5115 E 10th Street #A,B,C,D
Panama City, FL 32404
1.80 acres | #777481
Description
Investment Opportunity - 4-Unit Quadplex on 1.8 Acres with Expansion PotentialThis rare multi-family property offers strong rental income and future growth opportunities. Sitting on 1.8 acres, it includes a four-unit townhome quadplex plus a rented mobile home, with plenty of space to add more units or amenities. Unit A is a spacious 3-bedroom, 2.5-bath home with approximately 1,400 square feet of heated and cooled space, a large fenced backyard, and a private pool. The remaining three units each feature 2 bedrooms, 1.5 baths, and approximately 903 square feet. All units are separately metered for water and electric, with tenants responsible for their own utilities. The mobile home on-site provides additional income, and the extra acreage offers excellent potential for future development, subject to local zoning. Conveniently located with easy access to Tyndall Air Force Base, shopping, and schools, this property is ideal for investors looking for immediate cash flow and long-term appreciation
Property Details
- SubdivisionNo Named Subdivision
- Property TypeMulti-Family
- Short SaleListed As Is
- Property SubtypeMultiFamily
- High SchoolRutherford
- Original List Price$850,000
- Middle SchoolEveritt
- Elementary SchoolParker
- MLS #777481
- Cost850000
- MLS #777481
- Year Built1996
- FoundationSlab
- Acres1.8
- CountyBay
- Days on Market (Cumulative)4
Location
Legal
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Last Updated: . Source: CPAR
Listing Courtesy
Listing Agent: Dien and Andrew Group (#TEDAG)
Listing Office: Think Real Estate (#TRE1)
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