1. Florida
  2. Panama City
  3. 5115 E 10th Street A,B,C,D
$850,000

5115 E 10th Street A,B,C,D, Panama City, FL 32404

  • 5,174 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon1.8acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $164/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Investment Opportunity - 4-Unit Quadplex on 1.8 Acres with Expansion PotentialThis rare multi-family property offers strong rental income and future growth opportunities. Sitting on 1.8 acres, it includes a four-unit townhome quadplex plus a rented mobile home, with plenty of space to add more units or amenities. Unit A is a spacious 3-bedroom, 2.5-bath home with approximately 1,400 square feet of heated and cooled space, a large fenced backyard, and a private pool. The remaining three units each feature 2 bedrooms, 1.5 baths, and approximately 903 square feet. All units are separately metered for water and electric, with tenants responsible for their own utilities. The mobile home on-site provides additional income, and the extra acreage offers excellent potential for future development, subject to local zoning. Conveniently located with easy access to Tyndall Air Force Base, shopping, and schools, this property is ideal for investors looking for immediate cash flow and long-term appreciation

Listing Status:
Active
Date Added:
August 11, 2025 at 05:00AM
Listing Office:
Think Real Estate : (850) 270-4200
MLS ID:
777481
  • A/C: Central AirElectricMulti Units
  • Heating: CentralElectric

This listing courtesy of Think Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Parker Elementary School

640 S Highway 22 A, Panama City, FL, 32404

Grades PK-5

2.08 miles away

R

Rutherford High School

1000 School Ave, Panama City, FL, 32401

Grades 6-12

1.07 miles away

R

Rutherford High School

1000 School Ave, Panama City, FL, 32401

Grades 6-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.