The Story

12933 Farm Road

Southport, FL 32409 · Multi-Family Home

Outstanding multifamily investment opportunity with exceptional potential! This 2.5-acre corner parcel in Southport, Florida, features three income-producing mobile homes and is ideal for investors looking to expand their rental portfolio. The seller is retiring, creating an excellent opportunity to own a property with established rental history and future upside. Conveniently located just 11 miles (approximately 15 minutes) from Lynn Haven, the property offers a peaceful setting with easy access to shopping, dining, schools, and everyday conveniences. The surrounding area includes established neighborhoods such as Lake Merial, White Oaks, and Skunk Valley. The mobile homes are older and could benefit from some TLC, but they have provided consistent rental income for many years. Previous rental rates were $750/month, $550/month, and $675/month, with long-term tenants in place. …


Facts & Features

Property Info

Price
$164,900
Completion Year
1,972
Living Space
2,444 sq ft
Bedrooms
8
Bathrooms
5
Lot size
3 acres

Features & Amenities

Cooling

Central Air, Multi Units, Window Units

Heating

Central, Electric

Appliances

Electric Cooktop, Electric Water Heater

Roof

Composition, Shingle

Exterior

Covered Patio

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Listing Broker

Coldwell Banker Realty

Broker Name

Coldwell Banker Realty

Agent

Daryle Burkey

Location

Panama City Beach FL 32408