Address: 5115 10th Street A,b,c,d, Panama City, FL 32404
Description
Investment Opportunity 4 Unit Quadplex on 1.8 Acres with Expansion PotentialThis 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
Investment Opportunity 4 Unit Quadplex on 1.8 Acres with Expansion PotentialThis 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
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Roof: Shingle
School Information
High School: Rutherford
Middle School: Everitt
School Elementary: Parker
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: CentralAir, Electric, MultiUnits
Heating: Central, Electric
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
Trash Expense: 0.00
Other Features
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
+/ 18.5 waterfront acres on East Bay. Adjacent to Eastern Shipbuilding and Tyndall Air Force Base. Municipal utilities available along Highway 2297. Additional +/ 80 acres surrounding property also
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