilities such as motel/hotel, assisted living facility, independent care facility, dormitory or apartment building. The property was originally designed for a 66 bed nursing home with 21 half baths and 5 full baths and was previously state licensed for assisted living facility. This building is fully furnished and could easily be re-opened from a equipment/furnishing standpoint for somekind of assisted living facility. Building is priced to sell at only $37 psf, could not even come close to building this today for this price. Being sold as is with right to inspect. All information deemed reliable, please verify for accuracy. --------------------------------------------------------------------------------

2 photos

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.

6 photos

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

4 photos

409 Airport Road

Panama City, FL 32405

Multi-Family

$439,000Size 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

23 photos

744 Helen Avenue

Panama City, FL 32401

Multi-Family

$425,000Size Upon Req.

Rental Income Mobile Home park For Sale. Consisting of 3 houses and 8 mobile homes one of which is Tenant owned with a Note to Seller which will convey. Potentially room for additional mobile homes. NOI of $5,779 per month. Please do not disturb the Tenants. Call for showing appointment.

4 photos

1613 Fairy Avenue

Panama City, FL 32405

Multi-Family

$199,9003,000 SF

4-UNIT APARTMENT BUILDING, ALL ARE 2 BEDROOM 1 BATH. UNITS CURRENTLY RENT FOR $495 PER MONTH

4 photos

8620 Lorento Street

Panama City Beach, FL 32408

Multi-Family

$197,400Size Upon Req.

CASHFLOW AND A GREAT DEVELOPMENT OPPORTUNITY 237 FT ON LAURIE AVE!!!! - GREAT DEVELOPMENT POTENTIAL -- SIX RENTAL UNITS IN A HIGH DEMAND AREA - ACCESS ON TWO STREETS - POSSIBLE OWNER FINANCING - LOT IS 150X237.

Panama City, FL Apartment Buildings for Sale

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