Live away from it all AND become a landlord / real estate investor! This is an amazing opportunity for anyone looking to begin their real estate portfolio! This 1.4 acre property has 2 mobile homes, 1 which is vacant (3 Bedroom / 1.5 Bath) and 1 with a long-term tenant at $700/month (3 Bedroom / 2 Bath). AND there is space to put a 3rd mobile home where septic, private well and electric are already in place! The vacant mobile home has a new metal roof (2019). Both units need some minor repairs but are habitable. At this price this property is a STEAL and won't last long - So act fast! *NO TRESPASSING - Showings by appointment ONLY*
Sold for $67,000
$67,000
5814 Joseph Rd, Panama City, FL 32404
6beds
1,676sqft
Multi Family
Built in 1987
-- sqft lot
$166,500 Zestimate®
$40/sqft
$1,337 Estimated rent
Home value
$166,500
$115,000 - $226,000
$1,337/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 12:18am
Listed by:
Eugeniu Ursu 813-613-3870,
Eugeniu Ursu
Bought with:
Eugeniu Ursu
Eugeniu Ursu
Source: CPAR,MLS#: 737375
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Dimensions: 10 x 15
Primary bedroom
- Dimensions: 10 x 15
Bedroom
- Dimensions: 10 x 15
Bedroom
- Dimensions: 10 x 15
Bedroom
- Dimensions: 10 x 15
Bedroom
- Dimensions: 10 x 15
Appliances
- Included: Electric Oven, Electric Water Heater
Interior area
- Total structure area: 1,676
- Total interior livable area: 1,676 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Fencing: Chain Link
Lot
- Size: 1.41 Acres
- Dimensions: 200 x 300
Details
- Additional structures: Shed(s)
- Parcel number: 05639260015
- On leased land: Yes
- Zoning description: Mobile Home
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1987
Community & neighborhood
Location
- Region: Panama City
- Subdivision: Lakewood Manor U-1
Other
Other facts
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2023 | Sold | $67,000$40/sqft |
Source:  CPAR #737375 Report a problem | ||
| 2/19/2023 | Pending sale | $67,000$40/sqft |
Source: CPAR #737375 Report a problem | ||
| 2/9/2023 | Listed for sale | $67,000-10.7%$40/sqft |
Source: CPAR #737375 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/28/2020 | Listing removed | $75,000$45/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,001 +19.2% | $77,795 +22.9% |
| 2023 | $839 +19.2% | $63,276 +10% |
| 2022 | $704 | $57,524 |
Find assessor info on the county website
Neighborhood: 32404
Nearby schools
GreatSchools rating
- 3/10Tommy Smith Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 4/10Merritt Brown Middle SchoolGrades: 6-8Distance: 4.1 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 9.4 mi
Schools provided by the listing agent
- Elementary: Tommy Smith
- Middle: Merritt Brown
- High: Rutherford
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$166,500
2% more+$3,330
With Zillow Showcase(estimated)$169,830