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218 N Kimbrel, Panama City, FL 32404

Panama City
Local realty services provided by:CENTURY 21 Move With Us
218 N Kimbrel,Panama City, FL 32404
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  • 1.5 Acres
  • Lots / Land
  • Active
Listed by: william mignucci
Office: apex capital realty llc.
MLS#:A12070986
Source:FL_RAMC

Price summary

  • Price:

About this home

Manufactured housing portfolio consisting of eight parcels located in Panama City and Chipley, Florida. Six parcels are currently income-producing with 27 occupied units generating approximately $489,600 in annual gross rental income. The portfolio also includes two vacant parcels offering future development potential. The property mix includes newer manufactured housing communities built in 2021 and 2023, providing stabilized cash flow alongside value-add opportunities. Additional upside exists through vacant homes, available pads, expansion land, and an entitled development site in Panama City approved for up to eight additional units. The portfolio may appeal to investors seeking a combination of current income and future growth potential through infill, expansion, and development opportunities. Contact listing broker for additional information regarding property details, financials, and lease structures.

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Home facts

  • Subdivision & Development:Kimbrel Place Estates
  • Listing ID #:A12070986
  • Added:32 day(s) ago
  • Updated:October 03, 2026 at 04:40 PM

Structure and exterior

  • Lot area:1.5 Acres

Finances and disclosures

  • Price:
MLS LogoThe data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor<REGISTERED_LOGO> Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than CENTURY 21 Move With Us are marked with the IDX logo (Broker Reciprocity) or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

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