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    Turnkey Mobile Home Park Investment Title is generated by Realmo AI

    2721 E 19th Street, Panama City, FL 32405

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    For Sale
    $425,000

    Mobile home park in Panama City, near Tyndall Air Force Base.

    Type:Commercial
    Property size:
    3,192 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $133/SF
    Added:
    Feb 7, 2026
    Days on Market:
    123
    Last Refresh:
    May 10 at 9:50 pm

    Property Features for 2721 E 19th Street

    General Information

    Standard status
    Active
    Size
    3,192 SF
    Lot size
    0.28 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2023

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    Listing Contact
    JESSICA L WILSON

    Listing agent JESSICA L WILSON

    Listing office NORTHWEST FLORIDA REALTY, LLC

    Listing date Feb 7, 2026

    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
    • All three homes are like new (2023)
    • Streamlined for income production
    • Convenient location to Tyndall Air Force Base
    • Investment opportunity with long‑term potential
    • Easily accessible property

    Overview

    This turnkey mobile home park is located in Panama City. The property includes three homes built in 2023. The property is easily accessible and convenient to Tyndall Air Force Base. This setup is streamlined to be income producing and offers long-term potential for both experienced and new investors in the mobile home park space. The property size is 3192 square feet.

    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 $76.6k $24.00
    − Vacancy −$12.3k −$3.86
    EGI $64.3k $20.14
    − OpEx −$28.9k −$9.06
    NOI $35.4k $11.07
    3,192 SF · lease $24.00/SF/yr · vacancy 16.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $505.0K
    $441.9K – $589.2K (±1% cap)
    NOI $35,351 @ 7.0% cap · market cap 8.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $802.7K
    $702.4K – $936.5K (±1% cap)
    NOI $56,192 @ 7.0% cap · market cap 13.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale 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
    -85.6235
    Latitude
    30.1826

    FAQs

    What type of property is this?
    Mobile home & RV park - Mobile home park in Panama City, near Tyndall Air Force Base.
    Where is this mobile home & rv park located?
    The property is located at 2721 E 19th Street Panama City, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Turnkey Mobile Home Park in Panama City; All three homes are like new (2023); Streamlined for income production
    More about this property
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