$1,000,000
SOLD SEP 15, 2025

2318 Dale Ave Panama City, FL 32405

-- Bed
-- Bath
2,255 Sq Ft
5.9 Acres

Recently Sold

$443 Per Sq Ft

33% Below List Price

17 Days on Market

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Timothy Carroll

Counts Real Estate Group License #SL3484149 Listed on: 07/17/2025

Counts Real Estate Group

Last Buyer's Agent

Jim Everitt

Prudential Shimmering Sands

Property Details

Home Type

  • Mobile/Manufactured

Year Built

  • Built in 1988

Lot Details

  • 5.9 Acre Lot

Schools

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

Community Details

  • No Home Owners Association
  • 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
  • Property Sub Type Additional: Mobile Home
  • Special Features: None

Interior Features

  • Possible Use: Mobile Home

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Size Sq Ft: 257004.0
  • Mobile Dim Units: Feet

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
09/15/2025 09/15/25 Sold $1,000,000 -33.3% $443 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $1,500,000 -- $665 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Timothy Carroll

    Seller's Agent in 2025

    Timothy Carroll

    Counts Real Estate Group

    (850) 532-5878

    3 in this area

    37 Total Sales

    Timothy Carroll
    Section Image
  • Charlie Haas

    Seller Co-Listing Agent in 2025

    Charlie Haas

    Counts Real Estate Group

    (850) 248-3640

    5 in this area

    56 Total Sales

    Charlie Haas
    Section Image

  • J

    Buyer's Agent in 2025

    Jim Everitt

    Prudential Shimmering Sands

  • C

    Buyer Co-Listing Agent in 2025

    Charlie Haas II

    Coldwell Banker Commercial NRT

See All Agents

Map

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

Sold

Mobile Manufactured

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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