8609 Terrell, Panama City Beach

Three Full Bathrooms
14000 Square feet
$60 Square Foot
1.64 Acres
Built in 1999
Breakfast Point Elementary School
Breakfast Point Middle School
Arnold High School
Properties Last Updated: 12:35 AM
Less than 1 mile to beach. 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 $13,000 monthly from these 14 units. There are an additivonal 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 approx. $200,000 per year while planning future development.

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Lot Dimensions
Each Lot is 75x190 with 5 lots included


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Waterfront Type

Listing Office: CC Fox Realty

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