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$1,225,000
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Property Description
Located directly across from the brand-new Dunes at Bridge Harbor subdivision and just over 5 miles to Tyndall AFB, this 16 pad mobile home park is in great condition. There are currently 13 homes on site, all occupied and park owned. All 13 homes have newer AC units, and 12 homes also have newer metal roofs. The remaining 3 pads are utility ready except for the power poles. With a very nice 5-figure, positive cash flow per month, this is an investor's dream. Add the last 3 homes and increase the cash flow even more. Park only pays for trash pickup, power for the streetlights, and taxes and insurance. Tenants pay their own utilities. There are also 3 storage sheds on site that can be rented for additional income. Call today for more info.
Full Property Details
Full Property Details for 1038 S Berthe Ave
General
- Sold For: $1,225,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: Bay_County
- MLS ID: 779102
- Added to Site: 124 day(s) ago
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: From Hathaway Bridge, travel east on US 98 to a left on Boat Race Rd. Follow Boat Race Rd 1 mile to a right on Berthe Ave. Park is 1/4 mile down on right.
School Information
- Elementary School: Parker
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Structural Information
- Year Built: 1995
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 2.07
- Lot Size (Sq. Ft.): 90,169.2
- Lot Size: 2.07
- Lot Features: Level
- Zoning: Resid Multi-Family
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: EAST BAY PARK MAP 132C1 LOT 5 BLK C ORB 1234 P 981 ORB 1975 P 271 ORB 2434 P 1371 ORB 2670 P 2173
- Property ID: 07267-000-000
- Lot Number: 5
Listed and Sold by AMERICAN REALTY of Bay Co, Inc
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Schools
Schools serving 1038 S Berthe Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Parker Elementary School 640 South Highway 22 A, Panama City, FL 32404 | PK-5 | 1.7 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1038 S Berthe Ave
Date
Details
Price
Change
Source
12/01/2025
Sold
$1,225,000
-5.7%
MLS
9/16/2025
Listed
$1,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1038 S Berthe Avenue, Panama City, FL 32404 (MLS# 779102) is a Commercial Residential Facility property that was sold at $1,225,000 on December 01, 2025. Want to learn more about 1038 S Berthe Avenue? Do you have questions about finding other Commercial Residential Facility real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

