$850,000

5115 E 10th St Unit A,B,C,D Panama City, FL 32404

Estimated payment $5,300/month

Total Views 2,105
-- Bed
-- Bath
5,174 Sq Ft
$164 Price per Sq Ft

Highlights

  • 1.8 Acre Lot
  • Cooling Available
  • Central Heating
  • No HOA

About This Home

Investment Opportunity - 4-Unit Quadplex on 1.8 Acres with Expansion Potential

This rare multi-family property offers strong rental income and future growth opportunities. Sitting on 1.8 acres, it includes a four-unit townhome quadplex plus a rented mobile home, with plenty of space to add more units or amenities. Unit A is a spacious 3-bedroom, 2.5-bath home with approximately 1,400 square feet of heated and cooled space, a large fenced backyard, and a private pool. The remaining three units each feature 2 bedrooms, 1.5 baths, and approximately 903 square feet. All units are separately metered for water and electric, with tenants responsible for their own utilities. The mobile home on-site provides additional income, and the extra acreage offers excellent potential for future development, subject to local zoning. Conveniently located with easy access to Tyndall Air Force Base, shopping, and schools, this property is ideal for investors looking for immediate cash flow and long-term appreciation

Listing Agent

Dien and Andrew Group

Think Real Estate License #SL3466729 Listed on: 08/11/2025

Think Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • 1.8 Acre Lot

Home Design

  • Stucco

Schools

  • Parker Elementary School
  • Everitt Middle School
  • Rutherford High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1996
  • Property Sub Type: Multi Family
  • Lot Size Acres: 1.8
  • Subdivision Name: No Named Subdivision
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Construction Type: Stucco

Utilities

  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Everitt

Lot Info

  • Lot Size Sq Ft: 78408.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Map

Range of Values:

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ICE

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Quantarium

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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 List to Sale Price per Sq Ft
08/11/2025 08/11/25 For Sale $850,000 -- $164 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 777481

Central Panhandle Association of REALTORS®
Florida Bay County Panama City 32404

5115 E 10th St Unit A,B,C,D, Panama City, FL

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.

Nearby Homes
Dien and Andrew Group
Listing Agent
Dien and Andrew Group
Section Image
Think Real Estate
(448) 678-4184