![[Address not provided], Panama City, FL 32404 - Photo 2](https://m1.cbhomes.com/p/208/777480/A2db939F013C4a1/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 3](https://m.cbhomes.com/p/208/777480/BF85F43b5b5947d/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 4](https://m1.cbhomes.com/p/208/777480/16EA41fBB9C94FC/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 5](https://m.cbhomes.com/p/208/777480/81Cde71C04344D9/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 6](https://m1.cbhomes.com/p/208/777480/bbB8a8bfad024d8/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 7](https://m.cbhomes.com/p/208/777480/F8a1AE8Ad80D4d4/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 8](https://m1.cbhomes.com/p/208/777480/1471a3a72e79475/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 9](https://m.cbhomes.com/p/208/777480/28B515654C454CF/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 10](https://m1.cbhomes.com/p/208/777480/FA25421167ef46e/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 11](https://m.cbhomes.com/p/208/777480/58516e4347224d7/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 12](https://m1.cbhomes.com/p/208/777480/b20752069BBF4A2/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 13](https://m.cbhomes.com/p/208/777480/Ab368864E55846d/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 14](https://m1.cbhomes.com/p/208/777480/CBc888c92Fa0490/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 15](https://m.cbhomes.com/p/208/777480/9fF71645D309497/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 16](https://m1.cbhomes.com/p/208/777480/18311bd8E3AE487/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 17](https://m.cbhomes.com/p/208/777480/5f22eC67BDC54a2/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 18](https://m1.cbhomes.com/p/208/777480/571F3e2AA4cC44d/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 19](https://m.cbhomes.com/p/208/777480/d774b93f0E59457/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 20](https://m1.cbhomes.com/p/208/777480/888543e72d134Fe/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 21](https://m.cbhomes.com/p/208/777480/529afec9e12d4cB/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 22](https://m1.cbhomes.com/p/208/777480/E41e19afC6dD457/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 23](https://m.cbhomes.com/p/208/777480/a0c2239bE544408/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 24](https://m1.cbhomes.com/p/208/777480/FAce6A3bB5ff480/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 25](https://m.cbhomes.com/p/208/777480/11609aE06658449/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 26](https://m1.cbhomes.com/p/208/777480/27806Ffee02B417/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 27](https://m.cbhomes.com/p/208/777480/eC2F7AF794FF465/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 28](https://m1.cbhomes.com/p/208/777480/c0E4465B2627428/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 29](https://m.cbhomes.com/p/208/777480/5A1cd5903D3f494/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 30](https://m1.cbhomes.com/p/208/777480/47F24021aa3340A/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 31](https://m.cbhomes.com/p/208/777480/478E6B9fe03b4AE/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 32](https://m1.cbhomes.com/p/208/777480/1bFF450d31E4485/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 33](https://m.cbhomes.com/p/208/777480/0528aCFb740C413/pds23tp.webp)
![[Address not provided], Panama City, FL 32404 - Photo 34](https://m1.cbhomes.com/p/208/777480/29B51256B41145f/pds23tp.webp)
Date
Details
Price
Change
Source
8/11/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
![[Address not provided], Panama City, FL 32404 - Photo 1](https://m.cbhomes.com/p/208/777480/b2946575BcFf4e7/pds23tp.webp)
1/34
$850,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
![[Address not provided], Panama City, FL 32404 - Photo 1](https://m1.cbhomes.com/p/208/777480/b2946575BcFf4e7/pds23tp.webp)
1/34
Property Description
Prime Investment Property - Quadplex + Mobile Home on 1.8 Acres with Room to Expand Don't miss this exceptional investment opportunity just minutes from Tyndall Air Force Base. Situated on 1.8 acres, this property offers immediate rental income and outstanding future development potential. The centerpiece is a four-unit townhome quadplex, anchored by a spacious 3-bedroom, 2.5-bath unit boasting approximately 1,300 square feet of heated and cooled living space, a large fenced backyard, and a sparkling private pool. The other three units each feature 2 bedrooms, 1.5 baths, and approximately 936 square feet, all well-maintained and tenant-occupied. Adding even more value, the property includes a 3-bedroom, 2-bath mobile home with 1,064 square feet, currently generating steady rental income. All residences are separately metered for water and electric, with tenants paying their own utilities, maximizing profitability for the owner. With nearly two acres of land, there's ample room to build additional units or enhance amenities, subject to local zoning approval. Its prime location provides quick access to shopping, dining, schools, and major routes, making it highly attractive to both tenants and investors alike. Whether you're seeking a stable income-producing asset or a development project with huge upside, this property delivers on all fronts.
Full Property Details
Full Property Details for MLS# 777480
General
- Price: $850,000
- Taxes: $6,174 (2024)
- Status: Active
- Type: Multi-Family
- Source: Bay_County
- MLS ID: 777480
- Updated: 1/6/2026
- Added to Site: 159 day(s) ago
Interior
- Number of Rooms: 11
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 6
- Half Bathrooms: 4
Bedrooms
- Total Bedrooms: 11
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, In Ground, Private
- Security/Safety: Fire Alarm
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio, Open, Porch
Parking
- Parking Features: Additional Parking, Paved
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Heading south on bob little RD, turn left on e 10th st. units are locate on the left
School Information
- Elementary School: Parker
- Middle School: Rutherford Middle
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Multi Units
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available, Phone Connected
Structural Information
- Sq. Ft. Source: Owner
- Year Built: 1996
Lot Features
- Lot Dimensions: Irregular
- Lot Features: Paved
- Zoning: Resid Multi-Family
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $6,174
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 1 4S 14W -91- 118A4 BEG 360' S & 500' E OF NW COR OF SE1/4 E 300' S 90' W 100' S 160' W 100' S 50' W 122' N 95' W 100' S 95' W 78' N 210' E 200' N 9 0' TO POB LESS MTG PRCLS PER REQUEST OF MR T 91.1-91.2-91.3 ORB 4666 P 801
- Property ID: 15012-000-000
Listed by Think Real Estate
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— MLS# 777480 —
Think Real Estate
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving MLS# 777480
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Parker Elementary School 640 South Highway 22 A, Panama City, FL 32404 | PK-5 | 2.1 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 1 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 MLS# 777480
Estimate the Cost
Estimate the Cost for MLS# 777480
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,039Sq. Ft.
Listed by Beverly Buck Team (850) 650-4563
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,641Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,449Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,734Sq. Ft.
- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 1,459Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 2,108Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,761Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
MLS# 777480, Panama City, FL 32404 (MLS# 777480) is a Multi-Family property with units containing 11 bedrooms, 6 full bathrooms and 4 partial bathrooms. MLS# 777480 is currently listed for $850,000 and was received on August 11, 2025. Want to learn more about MLS# 777480? Do you have questions about finding other 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.