$2,950,000
Panama City Beach, FL 32407
MLS# 1014941
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Property Description
Rustic Beach Mobile Home and RV Park. Consists of 2 parcels, centrally located and a short drive to the Hathaway Bridge with easy access to both Panama City and Panama City Beach. The first parcel is 3.42 acres (Parcel ID: 27575-010-000) The second parcel is 0.422 acres (Parcel ID: 27575-000-000) and encompasses a 2,155 square foot single family residence. Total 3.842+/- acres. Here are the statistics for this rare property: Actual Annual Rental Revenue is $346,800 (actual monthly rent $28,900). Current Annual Net Operating Income is $271,642 with a Current Cap Rate of 9.21%. 28 total lots 26 occupied lots (only 2 vacancies). 16 park owned mobile homes (bill of sale on all 16 mobile homes will convey at closing). 3 tenant-owned mobile homes. Electricity is included in rent in 11 of the 26 mobile home lots. Additional income can be garnered by 1.) leasing the 2 vacant RV lots and 2.) revitalizing the laundry facility via cash/coin laundry machines. Try and duplicate a 3.842 acre parcel and fully develop it as a mobile home park and you will spend over a million dollars in development, permitting, and more importantly infrastructure (water, septic, utilities, site development, and road paving). This type of zoning, income, and public offering for an existing mobile home park like this doesn't exist in Panama City Beach in this type of capacity. You can go to Callaway for something similar, but not Panama City Beach where there is more appreciable growth.
Details
Maps
Contract Info
Listing Board: Emerald Coast
List Date: 2026-11-05
List Price: $2,950,000
Location, Tax and Legal
Sub Area: 2720 - Beach - Middle Central
Legal Description: 31 3S 15W -30.1- 57C3 BEG 346' S & 209.5' E OF NW COR OF W1/2 OF SW1/4 TH E 254.7' S 133.08' W 97.75' S 187.98' E 99.92' S 179.14' W 277' N 576.20' TO POB ORB 4269 P 2016
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: Rustic Beach Mobile Home and RV Park.
Consists of 2 parcels, centrally located and a short drive to the Hathaway Bridge with easy access to both Panama City and Panama City Beach.
The first parcel is 3.42 acres (Parcel ID:
27575-010-000)
The second parcel is 0.422 acres (Parcel ID: 27575-000-000) and
encompasses a 2,155 square foot single family residence.
Total 3.842+/- acres.
Here are the statistics for this rare property:
Actual Annual Rental Revenue is $346,800 (actual monthly rent $28,900).
Current Annual Net Operating Income is $271,642 with a Current Cap Rate of 9.21%.
28 total lots
26 occupied lots (only 2 vacancies).
16 park owned mobile homes (bill of sale on all 16 mobile homes will convey at closing).
3 tenant-owned mobile homes.
Electricity is included in rent in 11 of the 26 mobile home lots.
Additional income can be garnered by 1.) leasing the 2 vacant RV lots and 2.) revitalizing the laundry facility via cash/coin laundry machines.
Try and duplicate a 3.842 acre parcel and fully develop it as a mobile home park and you will spend over a million dollars in development, permitting, and more importantly infrastructure (water, septic, utilities, site development, and road paving).
This type of zoning, income, and public offering for an existing mobile home park like this doesn't exist in Panama City Beach in this type of capacity. You can go to Callaway for something similar, but not Panama City Beach where there is more appreciable growth.
Class
Income Producing: 1
Mobile/Trailer Park: 1
Multi-Family: 1
Income Producing
Year Built: 1974
Property Type: Multi-Family
Mobile Home Park
# of Pads: 28
Vacancy Rate: 7.1
Scheduled Income: 346800
Actual Gross Income: 346800
Net Operating Income: 271642
Cap Rate: 9.2
Multi-Family
# of Units: 28
Vacancy Rate: 9.2
Scheduled Income: 346800
Actual Gross Income: 346800
Expenses: 75158
Net Operating Income: 271642
Cap Rate: 9.2
# Buildings: 26
None
Current Price: $2,950,000
Status Change Info
Status: Active
Location Tax and Legal
Area: 27 - Bay County
Street #: 9502
Street Name: Clarence
Street Suffix: Street
State: FL
Zip Code: 32407
County: Bay
Parcel ID: 27575-010-000
Property Features
Class: Income Producing; Mobile/Trailer Park; Multi-Family
Supplements
To duplicate this type of property ''on the beach'' is next to impossible with significant costs. Avoid all the development hassle, permitting, and site development costs and buy an existing mobile home park with proven rental income.
Listing Office: Keller Williams Realty SRB
Last Updated: November - 05 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.