218 N Kimbrel AVE, Panama City, FL 32404
218 N Kimbrel AVE, Panama City, FL 32404
218 N Kimbrel AVE, Panama City, FL 32404
218 N Kimbrel AVE, Panama City, FL 32404
218 N Kimbrel AVE, Panama City, FL 32404
218 N Kimbrel AVE, Panama City, FL 32404
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Olivia Bardinelli

Olivia Bardinelli

+1(561) 400-9657
-
Est. payment | /mo

1.5 Acres Lot

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-
Est. payment | /mo
Save Virtual Tour

1.5 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Kimbrel Place Estates

MLS Listing ID A12070986

HOA Y/N No

Tax Year 2025

Lot Size 1.500 Acres

Acres 1.5

Property Sub-Type Unimproved Land

Property Description

Manufactured housing portfolio consisting of eight parcels located in Panama City and Chipley, Florida. Six parcels are currently income-producing with 27 occupied units generating approximately $489,600 in annual gross rental income. The portfolio also includes two vacant parcels offering future development potential.The property mix includes newer manufactured housing communities built in 2021 and 2023, providing stabilized cash flow alongside value-add opportunities. Additional upside exists through vacant homes, available pads, expansion land, and an entitled development site in Panama City approved for up to eight additional units.The portfolio may appeal to investors seeking a combination of current income and future growth potential through infill, expansion, and development opportunities. Contact listing broker for additional information regarding property details, financials, and lease structures.

Location

State FL

County Bay

Area 5940 - Other Florida County

Zoning R-MF

Direction North

Rooms

Other Rooms Other

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Present Use Other,Residential,Single Family

Building

Lot Description Other

Faces North

Additional Building Other

Others

Tax ID 06057000000

Acceptable Financing Other

Listing Terms Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12070986

BeachesMLS, Inc. (FLR) IDX
Listed by William Mignucci APEX Capital Realty LLC

Nearby Locations

Olivia Bardinelli

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 400-9657

info@allbusinessre.com

3200 N Military Trl, Ste. 110, Raton, FL 33431

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218 N Kimbrel AVE