Central Bay Realty and Property Management LLC
Listed by Central Bay Realty and Property Management LLC
$1,500,000
810 E 25th Street
Details
APN 12942-010-000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 9,120
Year Built 1970
Acreage 1.110
Multifamily
Marketing description
Turnkey Multi-Family Investment Opportunity - 8 Units in the Heart of Panama City
Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways.
Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include:
New roofs
New PVC plumbing from fixtures through the slab and out to the exterior
PEX water lines throughout
Spray foam insulation on the roof deck for enhanced energy efficiency
New HVAC systems and ductwork
New appliances
All new sheetrock
New plumbing fixtures
New lighting fixtures
New electrical service and wiring
New flooring throughout
Indoor laundry rooms in every unit
Strong Income-Producing Asset
Monthly Gross Income: $12,000
Annual Gross: $143,700
All eight units are currently leased, making this a true turnkey investment with immediate cash flow and minimal deferred maintenance. Opportunities to acquire a fully renovated, stabilized multi-family portfolio in this location are rare.
Whether you're expanding your rental portfolio or seeking a high-demand income property, this offering checks all the boxes
Listing Contacts
Central Bay Realty and Property Management LLC
Listed by Central Bay Realty and Property Management LLC
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Zoning
MU-2 MixedMixed UseMixed Use 2
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View all 25 uses Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics
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