$168,900
Panama City Beach, FL 32407
MLS# 784038
5 beds | 4 baths | 1848 sqft
1 / 24
Property Description
Rare two-unit opportunity on one parcel in Panama City Beach with R-4 zoning and multiple exit strategies. This property includes two mobile homes—a 3BR/2BA and a 2BR/2BA—with separately metered utilities, city water and sewer, and utilities already in place, making it an ideal setup for investors, house-hackers, or builders looking for flexibility. The 3BR/2BA needs only minimal repairs and cleanup to get rent-ready, while the 2BR/2BA is currently rented for $1,050 per month with a month-to-month tenant who pays their own utilities, providing immediate income with simple management. Located across the street from a canal, the property offers strong upside whether you keep both as rentals, improve the 3/2 to maximize cash flow, live in one and rent the other, or pursue future development—seller has confirmed with the county that a duplex could also be built on the lot (buyer to verify zoning, setbacks, density, permitting, and all requirements). Call agent for showing information. Buyer to verify all information deemed important, including zoning/build potential, measurements, and rental details.
Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 844
Last Tax Year: 2025
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
Contract Info
List Price/SqFt: 91.4
Status: Active
List Date: 2026-01-22
List Price: $168,900
Current Price: $168,900
Location
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Follow US-98 W to Wildwood Rd in Upper Grand Lagoon
21 min (11.8 mi)
Continue on Wildwood Rd. Drive to Sunrise Dr
3 min (1.2 mi)
Turn right onto Wildwood Rd
0.9 mi
Turn right onto Sunrise Dr
Destination will be on the left
0.4 mi
Area: 03 - Bay County - Beach
Street #: 6702
Street Name: Sunrise
Street Suffix: Drive
State: FL
Zip Code: 32407
County: Bay
Subdivision: Bayside Park Unit 1
Parcel ID: 27344-067-010
Legal Description: BAYSIDE PARK UNIT 1 LOT 72 BLK A ORB 3720 P 2213
General Property Info
Acreage: 0.18
Design: N/A
Lot Size (SqFt): 7971
Apx SqFt(Htd/Cooled): 1848
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 1
Lot Dimensions: 76x110
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Multi Family
Bedrooms: 5
Full Baths: 4
Total Baths: 4
Year Built: 1986
Remarks & Misc
Remarks: Rare two-unit opportunity on one parcel in Panama City Beach with R-4 zoning and multiple exit strategies. This property includes two mobile homes—a 3BR/2BA and a 2BR/2BA—with separately metered utilities, city water and sewer, and utilities already in place, making it an ideal setup for investors, house-hackers, or builders looking for flexibility. The 3BR/2BA needs only minimal repairs and cleanup to get rent-ready, while the 2BR/2BA is currently rented for $1,050 per month with a month-to-month tenant who pays their own utilities, providing immediate income with simple management. Located across the street from a canal, the property offers strong upside whether you keep both as rentals, improve the 3/2 to maximize cash flow, live in one and rent the other, or pursue future development—seller has confirmed with the county that a duplex could also be built on the lot (buyer to verify zoning, setbacks, density, permitting, and all requirements). Call agent for showing information. Buyer to verify all information deemed important, including zoning/build potential, measurements, and rental details.
Furnished
Unfurnished: 1
Rooms
Bedroom: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Bedroom
First: 1
Property Features
Bedroom: First
Furnished: Unfurnished
Rooms: Bedroom
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Bedroom | First | 13 x 12 | 13.00 | 12.00 | 13 x 12 | Measurements are approximate, Verify if Important |
| Bedroom | First | 11 x 10 | 11.00 | 10.00 | 11 x 10 | Measurements are approximate, Verify if Important |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 | 10 x 10 | Measurements are approximate, Verify if Important |
| Bedroom | First | 10 x 9 | 10.00 | 9.00 | 10 x 9 | Measurements are approximate, Verify if Important |
| Bedroom | First | 10 x 10 | 10.00 | 10.00 | 10 x 10 | Measurements are approximate, Verify if Important |
Listing Office: EXP Realty LLC
Last Updated: March - 16 - 2026
Information deemed reliable but not guaranteed.