218 N Kimbrel Ave, Panama City, FL 32404
Local realty services provided by:CENTURY 21 World Connection
Listed by: william mignucci
Office: apex capital realty llc.305-570-2600
MLS#:A12070986
Source:SEFMLS
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.
Contact an agent
Home facts
- Subdivision & Development:Kimbrel Place Estates
- Listing ID #:A12070986
- Updated:August 16, 2026 at 09:57 AM
Finances and disclosures
- Price:
New listings near 218 N Kimbrel Ave
- New
$299,900Active4 beds 3 baths1,771 sq. ft.234 Chestnut Way, Panama City, FL 32404
MLS# 794120Listed by: COUNTS REAL ESTATE GROUP - New
$353,400Active3 beds 2 baths1,901 sq. ft.5232 Salvation Street, Panama City, FL 32404
MLS# 794121Listed by: ADAMS HOMES REALTY, INC. - New
$365,060Active4 beds 3 baths1,817 sq. ft.5228 Salvation Street, Panama City, FL 32404
MLS# 794122Listed by: ADAMS HOMES REALTY, INC. - New
$352,211Active3 beds 2 baths1,711 sq. ft.5229 Salvation Street, Panama City, FL 32404
MLS# 794124Listed by: ADAMS HOMES REALTY, INC.
$317,075Pending4 beds 2 baths2,045 sq. ft.7325 Morningside Drive, Panama City, FL 32404
MLS# 794107Listed by: DR HORTON REALTY OF EMERALD COAST, LLC- New
$352,211Active3 beds 2 baths1,711 sq. ft.5252 Salvation Street, Panama City, FL 32404
MLS# 794112Listed by: ADAMS HOMES REALTY, INC. - New
$318,400Active4 beds 2 baths1,602 sq. ft.7052 Traditions Drive, Panama City, FL 32404
MLS# 794114Listed by: ADAMS HOMES REALTY, INC. - New
$348,400Active4 beds 2 baths1,820 sq. ft.5248 Salvation Street, Panama City, FL 32404
MLS# 794115Listed by: ADAMS HOMES REALTY, INC. - New
$380,000Active3 beds 2 baths1,673 sq. ft.Address Withheld By Seller, Panama City, FL 32405
MLS# 794116Listed by: KELLER WILLIAMS SUCCESS REALTY - New
$355,400Active3 beds 2 baths1,901 sq. ft.5244 Salvation Street, Panama City, FL 32404
MLS# 794117Listed by: ADAMS HOMES REALTY, INC.