Quadplex with Mobile Home on 1.8 Acres Near Tyndall Afb

USD $850,000
Panama City, Florida, USA

Property Highlights

  • Four-unit quadplex with separate meters
  • Large fenced backyard with private pool
  • Includes 3-bedroom, 2-bath mobile home
  • Nearly 2 acres with expansion potential
  • Close to Tyndall Air Force Base
  • Immediate rental income from occupied units

Overview

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 room to build additional units or enhance amenities, subject to local zoning approval. Its prime location provides quick access to shopping, dining, schools, and major routes, making it highly attractive to both tenants and investors alike. Whether you're seeking a stable income-producing asset or a development project with huge upside, this property delivers on all fronts.
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Property Features

Panama City, Florida, USA offers the following features:

Bedrooms: 11
Bathrooms: 6 Full | 4 Half
Property Type: Residential Multi Family
Status: Active
Reference ID: 777480

What's Nearby

Local businesses near Panama City, Florida, USA:

Public Transportation: < 1 mile
Gym: < 1 mile
Grocery/Shopping Center: < 1 mile
School: 1 mile
Police Station: 1.3 miles
Hospital: 3 miles

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