$199,000

8209 Highway 2301 Panama City, FL 32404

Estimated payment $1,302/month

Total Views 23,073
-- Bed
-- Bath
1,470 Sq Ft
$135 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • A. Crawford Mosley High School Rated A-

About This Home

Property has 4 addresses. 2 park owned existing mobile homes on property that are leasing for a total of $2080 a month. Expenses are extremely low because of well and septic. All figures and info are supplied by Seller and are not guaranteed and should be verified. Electric is less than $50 a month and Culligan has a water purifier rental for $130 a mo. Taxes are $945 a year or $79 a month. NOI around $21,855 a year giving a Cap Rate of 10.98%. Both units have been extremely well appointed during the rehab process with new kitchen cabinets in both units. Both even have granite kitchen countertops. Unit 8213 up front is a 1bd/1ba. Unit 8211 in back is a 14' wide (not the normal 12) and is a 2bd/2ba. Both bedrooms have their own bathrooms. One even has a garden tub and walk-in closet. Both units have Central HVAC and most appliances are new. Both units have washers and dryers. You'll see the quality and very little deferred maintenance the Seller takes pride in. Seller has another MHP (MLS# 737012) and owns both land and all units. 11 paying rentals located appx 1.5 miles away at 6904 thru 6920 Penny Rd. Asking Price $1.2M. Onsight Manager/Maintenance person takes care of both parks and is extremely trustworthy. Seller offering both properties at $1.4M (savings of appx 100k). Cap Rate is currently 8.08%. The larger park has 2 vacant lots that used to have units on them. Let someone put a unit on each of those vacant lots for $600 per unit raise rents by 7.5% and your total Cap Rate would be 10.06% based on $1.3M sale price. Call today for more details.

Listing Agent

Melissa Barbee

Realty One Group Emerald Coast Listed on: 08/13/2022

Realty One Group Emerald Coast

Property Details

Home Type

  • Mobile/Manufactured

Year Built

  • Built in 1980

Schools

  • Deer Point Elementary School
  • Merritt Brown Middle School
  • Mosley High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • 1-Story Property
  • 1.81 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Mobile/Manufactured

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1980
  • Property Sub Type: Mobile Home
  • Lot Size Acres: 1.81
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Mobile Home
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Septic Available, Water Available
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Merritt Brown

Lot Info

  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Deer Point
  • High School: Mosley

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
01/31/2023 01/31/23 For Sale $199,000 0.0% $135 / Sq Ft
11/11/2022 11/11/22 Off Market $199,000 -- --
08/13/2022 08/13/22 For Sale $199,000 -- $135 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Similar Homes in Panama City, FL

  • 8209 Highway 2301, Panama City, FL 32404

    $199,000

    • 3 Beds
    • 3 Baths
    • 1,470 Sq Ft
    • 8209 Highway 2301
    • Panama City, FL

    Property has 4 addresses. 2 park owned existing mobile homes on property that are leasing for a total of $2080 a month. Expenses are extremely low because of well and septic. All figures and info are supplied by Seller and are not guaranteed and should be verified. Electric is less than $50 a month and Culligan has a water purifier rental for $130 a mo. Taxes are $945 a year or $79 a month.

    Melissa Woolard Beachside Luxury Realty

    Section Image
  • 7307 Copenhagen Dr, Panama City, FL 32404

    $150,900

    • 4 Beds
    • 2 Baths
    • 1,404 Sq Ft
    • 7307 Copenhagen Dr
    • Panama City, FL

    Price Reduced!!! A very affordable 4-bedroom 1400 square foot mobile home and close to 1/2 acre in the quiet and desirable Sweetwater Village Subdivision. Turnkey and ready to move in as seller has maintained the home in great condition. A large 4th bedroom was added which can easily be used as a game, tv or playroom. Ample kitchen with washer and drier hookup. Split bedrooms and separate

    Marco Cooper Coastal Sun Realty LLC

    Section Image
  • 6710 John Pitts Rd, Panama City, FL 32404

    $164,000

    • 4 Beds
    • 2 Baths
    • 1,389 Sq Ft
    • 6710 John Pitts Rd
    • Panama City, FL

    Back on the Market! Like New Re-Mod. Vinyl floors, nice cabinets, cool ceiling fans,, 4 bedroom home on large lot - barn doors to master bath, tiled showers, large master bedroom, storage area under front deck, access to below the home on two parts. the lot is over a half acre - and fenced

    Tony Viejo AMERICAN REALTY of Bay Co, Inc

    Section Image
  • 5544 Whitfield Rd, Panama City, FL 32404

    $220,000

    • 4 Beds
    • 2 Baths
    • 2,128 Sq Ft
    • 5544 Whitfield Rd
    • Panama City, FL

    'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome home to this spacious 4-bedroom, 2-bath home! Perfectly nestled on a quiet cul-de-sac in Panama City. With 2,128 square feet of living space and situated on over half an acre, this property offers the ideal blend of comfort, space, and tranquility.Step inside to a bright and open floor plan featuring a spacious living room, a

    Nathan Lawrence Legacy Premier Agency

    Section Image
  • 8735 Tower Rd, Panama City, FL 32404

    $208,000

    • 2 Beds
    • 2 Baths
    • 784 Sq Ft
    • 8735 Tower Rd
    • Panama City, FL

    Unbelievable opportunities abound with this property. This could be the last place you look!!! This brand-new never lived in home and .99 acres are just off Hwy 231 on a dead-end County Road. The home also has all brand new never used appliances, stove, refrigerator, dishwasher, and air condtioning. This listing also has vacant property attached that has almost 200 feet of highway 231 frontage

    Ben Burnham JPAR City & Beach

    Section Image
  • 103 Sale Rd, Panama City, FL 32409

    $239,500

    • 4 Beds
    • 2 Baths
    • 2,052 Sq Ft
    • 103 Sale Rd
    • Panama City, FL

    This new 4-bedroom, 2-bathroom doublewide mobile home sits on a spacious lot in Southport, FL, just minutes from the water. With a modern open floor plan, the home offers a seamless flow between the living area, kitchen, and dining space, creating a bright and welcoming atmosphere. Durable laminate flooring runs throughout, adding both style and functionality. The split-bedroom layout ensures

    Kelly Smith Keller Williams Realty Southeast Alabama

    Section Image
  • 9014 Crook Hollow Rd, Panama City, FL 32404

    $211,000

    • 4 Beds
    • 2 Baths
    • 2,240 Sq Ft
    • 9014 Crook Hollow Rd
    • Panama City, FL

    Welcome to 9014 Crook Hollow Road, a private, nature-filled retreat just minutes from town. This spacious four-bedroom, two-bath double wide manufactured home offers 2,240 square feet of comfortable living on 1.2 serene acres. The property backs up to Bear Creek and features a natural spring-fed pond, an artesian well, and an above-ground pool, creating the ultimate outdoor escape.Beneath the

    Scott Moon Century 21 BE3

    Section Image
  • 7923 Santa Rosa Ave, Panama City, FL 32409

    $225,000

    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft
    • 7923 Santa Rosa Ave
    • Panama City, FL

    This beautifully renovated 3-bedroom, 2-bathroom home is packed with upgrades and situated on a generous 1/4 acre lot -- offering comfort, space, and peace of mind.Inside, you'll find fresh luxury vinyl plank (LVP) flooring, new carpet and a bright, open layout perfect for everyday living. The kitchen is equipped with brand-new appliances, while both bathrooms have been updated to reflect modern

    Wesley Best Think Real Estate

    Section Image
  • 3716 Haley Ln, Panama City, FL 32404

    $230,000

    • 3 Beds
    • 2 Baths
    • 1,998 Sq Ft
    • 3716 Haley Ln
    • Panama City, FL

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to 3716 Haley Way, an updated and beautifully maintained manufactured home situated on a generous 0.413-acre lot in the heart of Panama City. Conveniently located just off Alva Thomas Road and only minutes from Transmitter Road, this property offers easy access to schools, shopping, dining, Lynn Haven, and Tyndall Air Force

    Heather Neubauer ERA Neubauer Real Estate Inc

    Section Image
See All Homes in Panama City

Source: Central Panhandle Association of REALTORS®

MLS Number: 730827

Central Panhandle Association of REALTORS®

Florida Bay County Panama City 32404

8209 Highway 2301, Panama City, FL

This home is located at 8209 Highway 2301, Panama City, FL 32404 and is currently priced at $199,000, approximately $135 per square foot. This property was built in 1980. 8209 Highway 2301 is a home located in Bay County with nearby schools including Deer Point Elementary School, Merritt Brown Middle School, and A. Crawford Mosley 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.

Nearby Homes
Melissa Barbee
Listing Agent
Melissa Barbee
Section Image
Realty One Group Emerald Coast
(850) 775-7600