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1st image of 218 N Kimbrel Ave, Panama City, FL 32404 | MLS# A12070986
2nd image of 218 N Kimbrel Ave, Panama City, FL 32404 | MLS# A12070986
3rd image of 218 N Kimbrel Ave, Panama City, FL 32404 | MLS# A12070986
4th image of 218 N Kimbrel Ave, Panama City, FL 32404 | MLS# A12070986
5th image of 218 N Kimbrel Ave, Panama City, FL 32404 | MLS# A12070986
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  • Beds Icon-- Bed
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    -- Bath
  • Beds Icon1.5acres lot

218 N Kimbrel Ave, Panama City, FL 32404

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  • Unimproved Land

  • Built in -

  • $-- HOA

  • 1.5 acres lot

  • --/sqft

Description

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 investor...

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  • Houzeo last checked: 1 hour ago
  • Listing updated: August 15, 2026 at 3:04 am
  • Listing Provided by: William Mignucci DRE #3637205 | APEX Capital Realty LLC (305) 570-2600
  • Source: Beaches MLS-FL | MLS#: A12070986 Beaches MLS-FL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    1.5 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Beaches MLS

  • MLS Number

    A12070986

  • MLS Status

    Active

  • Days on Market

    11

  • Cumulative Days on Market

    1

Data provided by Redfin

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