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- 5115 10th Street A,b,c,d, Panama City, FL 32404
- MLS#: 777480 ( Residential )
- Street Address: 5115 10th Street A,b,c,d
- Viewed: 144
- Price: $850,000
- Price sqft: $164
- Waterfront: No
- Year Built: 1996
- Bldg sqft: 5174
- Bedrooms: 11
- Total Baths: 10
- Full Baths: 6
- 1/2 Baths: 4
- Days On Market: 154
- Additional Information
- Geolocation: 30.1662 / -85.5978
- County: BAY
- City: Panama City
- Zipcode: 32404
- Subdivision: No Named Subdivision
- Elementary School: Parker
- Middle School: Rutherford
- High School: Rutherford
- Provided by: Think Real Estate
- DMCA Notice
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DescriptionPrime Investment Property Quadplex + Mobile Home on 1.8 Acres with Room to Expand Don'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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Property Features
Appliances
- ElectricRange
Home Owners Association Fee
- 0.00
Baths Total
- 10
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- CentralAir
- MultiUnits
Covered Spaces
- 0.00
Exterior Features
- Patio
Fencing
- Partial
Garage Spaces
- 0.00
Heating
- Central
- Electric
High School
- Rutherford
Insurance Expense
- 0.00
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
Living Area
- 0.00
Lot Features
- Paved
Middle School
- Rutherford Middle
Area Major
- 02 - Bay County - Central
Net Operating Income
- 0.00
Occupant Type
- Occupied
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 15012-000-000
Parking Features
- AdditionalParking
- Paved
Pet Deposit
- 0.00
Pool Features
- Gunite
- InGround
- Private
Property Type
- Residential
School Elementary
- Parker
Security Deposit
- 0.00
Sewer
- PublicSewer
Tax Year
- 2024
The Range
- 0.00
Trash Expense
- 0.00
Unit Number
- A
- B
- C
- D
Utilities
- CableConnected
- ElectricityAvailable
- PhoneConnected
Views
- 144
Year Built
- 1996
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Listings provided courtesy of The Hernando County Association of Realtors MLS.
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