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#A,B,C,D Panama City, FL, United States 32404

Prime Investment Property - Quadplex + Mobile Home on 1.8 Acres with Room to ExpandDon'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.

Amenities

  • Bedrooms: 11
  • Full Bathrooms: 6
  • Partial Bathrooms: 4
  • Property Type: Residential Multi Family
  • Year Built: 1996
  • Built in 1996
  • Home size: 5,174 ft2 / 480.68 m2
  • MLS: 777480
  • Status: Active
Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Think Real Estate

(850) 270-4200

Get more listing details on brokerage site

Presented by Dien And Andrew Group

  • (850) 270-4200 (Office Phone)

Contact Dien And Andrew Group

Contact Agent

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