8609 Terrell, Panama City Beach

Three Full Bathrooms
2172 Square feet
$367 Square Foot
1.64 Acres
Built in 1999
Breakfast Point Elementary School
Breakfast Point Middle School
Arnold High School
Properties Last Updated: 8:43 AM
Less than 1 mile to the beach, East End convenient location. It has 5 lots and 14 mobile homes included. Lots are 75'x190' each with 3 homes on each lot. Serviced by 5 water meters and 1 dumpster. Very low overhead and easy to manage. LLC has owned it for 12 years and have income of approx $14,000 monthly from these 14 units. There are an additional 6 lots on that same side of the street that Could consider adding for extra $100,000-$150,000 per lot with rentals. Another 5 lots adjoining on the next street and attached to current lots. Over 5 acres total package available if wanted. Negotiable. Zoned R-2 for 15 units per acre. Great for future development. Not many parcels this large available and has current income of over $200,000 per year while planning future development.

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Each Lot is 75x190 with 5 lots included


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Listing Office: CC Fox Realty

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