8209 Highway 2301, Panama City, FL 32461

Local realty services provided by:ERA Neubauer Real Estate, Inc.
#1#2#3
8209 Highway 2301,Panama City, FL 32461
$199,000
  • 3 Beds
  • 3 Baths
  • 1,470 sq. ft.
  • Mobile / Manufactured
  • Active
Listed by:melissa barbee
Office:realty one group emerald coast
MLS#:730828
Source:FL_BCMLS

Price summary

  • Price:$199,000
  • Price per sq. ft.:$135.37

About this home

Property has 4 addresses. 2 park owned existing mobile homes on property that are leasing for a total of $2080 a month. Expenses are extremely low because of well and septic. All figures and info are supplied by Seller and are not guaranteed and should be verified. Electric is less than $50 a month and Culligan has a water purifier rental for $130 a mo. Taxes are $945 a year or $79 a month. NOI around $21,855 a year giving a Cap Rate of 10.98%. Both units have been extremely well appointed during the rehab process with new kitchen cabinets in both units. Both even have granite kitchen countertops. Unit 8213 up front is a 1bd/1ba. Unit 8211 in back is a 14' wide (not the normal 12) and is a 2bd/2ba. Both bedrooms have their own bathrooms. One even has a garden tub and walk-in closet. Both units have Central HVAC and most appliances are new. Both units have washers and dryers. You'll see the quality and very little deferred maintenance the Seller takes pride in. Seller

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Home facts

  • Year built:1980
  • Listing Id #:730828
  • Added:934 day(s) ago
  • Updated:August 02, 2025 at 02:25 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:1,470 sq. ft.

Heating and cooling

  • Cooling:CentralAir, Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:1980
  • Building area:1,470 sq. ft.
  • Lot area:1.81 Acres

Schools

  • High school:Mosley
  • Middle school:Merritt Brown
  • Elementary school:Deer Point

Utilities

  • Water:Water Available, Well
  • Sewer:Septic Available, Septic Tank, Water Available

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$135.37
  • Tax amount:$829 (2022)
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