Four-Unit Quadplex with Expansion
5115 E 10th Street, Panama City, FL 32404
MULTI_FAMILY - Panama City, FL
Property size:
5,174 SFLot size:
1.80 AcresPrice / SF:
$119/SF- Added:
- Aug 11, 2025
- Days on Market:
- 278
- Last Refresh:
- May 15 at 5:06 am
Property Features for 5115 E 10th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 15012-000-000
- Size
- 5,174 SF
- Lot size
- 1.80 Acres
Taxes and HOA fees
- Tax Description
- 1 4S 14W -91- 118A4 BEG 360' S & 500' E OF NW COR OF SE1/4 E 300' S 90' W 100' S 160' W 100' S 50' W 122' N 95' W 100' S 95' W 78' N 210' E 200' N 9 0' TO POB LESS MTG PRCLS PER REQUEST OF MR T 91.1-91.2-91.3 ORB 4666 P 801
Utilities
- Heating system
- Electric (Heating), Central
Building Details
- Year built
- 1996
- Building materials
- Stucco
- Roof type
- Shingle
Listing agent Dien and Andrew Group License #SL3466729 (850) 600-0605
Listing office Think Real Estate 2810 Martin Luther King Jr. Bl Suite C, Panama City Beach, FL (850) 270-4200
Listing date Aug 11, 2025
MLS# 777481
Copyright © 2026 Central Panhandle 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.
HighLights
- Strong rental income from a 4‑unit quadplex and rented mobile home.
- Significant expansion potential on 1.8 acres.
- Unit A features a 3‑bedroom, 2.5‑bath layout with a private pool and large fenced backyard.
- All units are separately metered for water and electric.
- Convenient location with easy access to Tyndall Air Force Base, shopping, and schools.
- Unit square footage: Unit A - 1,400 sq ft; Remaining units - 903 sq ft.
Overview
This multi-family property presents an investment opportunity with potential for future growth. Situated on 1.8 acres, the property includes a four-unit townhome quadplex and a rented mobile home. Unit A features 3 bedrooms, 2.5 baths, and approximately 1,400 square feet of heated and cooled space, along with a large fenced backyard and a private pool. The remaining three units each offer 2 bedrooms, 1.5 baths, and approximately 903 square feet. All units are separately metered for water and electric, with tenants responsible for their own utilities. The additional acreage provides potential for future development, subject to local zoning. The property is conveniently located with easy access to Tyndall Air Force Base, shopping, and schools, making it suitable for investors seeking immediate cash flow and long-term appreciation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.597815
- Latitude
- 30.16616
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Multi-family property with income and growth potential on 1.8 acres.
Where is this quadplex located?
The property is located at 5115 E 10th Street Panama City, FL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Strong rental income from a 4‑unit quadplex and rented mobile home.; Significant expansion potential on 1.8 acres.; Unit A features a 3‑bedroom, 2.5‑bath layout with a **private pool and large fenced backyard.**
