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Size: 0.18 Acres
Type: House
Home: 5 beds - 4 full baths - 1,848 Sq Ft

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MULTI_FAMILY - Panama City Beach, FL

Rare two-unit opportunity on one parcel in Panama City Beach with R-4 zoning and multiple exit strategies. This property includes two mobile homes-a 3BR/2BA and a 2BR/2BA-with separately metered utilities, city water and sewer, and utilities already in place, making it an ideal setup for investors, house-hackers, or builders looking for flexibility. The 3BR/2BA needs only minimal repairs and cleanup to get rent-ready, while the 2BR/2BA is currently rented for $1,050 per month with a month-to-month tenant who pays their own utilities, providing immediate income with simple management. Located across the street from a canal, the property offers strong upside whether you keep both as rentals, improve the 3/2 to maximize cash flow, live in one and rent the other, or pursue future development-seller has confirmed with the county that a duplex could also be built on the lot (buyer to verify zo...

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Source:First Street

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Source: ListHub, MLS# 784038
Listing status: Active
Listing last updated: January 27, 2026 at 3:35 PM
Listing last checked: February 14, 2026 at 2:19 AM
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