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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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810 E 25th St , Panama City, FL 32405
$1,500,000
Est. Payment: $8,287.28/mo
9120 Sqft
1.11 Acres
Status: Active | Days on site: 25
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CNRT - B10997
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Harrison Lilly Team
Owner/Operator

House Description

Turnkey Multi-Family Investment Opportunity - 8 Units in the Heart of Panama City Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways. Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include: New roofs New PVC plumbing from fixtures through the slab and out to the exterior PEX water lines throughout Spray foam insulation on the roof deck for enhanced energy efficiency New HVAC systems and ductwork New appliances All new sheetrock New plumbing fixtures New lighting fixtures New electrical service and wiring New flooring throughout Indoor laundry rooms in every unit Strong Income-Producing Asset Monthly Gross Income: $12,000 Annual Gross: $143,700 All eight units are currently leased, making this a true turnkey investment with immediate cash flow and minimal deferred maintenance. Opportunities to acquire a fully renovated, stabilized multi-family portfolio in this location are rare. Whether you're expanding your rental portfolio or seeking a high-demand income property, this offering checks all the boxes

Highlights

Listed by Jarah J Chesnut , 850-276-2326 Chesnut Realty, Inc , 850-276-2326. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
1.11

Year Built

1970

County

Bay

Area

02 - Bay County - Central

Neighborhood

[No Recorded Subdiv]

Listing ID

791716

Questions about this listing?

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Interior Features

Exterior Features

Sewer:Public Sewer
Principal Interest
$8,287
Taxes
$956

Home Price

$1,500,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,287.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,287.28 $956.25 $0.00 $9,243.53
Yearly $99,447.41 $11,475.00 $0.00 $110,922.41
Total $2,983,422.22 $344,250.00 $0.00 $3,327,672.22

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T12:26:16.000Z

© 2026 Bay County Association of REALTORS