Penny Road Mobile Homes
$539,500
7406 Penny Road, Panama City, FL 32404
For Sale
Multifamily
Mobile Home RV Community
Active
Last Updated: 05/27/2025
2,880 sqft
Building Size
1.3 acres
Lot Area
Details:
Building Size: 2,880 sqft
Lot Area: 1.3 acres
Units: 4
Highlights:
- Four Late-Model Mobile Homes Set Up and in Place
- Covered Porches & Metal Skirting Upgrades
- Upgraded Septic System & Pump
- Gross Income: $60,000
Description:
This 4-unit Mobile Home Site features four new mobile homes with potential to add after completing a development order with Bay County and obtaining State Licensing. Each unit is separately metered for electric with a covered front patio and premium metal skirting. The park features a top of the line septic system, deep well with variable speed constant pressure pump, and new paved driveways & parking areas. Each home is rented $1,250 per month for a projected annual gross income of $60,000 per year. Perfect for employee housing or as an investment, this opportunity won't last long!
Just West of Highway 231 on Penny Road.
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