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Mobile Home Park with Available Lots
For Sale
$4,000,000

2300 Sherman Avenue, Panama City, FL 32405

Commercial for Sale, Panama City, FL

Property SizeContact for details
Lot Size9.00 Acres
Days on Market993

Property Features for 2300 Sherman Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mobile Home
Directions Located on Sherman Ave
Subdivision 27 - Bay County
Standard status Active
APN 2803-000-000
Lot size 9.00 Acres

Taxes and HOA fees

Tax Description 3 parcel ID # 12803-000-000, 12804-000-000, 12805-000-000
Legal Description 3 parcel ID # 12803-000-000, 12804-000-000, 12805-000-000
Listing Agency: NBI Properties Inc
Listed By: James E Nabors · License #3104014
Added: Feb 8, 2024 Changed: Oct 1 Last Checked: Oct 28 at 6:06PM
MLS# 941853

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Located at 2300 Sherman Avenue in Panama City, Florida, this 9-acre mobile home park is zoned Mobile Home. The property includes 23 leased mobile home lots and four owned mobile homes that are leased separately. An additional 60 mobile home lots are available for sale, creating a substantial expansion component within the existing park layout.

The property is situated in Bay County and carries a Panama City, FL 32405 address. Its current configuration combines operating lot leases, leased park-owned residences, and additional lots designated for sale, offering multiple components within one mobile home park asset.

Key Highlights

  • 9‑acre mobile home park in Panama City, FL
  • 23 leased mobile home lots
  • 4 owned mobile homes that are leased

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - The property includes leased mobile home lots, owned residences, and additional lots available for sale.
Where is this mobile home & rv park located?
The property is located at 2300 Sherman Avenue 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: 9‑acre mobile home park in Panama City, FL; 23 leased mobile home lots; 4 owned mobile homes that are leased
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