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218 N Kimbrel Ave, Panama City FL 32404

Lots/Land For Sale
$0

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8 days
0 room(s)

Overview

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

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
1.50 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 1.50 Acres

    Other Property Information

    • Parcel Number: 06057-000-000

    • Zoning: R-MF

  • Type and style

    • Property Type: Land/Boat Docks

  • Source details

    • MLS ID: A12070986

    Other facts

    • Lot Features: Other

    • Direction Faces: North

    • Other Structures: Other Bldg Incl

    • Subdivision Name: Kimbrel Place Estates

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: APEX Capital Realty LLC