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:
$1,299,000
List Date:
9/16/2025
Last Modified:
12/01/2025
Description
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.
More Information MLS# 779102
Contract Info
List Price/SqFt: 83
List Date: 2025-09-15
List Price: $1,299,000
Current Price: $1,225,000
Sub-Type: Mobile Home Park
Location
Sub Area: 0202 – Bay – Central SE
Lot: 5
Block: C
Community/Resort: None
Waterfront: No
Elementary School: Parker
Middle School: Everitt
High School: Rutherford
Section: 19
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.
Range: 13W
Area: 02 – Bay County – Central
Street #: 1038
Street Direction: S
Street Name: Berthe
Street Suffix: Avenue
State: FL
Zip Code: 32404
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 07267-000-000
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
Site Dimensions: 300×300
Acreage: 2.07
Immediate Occupancy: Yes
Construction Status: Construction Complete
# of Units: 16
SqFt Tot Bldg: 15651
Year Built: 1995
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
Status Change Info
Sold Price/SqFt: 78.27
Sold Price/Acre: 591787.44
Status: Sold
Under Contract Date: 2025-10-30
Sold Date: 2025-12-01
Sold Price: $1,225,000
Construction/Siding
Roof – Metal: 1
Other – See Remarks: 1
Energy
AC – 2 or More: 1
AC – Central Elect: 1
Other Structures
Shed(s): 1
Financing
Cash: 1
Conventional: 1
Present Zoning
Resid Multi-Family: 1
Utilities
Electricity – Connected: 1
Garbage: 1
Public Sewer – Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Business/Property
Bus Est Five or More Yrs: 1
Other – See Remarks: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC – Central: 1
Income Producing
Property Type: Other (See Remarks)
Offering Type
Business Name: 1
Good Will: 1
Real Estate: 1
Sale Only: 1
Mobile Home Park
# of Pads: 16
Pricing Type
Sale Price: 1
Site Description
Aerials Available: 1
Interior Location: 1
Level: 1
Transport. Access
2-Lane: 1
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.