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26324610
26324620

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

$620,000
296 days on market
Updated 32 days ago

5115 E 10th Street #A,B,C,D

Details
APN 15012-000-000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,174
Year Built 1996
Acreage 1.800

Multifamily

Marketing description

Investment Opportunity - 4-Unit Quadplex on 1.8 Acres with Expansion Potential This 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
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