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Key Details
Property Type Manufactured Home
Sub Type Manufactured Home
Listing Status Active
Purchase Type For Sale
Square Footage 896 sqft
Price per Sqft $189
Subdivision Southport
MLS Listing ID 790097
Style Mobile Home
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1998
Annual Tax Amount $1,511
Tax Year 2025
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type Manufactured Home
Property Description
With 896 sq. ft. of updated living space, the home features a spacious front deck perfect for relaxing outdoors, a covered rear area for additional entertaining space, and a fully fenced backyard ideal for pets, storage, or enjoying the extra room to spread out. A 12x16 wired storage shed adds even more flexibility for hobbies, tools, workshop space, or future use.
For investors, this property presents a compelling opportunity. The home previously rented for $1,300 per month and offers an estimated cap rate of over 7.5% based on last year's numbers and the current asking price of $169,500. With continued growth and development expanding throughout the Southport area, properties at this price point with strong rental performance are becoming increasingly difficult to find.
The location is a major highlight, offering dual road access via McCormick Rd and South Gainer Bayou Rd for convenient travel throughout Bay County. A brand-new Dollar General Market recently opened nearby at the corner of S Gainer Bayou Rd and Highway 2321, adding even more convenience to this rapidly developing corridor.
Outdoor enthusiasts will appreciate being just minutes from multiple boat launches with access to Deer Point Lake and the Gulf of America, as well as Lynn Haven Bayou Park & Preserve and the New Southport Sports Complex only 5 minutes away. The property is also ideally positioned only 5 minutes from Lynn Haven, 20 minutes from Downtown Panama City and ECP Airport, 30 minutes from Pier Park and Panama City Beach, and approximately 40 minutes from Tyndall Air Force Base.
Whether you are looking for a primary residence, an affordable second home, or a cash-flowing investment property in an area poised for continued growth, this Southport property offers exceptional value, flexibility, and long-term upside. Don't miss your opportunity to secure this gem! All measurements, dimensions, and information deemed reliable, Buyer to verify if important.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 04 - Bay County - North
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Appliance Electric Oven, Electric Water Heater, Plumbed For Ice Maker
Exterior
Exterior Feature Covered Patio
Parking Features Unpaved
Fence Fenced
Community Features Short Term Rental Allowed
Utilities Available Cable Connected, Electricity Available
Roof Type Composition,Shingle
Porch Deck, Covered, Porch
Private Pool No
Building
Lot Description Paved
Story 1
Entry Level One
Architectural Style Mobile Home
Level or Stories One
Additional Building Shed(s)
New Construction No
Schools
Elementary Schools Southport
Middle Schools Deane Bozeman
High Schools Deane Bozeman
Others
Restrictions Short Term Rentals Allowed
Tax ID 07940-020-000
Special Listing Condition Listed As-Is
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