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5229 BERTHA NELSON, Panama City, FL 32404

Commercial Property MLS# 661205 ID: 46609776
$299,000 Get Rates

Close to Town!! Gross Potential Income is $53,500 annually or $4460 monthly. 7 Units (4 manufactered / Triplex). Addresses are: 5239, 5233, 5229, & 5225 Bertha Nelson Rd. Triplex has rented for $600 ea. w/ elec, water, & garbage. All Trailers are 3 Bed. / 2 Bath. Two rent for $700 per month, 1ea for $660, & 1ea for $600 w/ water & garbage. Parcel is 3.1 acres on a well maintained dirt road. Some maintenance required but homes are in good condition. Triplex is not currently rented and need some repairs however one unit was rented as recently as May 2017. Separate barn and a Pond. Max. Density is 5 per acre so depending on water availability possibility to expand to 15 units. Manager lives on-site. This could be a cash cow to the right investor!

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Location Information near 5229 BERTHA NELSON
Contact Coldwell Banker Carroll Realty

For more information regarding this commercial property, please give us a call at View Phone Number (850) 872-8200 .

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Property Features for 5229 BERTHA NELSON
Market Status
Last Updated
March 19, 2018
Property Type
Commercial Property
Year Built
Sq. Feet

Building Features

  • Cooling System: 2+ A/C Units, Central Air Conditioning, Wall or Window Air Conditioner(s)
  • Heating System: Central Electric Heating
  • Roof: Aluminum Roof


  • MLS Area: 04 - Bay County - North

Lot Features

  • Sewer Utilities: Septic Sewer System
  • Water Utilities: Private Well

Data Provided by Bay County Association of REALTORS Inc

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More information about this $299,000 Commercial Property at 5229 BERTHA NELSON

This $299,000 Commercial Property at 5229 BERTHA NELSON in Panama City, FL is offered by Vince Price. This $299,000 Commercial Property, located in the 32404 zip code, has the following property features: Heating System, MLS Area, Water Utilities, Cooling System. This 5229 BERTHA NELSON Commercial Property, located in Bay County , is listed under MLS listing number 661205 and has a listing price of $299,000. You can find more of Vince Price's listings by browsing Vince Price homes for sale at, or even more PANAMA CITY homes for sale here.