628 N HWY 22A, Panama City, FL 32404 - Bay County

Conveniently located just a few blocks off Tyndall Parkway (US 98) in Callaway, it's currently zoned for, and grandfathered in as, a 10 unit Mobile Home Park with 3 units in place each paying $350/month lot rent (well below market rate). Great development potential as well because City of Callaway would be glad to have site built homes, and current zoning changed to Residential Multifamily. Strong possibility that it could be rezoned to High Density Multifamily which would allow for approx 19 units/acre

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