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5115 E 10th Street #A,B,C,D

Panama City, FL 32404
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Bed 11

Bed

Bath 10

Bath

Prime 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 inc ome. 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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Detail Ic Property Details

Property Type : Residential

Price : $620,000

AD Id : 66433772

MLS Id : 777480

Beds : 11

Year Built : 1996

County : Bay

Subdivision: Bisc Lake Gardens Condo N

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Map

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Feature Features

  • Bedroom Information

    Total beds: 11

    Bathroom Information

    Total Baths: 10 Full Baths: 6 Half Baths: 4

    Room Information

    Rooms Total: 11

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
    Appliances: ElectricRange
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, MultiUnits

  • Building Information

    Year Built: 1996
    Building Area Total: 5174
    Construction Materials: Stucco
    Patio And Porch Features: Patio, Open, Porch
    Pool Features: Gunite, InGround, Private
    Private Pool: Yes
  • Exterior Features

    Exterior Features: Patio

  • Lot Information

    Lot Dimensions: Irregular Lot Description: Paved

    Property Information

    Subdivision: No Named Subdivision Source Property Type: Residential MLS Area Minor: 0202 - Bay - Central SE Zoning Description: Resid Multi-Family Property SubType: Multi Family Property Age: 30

  • Listing Price Information

    Listing Price: $620000
    Original Price: $850000

  • Tax Information

    Parcel Number: 15012-000-000 Tax Year: 2024 Annual Tax: $6174 Tax Legal Desc: 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

  • School Information

    Elementary School: Parker Junior High School: Rutherford Middle Senior High School: Rutherford
  • Utility Information

    CableConnected, ElectricityAvailable, PhoneConnected
  • Location Information

    Direction: Heading south on bob little RD, turn left on e 10th st. units are locate on the left Security Features: FireAlarm
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ByOwner last updated this listing 06/07/2026 @ 19:37

MLS: 777480 LISTED BY: Dien and Andrew Group, Think Real Estate 850-270-4200 SOURCE: CPAR

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