Active - Other for sale
218 N Kimbrel Ave, Panama City FL 32404
Facts & features
Why you’ll love it
Manufactured housing portfolio consisting of eight parcels located in Panama City and Chipley, Florida. Six parcels are currently income-producing with 27 occupied units generating approximately $489,600 in annual gross rental income. The portfolio also includes two vacant parcels offering future development potential. The property mix includes newer manufactured housing communities built in 2021 and 2023, providing stabilized cash flow alongside value-add opportunities. Additional upside exists through vacant homes, available pads, expansion land, and an entitled development site in Panama City approved for up to eight additional units. The portfolio may appeal to investors seeking a combination of current income and future growth potential through infill, expansion, and development opportunities. Contact listing broker for additional information regarding property details, financials, and lease structures.
Listed by: William Mignucci • 786-460-0889 • APEX Capital Realty LLC
Co-listed by: APEX Capital Realty LLC
Source: Miami MLS, MLS#: A12070986
Based on information as of Sep 02, 2026 at 06:39am EDT.
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Affordability
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About Kimbrel Place Estates
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Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
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Disclaimer
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Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Sep 02, 2026 at 06:39am EDT.