This 1.275-acre parcel is ready for a savvy investor who is ready to CASH FLOW!
This property offers 3 units. One currently rents at $750/month. The other two have rental potential of $1,600/month and were recently occupied. This totals $2,350/month OR MORE! Zoning is R-2 and allows for single family homes or duplexes for future development.
Each unit is on well/septic. This MULTI-FAMILY opportunity is a great option for investors who want to cash flow from day 1 and hold the property for future development.
Positioned in the Bayou George/Youngstown area of Panama City, Florida - this property is located with a few miles of Publix, restaurants, schools and a sports complex. All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.