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5115 E 10th Street, Unit A,B,C,D, Panama City, FL 32404

$620,000
  • 5115 E 10th Street, Unit A,B,C,D, Panama City, FL 32404 Main Photo

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BEDS11 BATHS6 full 4 partial SQUARE FEET5,174 MLS#777480
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

5115 E 10th Street, Unit A,B,C,D | MLS# 777480

This multi-family property located at 5115 E 10th Street, Unit A,B,C,D, Panama City, FL 32404 is currently listed for sale with an asking price of $620,000. Search Panama City real estate on www.premierfl.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Multi Units
Heating: Central, Electric
Roof Type: Shingle
Taxes: $6,174
Year Built: 1996

Amenities

Patio

Feature Descriptions

Appliances: Electric Range
Days on Site: 297
Exterior: Stucco
Fencing: Partial
Lot: Paved
Parcel#: 15012-000-000
Parking: Additional Parking, Paved
Parking Notes: Additional Parking, Paved
Patio/Porch: Patio, Open, Porch
Pool: Gunite, In Ground, Private
Security: Fire Alarm
Sewer: Public Sewer
Swimming Pool: Yes
Utilities: Cable Connected, Electricity Available, Phone Connected

Room Sizes

Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second

Local Schools

High School: Rutherford
Middle School: Rutherford Middle
Elementary School: Parker

Listed By / Shown By

Listed By

Agency Name: Think Real Estate

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 2,075.18 per month $1,379.85 Principal & Interest $514.50 Property Tax $180.83 Homeowner's Insurance

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