5138 Lance Street
Panama City, FL 32404
6
Bed
6
Bath
0.17Acre(Lot)
RARE TRIPLEX INVESTMENT OPPORTUNITY NEAR TYNDALL AIR FORCE BASE! Opportunities to own an entire triplex don't come along often. This property features three separate 2-bedroom, 1.5-bath units and is currently generating a combined $3,240 in monthly rental income. Each unit has a functional two-story layout with both bedrooms and a full bath upstairs, while downstairs features an open living, dining and kitchen area, half bath, interior laundry room and LVP flooring. Units B and C each have privacy-fenced backyards, while Unit A has a partially privacy-fenced backyard that opens toward the large pond with a water feature and views of the neighboring walking park. Each unit also includes two designated parking spaces. Conveniently located near Tyndall Air Force Base with access to area sho
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 6 Full Baths: 3 Half Baths: 3Room Information
Rooms Total: 8Roofing Information
Composition, ShingleFlooring Information
Plank, Vinyl -
Interior Features
TubShowerRoof: Composition, ShingleAppliances: ElectricOven, ElectricRange, ElectricWaterHeater -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans
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Building Information
Year Built: 1984Building Area Total: 2916Construction Materials: Stucco, WoodSidingStories: 2Patio And Porch Features: Covered, PorchPrivate Pool: No
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Lot Information
Lot Dimensions: 82x90 Main Square Feet: 0.17 Lot Size Acres: 0.17 Lot Size Square Feet: 7,380 Lot Description: PavedProperty Information
Subdivision: Wh Parker Source Property Type: Residential MLS Area Minor: 0202 - Bay - Central SE Property SubType: Triplex Levels: Two Property Age: 42
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Listing Price Information
Listing Price: $425000
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Tax Information
Parcel Number: 25249-220-000 Tax Year: 2025 Annual Tax: $3649.1 Tax Legal Desc: W H PARKER PLAT (3.01) 119A4 BEG 22' S OF NE COR LOT 27 TH CONT S 90' W 82.50' N 90' E 82.50' TO POB AKA PCL #7 ORB 4170 P 1151
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School Information
Elementary School: Parker Junior High School: Rutherford Middle Senior High School: Rutherford -
Utility Information
ElectricityAvailable -
Location Information
Direction: South on Tyndall Parkway, Right on Lance Street, Property on Left by Walking Park/Pond
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TBD Plantation Drive, Panama City, FL, 32404 | $650,000 | -- | -- | -- | 1.49 Acres |
| 3702 Haley Lane, Panama City, FL, 32404 | $135,000 | 3 | 2 | -- | 0.44 Acre |
| 8901 Crook Hollow Road, Panama City, FL, 32404 | $280,000 | 3 | 2 | -- | 1.09 Acres |
| 9027 Crook Hollow Road, Panama City, FL, 32404 | $505,000 | 3 | 3 | -- | 4.65 Acres |
| 13322 Airway Street, Panama City, FL, 32404 | $567,000 | 3 | 3 | -- | 0.71 Acre |
| 5541 Highway 2297, Panama City, FL, 32404 | $399,900 | 3 | 2 | -- | 1.75 Acres |
| 142 Dogwood Way, Panama City, FL, 32404 | $267,900 | 3 | 2 | -- | 2.45 Acres |
| 1824 Mallard Drive #B, Panama City, FL, 32404 | $199,900 | 3 | 3 | -- | 0.10 Acre |
| 1730 Mallard Drive #F, Panama City, FL, 32404 | $125,000 | 2 | 2 | -- | -- |
| 907 Amber Way, Panama City, FL, 32404 | $383,000 | 4 | 2 | -- | 0.25 Acre |
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ByOwner last updated this listing 10/02/2026 @ 07:45
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