810 E 25th Street
Panama City, FL 32405
MLS# 791716
9120 sqft
Property DescriptionTurnkey 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
List Price/SqFt: 164.47
List Date: 2026-06-18
List Price: $1,500,000
Current Price: $1,500,000
Sub Area: 0201 - Bay - Central NE
Community/Resort: None
Waterfront: No
Elementary School: Hiland Park
Middle School: Mowat
High School: Bay
Directions: North on Hwy 77, right onto 25th street, properties on right
Area: 02 - Bay County - Central
Street #: 810
Street Direction: E
Street Name: 25th
Street Suffix: Street
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 12942-010-000
Legal Description: 28 3S 14W -77.10- 104B ST A B DEV CO PLAT BEG 168.5' N & 132' W OF SE COR LOT 99 TH W 160' N 13' W 28' S 13' W 157' N 140.9' E 345' TO POB ORB 4382 P 448
List Class: Apartment
Site Dimensions: 345.0 ft x 140.0 ft
Acreage: 1.11
Construction Status: Construction Complete
# of Units: 8
SqFt Unit: 1140
SqFt Tot Bldg: 9120
Lot Depth: 140
Lot SqFt: 48264
Year Built: 1970
Remarks: 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
All Utilities: 1
Public Sewer - Connected: 1
Building SqFt: 9120
Annual Gross Income: 143700
Utilities: All Utilities; Public Sewer - Connected; Water Connected
Listing Office: Chesnut Realty, Inc
Last Updated: June - 23 - 2026
Information deemed reliable but not guaranteed.