5115 E 10th Street, Panama City, FL

Multi-family for Sale - $1,495,000


Agent Info

Cain McNeil
CENTURY 21 Commander Realty, Inc.

Property Info

CIMLS#1192297
Location
  5115 E 10th Street
  Panama City FL 32404
UpdatedJune 3rd, 2026
TypeMulti-family
Price$1,495,000

Property Description

Unique opportunity to add an excellent asset to your rental portfolio. Featuring 12 townhomes total the property boasts 11 two bedroom, 1.5 bath and 1 three bedroom 2.5 bath townhome. Featuring over 2 acres of land the property offers an opportunity for future expansion/development. Current ownership has completely renovated 3 of the 12 units - now achieving $1',250/month thus showing proof of concept for the next investor to complete the process. All units are separately metered for water/electric with tenant responsibility for utilities. Rare opportunity in a rapidly growing Florida market.


Financials


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