1329 Transmitter Road, Panama City, FL 32401
Mobile home park with seven units, room to add two.
- Added:
- Jun 14, 2025
- Days on Market:
- 364
- Last Refresh:
- May 10 at 11:57 pm
Property Features for 1329 Transmitter Road
General Information
- Standard status
- Active
- Size
- 5,040 SF
- Lot size
- 0.82 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2017
Listing agent JESSICA L WILSON
Listing office NORTHWEST FLORIDA REALTY, LLC (850) 740-1069
Listing date Jun 14, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NORTHWEST FLORIDA REALTY, LLC
HighLights
- Turnkey Mobile Home Park in Panama City
- Investment Opportunity with Price Reduction
- 7 Mobile Homes Included, with Room to Add 2 More Units
- Convenient Access to Tyndall Air Force Base and Highway 98
- Mix of 2‑Bedroom/1‑Bath and 3‑Bedroom/2‑Bath Units
- Built in 2017
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.0k | $24.00 |
| − Vacancy | −$19.5k | −$3.86 |
| EGI | $101.5k | $20.14 |
| − OpEx | −$45.7k | −$9.06 |
| NOI | $55.8k | $11.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.6081
- Latitude
- 30.1724
