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Harrison Lilly

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

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12933 Farm Rd , Southport, FL 32409
$175,000
Est. Payment: $887.57/mo
0 Bed
5 Bath
2444 Sqft
Status: active | Days on site: 13
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Outstanding multifamily investment opportunity with exceptional potential! This 2.5-acre corner parcel in Southport, Florida, features three income-producing mobile homes and is ideal for investors looking to expand their rental portfolio. The seller is retiring, creating an excellent opportunity to own a property with established rental history and future upside. Conveniently located just 11 miles (approximately 15 minutes) from Lynn Haven, the property offers a peaceful setting with easy access to shopping, dining, schools, and everyday conveniences. The surrounding area includes established neighborhoods such as Lake Merial, White Oaks, and Skunk Valley. The mobile homes are older and could benefit from some TLC, but they have provided consistent rental income for many years. Previous rental rates were $750/month, $550/month, and $675/month, with long-term tenants in place. The seller believes current market conditions may support higher rental rates, offering additional income potential. Whether you choose to continue operating the property as a rental investment, renovate the existing homes, or take advantage of the beautiful corner parcel to build your dream home, this property offers flexibility and numerous possibilities. Don't miss this unique opportunity to own acreage with income potential in a desirable and growing area. Property and home dimensions are approximate.

Highlights

Listed by Daryle Burkey , 850-896-7755 and Linda F Barfield-jegg , 850-819-9816 Coldwell Banker Realty , 850-234-6696. Bay County Association of REALTORS

Property Type

Multi-Family

Lot/Acreage
2.5

Year Built

1972

County

Bay

Area

04 - Bay County - North

Neighborhood

[No Recorded Subdiv]

Listing ID

793721

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:5
Appliances:Electric Cooktop, Electric Water Heater
Air Cond:Central Air,Multi Units,Window Unit(s)
Fireplaces:

Exterior Features

Lot Dimensions:330x330
Zoning:County, Horses Allowed, Mobile Home, Resid Multi-Family
Roof:Composition,Shingle
Others:
  • Additional:Covered Patio
Principal Interest
$888
Taxes
$73

Home Price

$175,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$35,000
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:
$887.57

Principal

Taxes

Principal Taxes HOA Total
Monthly $887.57 $72.65 $0.00 $960.22
Yearly $10,650.80 $871.84 $0.00 $11,522.64
Total $319,524.11 $26,155.20 $0.00 $345,679.31

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Southport, 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: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS