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5115 10th Street A,b,c,d
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PRICED AT ONLY: $850,000

Address: 5115 10th Street A,b,c,d, Panama City, FL 32404

Description

Prime Investment Property Quadplex + Mobile Home on 1.8 Acres with Room to ExpandDon'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.

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More Like This
  • MLS#: 777480 ( Residential )
  • Street Address: 5115 10th Street A,b,c,d
  • Viewed: 28
  • Price: $850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1996
  • Bldg sqft: 0
  • Bedrooms: 11
  • Total Baths: 10
  • Full Baths: 6
  • 1/2 Baths: 4
  • Days On Market: 42

Description

Prime Investment Property Quadplex + Mobile Home on 1.8 Acres with Room to ExpandDon'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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Patio
  • Fencing: Partial
  • Living Area: 5174.00
  • Roof: Shingle
Land Information
  • Lot Features: AdditionalLandAvailable, Cleared
School Information
  • High School: Rutherford
  • Middle School: Rutherford Middle
  • School Elementary: Parker
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking, Driveway, Paved
Eco-Communities
  • Pool Features: Gunite, InGround, Pool, Private
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, Electric, MultiUnits
  • Heating: Central, Electric
  • Road Frontage Type: CountyRoad
  • Utilities: CableAvailable, CableConnected, TrashCollection
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricRange
  • Furnished: Unfurnished
  • Legal Description: 1 4S 14W -91- 118A4 BEG 360' S & 500' E OF NW COR OF SE1/4 E 300' S 90' W 100' S 160' W 100' S 50' W 122' N 95' W 100' S 95' W 78' N 210' E 200' N 9 0' TO POB LESS MTG PRCLS PER REQUEST OF MR T 91.1-91.2-91.3 ORB 4666 P 801
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 15012-000-000
  • The Range: 0.00
  • Unit Number: A, B, C, D
  • Views: 28
Nearby Subdivisions
[no Recorded Subdiv]   Aleczander Preserve   Avondale Estates   Barrett's Park   Baxter Subdivision   Bay County Estates Phase Ii   Bay County Estates Unit 1   Bay Front Unit 2   Bay Front Unit 6   Bayou Estates   Bayou Oaks Estates   Baywinds   Bridge Harbor   Brighton Oaks   Brittany Woods Park   Britton Woods   Brook Forest U-1   Bylsma Manor Estates   C A Taylor's 2nd Addition Cala   Ca Taylors 2nd Add   Callaway   Callaway Bayou Est   Callaway Bayou Estates Unit 2   Callaway Corners   Callaway Forest   Callaway Forest U-2   Callaway Pines Estates   Callaway Point   Callaway Shores U-1   Callaway Shores U-3   Cedar Branch   Cedar Park Ph I   Cedar Park Ph Ii   Cherokee Heights   Cherokee Heights Phase Ii   Cherokee Heights Phase Iii   Cherry Hill Unit 1   Cherry Hill Unit 2   College Station Phase 1   College Station Phase 2   College Station Phase 3   Colonial Est.   Colonial Estates   Deer Point Lake   Deerpoint Estates   Deerwood   Donalson Point   East Bay Park   East Bay Park 2nd Add   East Bay Plantation   East Bay Point   East Bay Preserve   East Callaway Estates   East Callaway Heights   Eastgate Sub Ph I   Eastgate Sub Ph Ii   Forest Shores   Forest Walk   Fox Lake Sub Phase 1   Game Farm   Garden Cove   Gilbert-pkr Add-pt Don   Grimes Callaway Bayou Est U-2   Grimes Callaway Bayou Est U-5   Grimes Callaway Bayou Est U-6   Hickory Manor   Hickory Park   Highpoint   Highway 22 West Estates   Hiland Hills   Horne Memory Plat   Imperial Oaks   Ivy Road Estates   Jones Meadow   Kendrick Manor   Laird Bayou   Laird Point   Laird Point Ph I   Lakeshore Landing   Lakeview Heights   Lakewood   Lakewood Manor U-3   Lannie Rowe Lake Estates U-1   Lannie Rowe Lake Estates U-7   Lannie Rowe Lake Estates U-8   Lannie Rowe Lake Estates U-9   Lannie Rowe Lake Ests   Liberty   Lillian Carlisle Plat   Long Point 1st   Maegan's Ridge   Magnolia Hills   Magnolia Hills Phase Ii   Manors Of Magnolia Hills   Mariners Cove   Mars Hill   Martin Bayou Estates   Mill Point   Morningside   No Named Subdivision   Northwood Estate Unrecorded   Not On List   Oakshore Villas Twnhs   Olde Towne Village   Park Place Phase 1   Parkbrook   Parker Pines   Parker Plat   Pelican Point   Pine Wood Grove   Pinewood Dev. Phase 2   Pinewood Grove Unit 2   Pinnacle Pines Estate   Pitts 1st Addto Parker   Plantation Heights   Plantation Point   Rachels Landing   Register, E.b. 1st   Registers 1st Add   Riverside Phase Iii   Rolling Hills   Rolling Hills Unit #2   Sandy Creek & Country Club Pha   Sandy Creek Air Park Ph Ii   Sandy Creek Ranch And Country    Sandy Creek Ranch Ph 2   Sentinel Point   Shadow Bay Unit 1   Shadow Bay Unit 5   Shadow Bay Unt 3 & 4   Singleton Estates   Southwood   Spikes Addto Highpoint 2   Springfield Farms   St And Bay Dev Co   St Andrews Bay Dev Co   St. Andrews Bay Dev. Co.   Stephens Estates   Sunbay Townhouses   Sunrise At East Bay   Sweetwater Village N Ph 2   Sweetwater Village N Ph 3   Sweetwater Village Ph 4   Sweetwater Village S Ph I   Thousand Oaks   Timberwood   Titus Park   Towne & Country Lake Estates   Tyndall Station   Village Of Mill Bayou/shorelin   W H Parker   Wh Parker   Willow Bend   Woodmere   Xanadu  

Contact Info

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Wade M. Berlin

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