**INVESTOR ALERT** This piece of property on the East end of the beach has so many options, making this perfect for your next investment!
Almost .7 of an acre in the Upper Grand Lagoon area, with current Trailer Park Zoning, has five mobile homes on the property. Four are being rented to long term tenants under market value. The other could be remodeled or replaced because of the zoning. All are metered separately and pay their own electric and water. Leaving this property ''as is'' gives strong cash-flow opportunity.
This would also make a great development opportunity. Currently, it could be developed as two duplexes, or with a development order could be changed to multi-family.
Please do not disturb tenants. All measurements/information are approximate. Buyer to do their own due diligence.
Features
9 bedrooms
6 bathrooms
4294 sq. ft. floor area
crop_free29621 sq. ft. lot size
cottageMulti-Family
Happy sellers in Panama City
91%
sentiment_very_satisfied
91% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.
Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 34 reviews in Panama City over the last 12 months.
Local market activity for 9 bedroom multi families in Panama City
Sold
For Sale
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