$2,750,000
1500 Lisenby Court
Panama City, FL 32405
MLS# 707612
6806 sqft


1500 Lisenby Court, Panama City, FL 32405
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1500 Lisenby Court, Panama City, FL 32405

Property Description
Incredible income generating MHP and future redevelopment opportunity in one of the most sought after locations in Panama City, FL. Approximately 10 acres (2 Parcels) of land being offered with almost 1,000' of frontage along Lisenby Avenue. 38 Park Owned Homes. 43 Pads. 89% Occupancy Rate.. All sizes and zoning info are approximate and to be verified by buyer if important.

Details
Maps
Contract Info
List Date: 2021-02-09
List Price: $2,750,000
List Price/SqFt: 404.06
Current Price: $2,750,000
Sub-Type: Mobile Home Park
Location
Area: 02 - Bay County - Central
Street #: 1500
Street Name: Lisenby
Street Suffix: Court
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0204 - Bay - Central NW
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 13076-000-000
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: Head North on Lisenby. Cross over 390. Park is on the left.
Legal Description: 30 3S 14W -39- MAP#-91B2- ST AND BAY DEV CO PLAT LOT 28 ORB 4116 P 1019
General Property Info
List Class: RV/Mobile Park
Construction Status: Construction Complete
Acreage: 10
SqFt Tot Bldg: 6806
Year Built: 1952
Listing Info, Tax and Legal
HOA Fee: No
Status Change Info
Status: Active
Mobile Home Park
# of Pads: 43
Vacancy Rate: 11
Actual Gross Income: 331000
Expenses: 75000
Net Operating Income: 256000
Property Features
Floors in Unit/Home: One
Financing: Cash; Conventional

Listing Office: Think Real Estate

Last Updated: April - 21 - 2021

Information deemed reliable but not guaranteed.

Saturday 8th of May 2021 01:58 PM