$1,500,000
PENDING

2318 Dale Ave Panama City, FL 32405

Estimated payment $9,610/month

Total Views 288
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 5.9 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

This well-located 40 lot mobile home park offers significant upside potential. Each lot includes individual water, sewer, power, and garbage services--paid directly by tenants. All tenants are on month-to-month agreements, allowing for future rent optimization. Current lot rents are $250/month (increased as of 3/1/25), with opportunity to increase rents further to meet current market rates. Florida Power & Light (FPL) plans to install underground power to each lot in the near future. The property includes two mobile homes (on Lots 29 and 33) that will convey with the sale. There is also potential to develop 3-4 additional lots in the underutilized corner of the park, pending future permits and approvals. This asset presents a rare opportunity for investors seeking stable cash flow with clear paths to increase NOI through rent growth and potential lot expansion. Adjacent house is NOT included but CAN be purchased separately.

Listing Agent

Timothy Carroll

Counts Real Estate Group License #SL3484149 Listed on: 07/08/2025

Counts Real Estate Group

Co-Listing Agent

Charlie Haas

Counts Real Estate Group License #3021473

Property Details

Home Type

  • Mobile/Manufactured

Year Built

  • Built in 1988

Schools

  • Cedar Grove Elementary School
  • Mowat Middle School
  • Bay High School

Additional Features

  • 1-Story Property
  • 5.9 Acre Lot

Community Details

  • No Home Owners Association
  • 40 Units
  • Highland City Subdivision

Property Details

Home Type

Mobile/Manufactured

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1988
  • Property Sub Type: Mobile Home
  • Lot Size Acres: 5.9
  • Co List Office Mls Id: BSG2
  • Co List Office Phone: (850) 248-3615
  • Subdivision Name: Highland City
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Mobile Home
  • Special Features: None
  • Stories: 1

Exterior Features

  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mowat

Multi Family

  • Number Of Units Total: 40

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $1,500,000 -- --
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 776399

Central Panhandle Association of REALTORS®

APN: 12782-000-000

Florida Bay County Panama City 32405

2318 Dale Ave, Panama City, FL

This home is located at 2318 Dale Ave, Panama City, FL 32405 and is currently priced at $1,500,000. This property was built in 1988. 2318 Dale Ave is a home located in Bay County with nearby schools including Cedar Grove Elementary School, Mowat Middle School, and Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Timothy Carroll
Listing Agent
Timothy Carroll
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Counts Real Estate Group
(850) 750-9963