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    2300 Sherman Ave Panama City, FL 32405

    For Sale
    $4,000,000

    9-acre mobile home park with leased lots and homes.

    Lot size:
    9.00 Acres

    Property Features for 2300 Sherman Ave

    General Information

    Lot size
    9.00 Acres

    Source: NBI Properties Inc

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mobile Home Park For Sale

    This 9-acre property operates as a mobile home park. It features 23 lots that are currently leased at $450 each on a monthly basis. Additionally, there are 4 owned mobile homes on the property that are leased for a combined total of $3,500 per month. The property also includes 60 available mobile home lots that are available for sale.
    Location Intelligence

    Current Use by Public Records

    Ammie’s Mobile Home ... Mobile Home Park

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.625312
    Latitude
    30.190976

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    FAQs

    What type of property is this?
    Mobile home & RV park - 9-acre mobile home park with leased lots and homes.
    Where is this mobile home & rv park located?
    The property is located at 2300 Sherman Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Established mobile home park with 23 leased lots generating consistent monthly income.; - Additional income from 4 owned mobile homes currently leased.; - Significant expansion potential with 60 available mobile home lots for sale.
    (850) 243-0007
    Request Owner's contact information
    2300 Sherman Ave Panama City, FL 32405
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    Panama City, FL 32405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2300 Sherman Ave Panama City, FL 32405
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