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 PROPERTY 5115 10th Street A,b,c,d, Panama City, FL 32404, MLS#777480 - Residential
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Hardeep Kumar Yh

HR Moon Homes
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5115 10th Street A,b,c,d
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PRICED AT ONLY: $620,000

Address: 5115 10th Street A,b,c,d, Panama City, FL 32404

Description

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 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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  • MLS#: 777480 ( Residential )
  • Street Address: 5115 10th Street A,b,c,d
  • Viewed: 117
  • Price: $620,000
  • Price sqft: $120
  • Waterfront: No
  • Year Built: 1996
  • Bldg sqft: 5174
  • Bedrooms: 11
  • Total Baths: 10
  • Full Baths: 6
  • 1/2 Baths: 4
  • Days On Market: 248

Description

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 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Patio
  • Fencing: Partial
  • Living Area: 0.00
  • Roof: Shingle
Land Information
  • Lot Features: Paved
School Information
  • High School: Rutherford
  • Middle School: Rutherford Middle
  • School Elementary: Parker
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking, Paved
Eco-Communities
  • Pool Features: Gunite, InGround, Private
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, MultiUnits
  • Heating: Central, Electric
  • Sewer: PublicSewer
  • Utilities: CableConnected, ElectricityAvailable, PhoneConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricRange
  • 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
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 15012-000-000
  • The Range: 0.00
  • Unit Number: A, B, C, D
  • Views: 117
Nearby Subdivisions
[no Recorded Subdiv]   Avondale Estates   Barrett's Park   Baxter Subdivision   Bay County Estates Unit 1   Bay Front Unit 6   Bayou Estates   Black Oak Ridge   Brentwoods Phase Iii   Bridge Harbor   Brighton Oaks   Bylsma Manor Estates   C A Taylor's 2nd Addition Cala   Ca Taylors 2nd Add   Callaway   Callaway Bayou Est   Callaway Bayou Estates Unit 2   Callaway Chase   Callaway Corners   Callaway Homes   Callaway Point   Callaway Shores U-1   Callaway Southeast   Cedar Park Ph I   Cedar Park Ph Ii   Cherokee Heights   Cherokee Heights Phase Iii   Cherry Grove Townhomes   Cherry Hill Unit 2   Cherry Hill Unit 3   College Station Phase 1   College Station Phase 2   College Station Phase 3   Colonial Est.   Creek Hollow Estates Unit   Deer Point Cove   Deerpoint Estates   East Bay Park   East Bay Park 2nd Add   East Bay Point   East Bay Preserve   Florida Hwy Estates N   Forest Shores   Fox Place Estates   Game Farm   Gilbert Lake Est. U-1   Gilbert-pkr Add-pt Don   Grimes Callaway Bayou Est U-2   Grimes Callaway Bayou Est U-6   Harvey Heights   Hickory Park   Highpoint   Hiland Hills   Imperial Oaks U-2   Ivy Road Estates   Kendrick Manor   Lake Drive Heights   Lakeview Heights   Lakewood Manor U-1 Rep   Lannie Rowe Lake Estates U-7   Lannie Rowe Lake Estates U-8   Lannie Rowe Lake Ests   Liberty   Lillian Carlisle Plat   Long Point Park 2nd Add   Maegan's Ridge   Magnolia Hills Phase Ii   Magnolia Ridge   Manors Of Magnolia Hills   Mars Hill   Martin Bayou Estates   Mill Bayou Estates   Mill Point   Morningside   No Named Subdivision   Oakmont   Olde Towne Village   Park Place Phase 1   Parkbrook   Parker   Parker Plat   Pine Wood Grove   Pine Woods Add.   Pine Woods Phase 2   Pinewood Grove Unit 2   Pinnacle Pines Estate   Plantation Point   Rachels Landing   Riverside Phase Ii   Riverside Phase Iii   Sandy Creek   Sandy Creek & Country Club Pha   Sandy Creek Air Park   Sandy Creek Ranch And Country    Sentinel Point   Shadow Bay Unit 2   Shadow Bay Unit 5   Shadow Bay Unt 3 & 4   Springfield   St A B Dev Co   St And Bay Dev Co   Sunbay Townhouses   Sunrise At East Bay   Sweetwater Ph 6   Sweetwater Village Ph 3   Thousand Oaks   Tidewater Estates   Titus Park   Towne & Country Lake Estates   Tyndall Station   Village Of Mill Bayou/shorelin   W H Parker   Waters Edge   Wh Parker   Woodmere  

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