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$1,500,000
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Property Description
Turnkey Multi-Family Investment Opportunity - 8 Units in the Heart of Panama City Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways. Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include: New roofs New PVC plumbing from fixtures through the slab and out to the exterior PEX water lines throughout Spray foam insulation on the roof deck for enhanced energy efficiency New HVAC systems and ductwork New appliances All new sheetrock New plumbing fixtures New lighting fixtures New electrical service and wiring New flooring throughout Indoor laundry rooms in every unit Strong Income-Producing Asset Monthly Gross Income: $12,000 Annual Gross: $143,700 All eight units are currently leased, making this a true turnkey investment with immediate cash flow and minimal deferred maintenance. Opportunities to acquire a fully renovated, stabilized multi-family portfolio in this location are rare. Whether you're expanding your rental portfolio or seeking a high-demand income property, this offering checks all the boxes
Full Property Details
Full Property Details for 810 E 25th St
General
- Price: $1,500,000
- Status: Active
- Type: Commercial Multi-Family
- Source: Bay_County
- MLS ID: 791716
- Updated: 6/22/2026
- Added to Site: 28 day(s) ago
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: North on Hwy 77, right onto 25th street, properties on right
School Information
- Elementary School: Hiland Park
- Middle School: Mowat
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Structural Information
- Year Built: 1970
Lot Features
- Lot Size (Acres): 1.11
- Lot Size (Sq. Ft.): 48,351.6
- Lot Size: 1.11
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 28 3S 14W -77.10- 104B ST A B DEV CO PLAT BEG 168.5' N & 132' W OF SE COR LOT 99 TH W 160' N 13' W 28' S 13' W 157' N 140.9' E 345' TO POB ORB 4382 P 448
- Property ID: 12942-010-000
Listed by Chesnut Realty, Inc
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Schools
Schools serving 810 E 25th St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hiland Park Elementary School 2507 East Baldwin Road, Panama City, FL 32405 | K-5 | 1.3 mi |
Mowat Middle School 1903 County Road 390, Lynn Haven, FL 32444 | 6-8 | 3 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 810 E 25th St
Date
Details
Price
Change
Source
6/22/2026
Listed
$1,500,000
36.36%
MLS
5/29/2025
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 810 E 25th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,731
—
$920,956
7%
2024
$14,731
8%
$861,316
9%
2023
$13,669
27%
$788,460
11%
2022
$10,800
627%
$707,771
748%
2021
$1,486
16%
$83,502
5%
2019
$1,282
-54%
$79,228
-56%
2018
$2,772
8%
$181,293
—
2017
$2,572
3%
$180,902
—
2016
$2,499
2%
$180,902
33%
2015
$2,445
5%
$136,208
10%
2014
$2,318
42%
$123,825
10%
2013
$1,630
—
$112,568
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 810 E 25th St
810 E 25th Street, Panama City, FL 32405 (MLS# 791716) is a Commercial Multi-Family property. 810 E 25th Street is currently listed for $1,500,000 and was received on June 23, 2026. Want to learn more about 810 E 25th Street? Do you have questions about finding other Commercial Multi-Family 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.

