5138 Lance Street, Panama City, FL 32404

Panama City
Local realty services provided by:ERA Neubauer Real Estate, Inc.
5138 Lance Street,Panama City, FL 32404
$425,000
  • 6 Beds
  • 6 Baths
  • 2,916 sq. ft.
  • Multi-family
  • Active
Listed by: kelli white garrett
Office: century 21 commander realty
MLS#:796036
Source:FL_BCMLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$145.75

About this home

RARE TRIPLEX INVESTMENT OPPORTUNITY NEAR TYNDALL AIR FORCE BASE! Opportunities to own an entire triplex don't come along often. This property features three separate 2-bedroom, 1.5-bath units and is currently generating a combined $3,240 in monthly rental income. Each unit has a functional two-story layout with both bedrooms and a full bath upstairs, while downstairs features an open living, dining and kitchen area, half bath, interior laundry room and LVP flooring. Units B and C each have privacy-fenced backyards, while Unit A has a partially privacy-fenced backyard that opens toward the large pond with a water feature and views of the neighboring walking park. Each unit also includes two designated parking spaces. Conveniently located near Tyndall Air Force Base with access to area shopping, dining and everyday conveniences, this triplex provides an opportunity to add a multi-unit property to your investment portfolio with existing rental income already in place. Whether you're...

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Home facts

  • Year built:1984
  • Subdivision & Development:Wh Parker
  • Listing ID #:796036
  • Added:1 day(s) ago
  • Updated:September 30, 2026 at 11:42 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:3
  • Half bathrooms:3
  • Rooms Total:8
  • Flooring:Plank, Vinyl
  • Kitchen Description:Electric Oven, Electric Range, Electric Water Heater
  • Living area:2,916 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1984
  • Building area:2,916 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Stucco, Wood Siding
  • Exterior Features:Porch
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Rutherford
  • Middle school:Rutherford Middle
  • Elementary school:Parker

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$145.75
  • Tax amount:$3,649 (2025)

Features and amenities

  • Amenities:ElectricOven, ElectricRange, ElectricWaterHeater
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