Property Listing No Longer Available for Sale

2416 DOROTHY Avenue, Panama City Beach, FL

Others for Sale - $179,000 - 4,800 Sq. Ft.


Property Info

CIMLS#1019999
Location
  2416 DOROTHY Avenue
  Panama City Beach FL 32408
UpdatedJuly 14th, 2018
TypeOthers
Price$179,000
Building4,800 Sq. Ft.

Property Description

Great investment opportunity- 8 pad mobile home park operating at an 18% Cap rate at the current income and sales price with potential growth and increase in income with adding rentals to the 2 current vacant lots. This also has potential development upside at it's current price and zoning structure.Property is currently divided into 6 separate parcels. The land alone is worth the ask price!.


Financials



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