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This unique property offers a rare combination of long-term passive income and development-ready land in a growing area of Panama City. Situated on over 19 acres, with approximately 5 acres of usable land, the property includes a cell tower lease that provides monthly income with annual increases, providing a built-in revenue stream from day one. The tower is strategically placed on a non-developable portion of the land, preserving full use of the developable acreage. At the heart of the property sits a spacious 5-bedroom, 3-bath triple-wide mobile home featuring durable LVP flooring, crown moulding, and an open living area with a cozy fireplace. The large kitchen has an island, ample cabinetry, and generous counter space. Large windows fill the home with natural light. (SEE ADD REMARKS) Surrounded by mature trees, the land offers both privacy and potential for many outcomes, whether you're looking to add multiple mobile homes, build new construction, or create a small subdivision. The location is wonderful, being just minutes from Deer Point Lake, Lynn Haven shopping and dining, and within 20 miles of the white sands of PCB, this property is ideal for investors or anyone looking for space, flexibility, and built-in income.
DAYS ON MARKET | 53 | LAST UPDATED | 7/20/2025 |
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TRACT | NO RECORDED SUBDIVISION | YEAR BUILT | 2008 |
COMMUNITY | 27 - Bay County | COUNTY | Bay |
STATUS | Active | PROPERTY TYPE(S) | Mobile/Manufactured |
Elementary School | Deane Bozeman |
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Jr. High School | Deane Bozeman |
High School | Deane Bozeman |
ADDITIONAL DETAILS | |
APPLIANCES | Dishwasher, Disposal, Electric Cooktop, Electric Water Heater |
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AREA | 27 - Bay County |
CONSTRUCTION | Vinyl Siding |
LOT | 19.5 acre(s) |
LOT DESCRIPTION | Wetlands, Wooded |
LOT DIMENSIONS | 605x1245 |
SEWER | Septic Tank |
STORIES | 1 |
STYLE | Mobile Home |
SUBDIVISION | NO RECORDED SUBDIVISION |
WATER | Public |
ZONING | Mobile Home,Resid Single Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
This IDX solution is (c) Diverse Solutions 2025.