1038 S Berthe Avenue, Panama City, FL 32404
$1,225,000
Property Type:
Commercial for Sale
Square Footage:
15,651
Lot Size (sq. ft.):
90,169
Status:
Sold
Current Price:
$1,225,000
List Date:
9/16/2025
Last Modified:
12/01/2025
Overview
Description
Listing Details MLS# 779102
Contract Info
- List Price/SqFt
- 83
- Sub-Type
- Mobile Home Park
Location
- Area
- 02 – Bay County – Central
- Street #
- 1038
- Street Direction
- S
- Street Name
- Berthe
- Street Suffix
- Avenue
- State
- FL
- Zip Code
- 32404
- County
- Bay
- Sub Area
- 0202 – Bay – Central SE
- Lot
- 5
- Block
- C
- Subdivision
- [No Recorded Subdiv]
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 07267-000-000
- Section
- 19
- Range
- 13W
- Elementary School
- Parker
- Middle School
- Everitt
- High School
- Rutherford
- Directions
- From Hathaway Bridge, travel east on US 98 to a left on Boat Race Rd. Follow Boat Race Rd 1 mile to a right on Berthe Ave. Park is 1/4 mile down on right.
- Legal Description
- EAST BAY PARK MAP 132C1 LOT 5 BLK C ORB 1234 P 981 ORB 1975 P 271 ORB 2434 P 1371 ORB 2670 P 2173
General Property Info
- List Class
- Commercial
- Immediate Occupancy
- Yes
- Construction Status
- Construction Complete
- # of Units
- 16
- Site Dimensions
- 300×300
- Acreage
- 2.07
- SqFt Tot Bldg
- 15651
- Year Built
- 1995
Status Change Info
- Under Contract Date
- 2025-10-30
- Sold Date
- 2025-12-01
- Sold Price/SqFt
- 78.27
- Sold Price/Acre
- 591787.44
Mobile Home Park
- # of Pads
- 16
More Information
Listing Info, Tax and Legal
- HOA Fee
- No
Remarks & Misc
- Remarks
- Located directly across from the brand-new Dunes at Bridge Harbor subdivision and just over 5 miles to Tyndall AFB, this 16 pad mobile home park is in great condition. There are currently 13 homes on site, all occupied and park owned. All 13 homes have newer AC units, and 12 homes also have newer metal roofs. The remaining 3 pads are utility ready except for the power poles. With a very nice 5-figure, positive cash flow per month, this is an investor's dream. Add the last 3 homes and increase the cash flow even more. Park only pays for trash pickup, power for the streetlights, and taxes and insurance. Tenants pay their own utilities. There are also 3 storage sheds on site that can be rented for additional income. Call today for more info.
Office/Member Info
- Seller Concessioins
- No
Construction/Siding
- Roof – Metal
- Yes
- Other – See Remarks
- Yes
Energy
- AC – 2 or More
- Yes
- AC – Central Elect
- Yes
Other Structures
- Shed(s)
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Present Zoning
- Resid Multi-Family
- Yes
Utilities
- Electricity – Connected
- Yes
- Garbage
- Yes
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Sale Type
- As Is
- Yes
Business/Property
- Bus Est Five or More Yrs
- Yes
- Other – See Remarks
- Yes
Floors in Unit/Home
- One
- Yes
Heating/Cooling
- AC – Central
- Yes
Offering Type
- Business Name
- Yes
- Good Will
- Yes
- Real Estate
- Yes
- Sale Only
- Yes
Pricing Type
- Sale Price
- Yes
Site Description
- Aerials Available
- Yes
- Interior Location
- Yes
- Level
- Yes
Transport. Access
- 2-Lane
- Yes
Property Features
Energy:
AC – 2 or More; AC – Central Elect
Financing:
Cash; Conventional
Offering Type:
Business Name; Good Will; Real Estate; Sale Only
Other Structures:
Shed(s)
Pricing Type:
Sale Price
Present Zoning:
Resid Multi-Family
Sale Type:
As Is
Site Description:
Aerials Available; Interior Location; Level
Utilities:
Electricity – Connected; Garbage; Public Sewer – Connected; Water Connected
Listing Office:
AMERICAN REALTY of Bay Co, Inc
Last Updated: December – 01 – 2025
Information deemed reliable but not guaranteed.