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218 N Kimbrel Ave
Panama City, FL 32404
FOR
SALE
Call for price
Active
1.50
Acres
MLS# A12070986
Cumulative Days on Market: 37 · Includes prior listings · Currently listed since 08/14/26 · Data provided by the MLS.

Property Description

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.

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Property Highlights

Property Type
Land/Boat Docks
Acres
1.50
Cumulative Days On Market
13

Location

Area
Kimbrel Place Estates
City/Township
Panama City
Direction Faces
North
Subdivision
Kimbrel Place Estates
County
Bay County
Zoning
R-MF

Property Details

Property Type
Land/Boat Docks

Building

Structure Type
Other

Building Details

Construction

Development Status
Other

Terms

Terms

Cumulative Days On Market
13

Lot

Acres
1.50
Lot Features
Other
Listed by APEX Capital Realty LLC
Listing Data last updated 09/20/2026 05:00 pm
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Property History

3 days ago
Property information last updated
37 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 37 days (includes prior listings) · Currently listed since August 14, 2026. Data provided by the MLS.

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218 N Kimbrel Ave - MLS#A12070986 - $0
Listed by APEX Capital Realty LLC, William Mignucci

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