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5138 Lance Street, Panama City
$425,000
6 Beds ⋅ 6 Baths ⋅ 796036 MLS
RARE TRIPLEX INVESTMENT OPPORTUNITY NEAR TYNDALL AIR FORCE BASE! Opportunities to own an entire triplex don't come along often. This property features three separate 2-bedroom, 1.5-bath units and is currently generating a combined $3,240 in monthly rental income. Each unit has a functional two-story layout with both bedrooms and a full bath upstairs, while downstairs features an open living, dining and kitchen area, half bath, interior laundry room and LVP flooring. Units B and C each have privacy-fenced backyards, while Unit A has a partially privacy-fenced backyard that opens toward the large pond with a water feature and views of the neighboring walking park. Each unit also includes two designated parking spaces. Conveniently located near Tyndall Air Force Base with access to area shopping, dining and everyday conveniences, this triplex provides an opportunity to add a multi-unit property to your investment portfolio with existing rental income already in place. Whether you're looking to expand your portfolio or secure a property with three income-producing units under one ownership, this one deserves a closer look. Call today to schedule a preview of this investment opportunity!

5138 Lance Street, Panama City

519 S Highway 22 A, Panama City
$165,500
2 Beds ⋅ 1 Baths ⋅ 771563 MLS
Price Reduced!! Come view this two bedroom one bath townhome in Parker, close to Tyndall Airforce Base. This neighborhood provides an HOA with community pool and courtyard area which is great for families or just sitting outside relaxing in the green space. The complex is right across the street from Parker Elementary. The townhome features two bedrooms downstairs with bathroom shared between master bedroom and hall. The upstairs loft has closets and could easily be converted into a third bedroom. The spacious great room gives the home an open feel with easy access to kitchen and covered back patio. This unit is part of a duplex with both sides for sale. This unit has been remodeled while unit 517 is in need to be remodeled. You can purchase one or both sides together.

519 S Highway 22 A, Panama City

5209 Boat Race Road, Panama City
$89,999
792941 MLS
Nestled in the heart of the City of Parker, this versatile vacant parcel offers the perfect blend of small-town charm, coastal convenience, and endless possibilities. Whether you're looking for a homesite, investment opportunity, or the ideal location for your future small business, this property checks all the boxes. Enjoy a quick 10-minute commute to Tyndall Air Force Base and easy access to shopping, dining, and everyday conveniences, with Walmart and other local amenities just minutes away. Parker Elementary School is approximately 5 minutes from the property, making this location especially convenient for families. Love life on the water? You'll appreciate being within 5 to 10 minutes of several public boat ramps offering access to beautiful East Bay--perfect for fishing, boating, and soaking in Florida's coastal lifestyle. When it's time for a beach day, both Panama City Beach and Mexico Beach are just a scenic 30 to 40-minute drive away. This property is zoned Low Density Commercial, offering a unique opportunity for a variety of neighborhood-friendly uses. The zoning also allows for mobile homes, making this an excellent option for those looking to create an affordable homesite or investment property. If you've been searching for a property that offers flexibility, convenience, and the laid-back charm of coastal Bay County, this is one you won't want to miss. Bring your vision and make it your own! All sizes, zoning and measurements are approximate. Please verify if important.

5209 Boat Race Road, Panama City

Vendor Member Number : 28166