8209 Highway 2301, Panama City, FL 32461

Local realty services provided by:ERA Neubauer Real Estate, Inc.
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.

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Home facts

  • Year built:1980
  • Listing ID #:730828
  • Added:1056 day(s) ago
  • Updated:December 19, 2025 at 03:27 PM

Rooms and interior

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

Heating and cooling

  • Cooling:CentralAir
  • 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

Finances and disclosures

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