Unimproved Land in 218 N Kimbrel Avenue, Panama City, FL 32404 for sale with MLS# A12070986
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 investors seeking a combination of current income and future growth potential through infill, expansion, and development opportunities. Contact listing broker for additional information regarding property details, financials, and lease structures.
218 N Kimbrel Avenue, Panama City, FL 32404
- Price:
- $0.00
- Original List Price:
- $0.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 13, 2026 4:00 am
- Lot Area:
- 65,340 Sqft
- Lot Size Dimensions and Info:
- 1.50
- Additional Parcels
- Lot Features:
- Other
- Lot Size Acres:
- 1.5
- Number of Lots:
- 8
- Waterfront:
- No
- Other Structures:
- Other
- Current Use:
- Other, Residential
- Vegetation and Trees:
- Other
- Property Entrance Faces:
- North
- Tax Year:
- 2025
- Subdivision Name:
- Kimbrel Place Estates
- Senior Community:
- No
- Development Status:
- Other
- Listing Terms Considered by Seller:
- Other
- Buyer Possession:
- Other
- Tax Legal Description:
- 7 4S 13W -29.1-131C4 COM SW COR W1/2 OF SW1/4 OF NW1/4 OF SE1/4 OF SEC N 150' TO POB E 298.1' N 310' TO C.L. DITCH SW TO PT 125' N OF POB TH
- Real Estate Folio Number (Parcel Number):
- 06057000000
- Zoning:
- R-MF
- Active on the market since:
- August 13, 2026
- Listing Agreement executed on:
- August 13, 2026
- Listing Status Last Changed On:
- August 13, 2026 4:00 am
- Photos updated on:
- August 15, 2026 12:06 am
- Last Modified:
- August 15, 2026 12:11 am
- Courtesy of:
- APEX Capital Realty LLC
- Attribution:
- Not provided
- Street Name:
- Kimbrel
- Street Number:
- 218
- City:
- Panama City
- State:
- Florida
- Zip Code:
- 32404
- County:
- Bay
- Latitude:
- N30° 8' 59.6''
- Longitude:
- W86° 25' 4''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- N

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates