5115 E 10th St Unit A,B,C,D Panama City, FL 32404
Estimated payment $4,124/month
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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1996
Lot Details
- 1.8 Acre Lot
Home Design
- Slab Foundation
- Shingle Roof
- Stucco
Schools
- Parker Elementary School
- Everitt Middle School
- Rutherford High School
Utilities
- Cooling Available
- Central Heating
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | Price Changed | $650,000 | 0.0% | $126 / Sq Ft |
| 02/18/2026 02/18/26 | For Sale | $650,000 | -23.5% | $126 / Sq Ft |
| 02/09/2026 02/09/26 | Off Market | $850,000 | -- | -- |
| 08/11/2025 08/11/25 | For Sale | $850,000 | -- | $164 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
MLS Number: 777481
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Ask me questions while you tour the home.