2711 Ormond Avenue, Panama City, FL 32405 For Sale

Rent Info:

Potential Gross Rent: $16,313/month

Potential NOI: $177,122

Deal Highlights

🏡 10 Newer Mobile Homes on 2.41 Acres – Well-maintained mobile home park featuring 10 homes built between 2018-2020 across a 2.41-acre property.

💰 Strong Income Potential – Projected gross rent of $16,313/month with an estimated NOI of $177,122/year, offering attractive cash flow.

🔌 Separate Utility Meters – Each home has its own water and electric meter, helping reduce owner expenses and simplify management.

📦 Additional Storage Building – Centrally located storage building provides added functionality for maintenance, equipment, or tenant use.

📍 Prime Panama City Location – Conveniently located on Ormond Ave near shopping, restaurants, schools, healthcare, and major employment centers.

🛣 Easy Accessibility – Direct road access with quick connections to major commercial corridors throughout Panama City.

📈 High-Demand Affordable Housing – Bay County continues to experience strong demand for quality, affordable housing, supporting long-term occupancy and rental growth.

🏗 Turnkey Investment Opportunity – Newer construction, individually metered units, and stabilized rental potential make this an ideal income-producing asset.

🚫Showing property visits by appointment only.

📲 Call\ Text to schedule

Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.

We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.

All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.