Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths

Contact for Price

218 N Kimbrel Avenue, Panama City FL, 32404

Lot size1.5 Acres
Property typeLand

Overview

Active

Listed Aug 14, 2026

Updated 2 weeks ago

Manufactured housing portfolio consisting of eight parcels located in Panama City and Chipley, Florida. Six parcels are currently income-producing with 27 occupied units generating approximately $489,600 in annual gross rental income. The portfolio also includes two vacant parcels offering future development potential.The property mix includes newer manufactured housing communities built in 2021 and 2023, providing stabilized cash flow alongside value-add opportunities. Additional upside exists through vacant homes, available pads, expansion land, and an entitled development site in Panama City approved for up to eight additional units.The portfolio may appeal to investors seeking a combination of current income and future growth potential through infill, expansion, and development opportunities. Contact listing broker for additional information regarding property details, financials, and lease structures.

Additional information

MLS® ID
A12070986

Exterior Features

Lot Size
1.5 Acres

Listed with APEX Capital Realty LLC

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. 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, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2026 Association of Palm Beaches. All rights reserved. 

Data last updated 12:30 PM UTC, 9/23/2026

 

Powered by Luxury Presence