Live the Gulf Life on Florida’s Emerald Coast

7308 Kingman Street

Panama City Beach, FL 32408

MLS#: 797078

$775,000

Status: Active
Listing number: 797078
Listing provided by: Dalton Wade Inc
Listing agent phone: None
Last update: 22 minutes ago
New on site today
Browse Properties
Thomas Drive Park U-5 - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1983

Sq.Footage

4,464

Forget rental projections! This FOURPLEX generated $70,000 in rental income LAST YEAR! We're talking about FOUR fully occupied units, long-term tenants who've been here for over 5 years, and a prime Panama City Beach location directly across from the Navy base and just minutes from the beach. And here's the BONUS... an additional approx. 0.274-acre parcel of land is INCLUDED in the price! Now THAT'S what I call an investment opportunity! Search on YouTube ''7308 Kingman St | $70K Rental Income Fourplex + Extra Land | Panama City Beach FL'' for video tour. Welcome to 7308 Kingman Street, an income-producing fourplex offering immediate rental income with room for future growth! The property consists of four separate townhome-style units, each featuring 2 bedrooms and 1.5 bathrooms. All four units are currently occupied, providing an established rental history without the need to start from scratch finding tenants. The property has a new roof installed in 2018, and one of the HVAC systems was replaced in 2025. New Drain Field $15k installed recently. With long-term tenants already in place and the potential to increase rents over time, this property offers an opportunity for investors looking to grow their rental income. But what really sets this investment apart is the additional approx. 0.274-acre parcel included in the sale! Whether you're considering future development, expansion, or simply holding the land as a separate asset, this extra parcel adds another layer of potential. A property survey is available for review. Location is another major advantage! Situated directly across from Naval Support Activity Panama City and just minutes from the beautiful beaches of Panama City Beach, shopping, grocery stores, restaurants, and everyday conveniences, this property is positioned in an area with multiple sources of rental demand. Four income-producing units, $70,000 in last year's rental income, established tenants, and an additional parcel of land, all in one purchase! Opportunities like this are worth a closer look. Contact us today for additional financial information, the survey, or to schedule a private showing.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.46

  • Lot Size(square feet)

    20,037

  • Property Type

    Commercial Sale

  • Property Sub Type

    MultiFamily

Price

  • Sales Price

    $775,000

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    4,464

  • Price/SqFt

    $173

HOA

  • Association

    No

School District

  • Elementary School

    Breakfast Point

  • Middle School

    Breakfast Point

  • High School

    Arnold

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Location

County

Bay

Elementary School

Breakfast Point

Middle School

Breakfast Point

High School

Arnold

Listing Courtesy of Andrei Cunitin, Dalton Wade Inc

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Agent Ricky Robbins

REALTOR®

Ricky Robbins

Call Ricky today to schedule a private showing.

(850) 625-4394

Ricky@GulfLifeGo.com


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Forget rental projections! This FOURPLEX generated $70,000 in rental income LAST YEAR! We're talking about FOUR fully occupied units, long-term tenants who've been here for over 5 years, and a prime Panama City Beach location directly across from the Navy base and just minutes from the beach. And here's the BONUS... an additional approx. 0.274-acre parcel of land is INCLUDED in the price! Now THAT'S what I call an investment opportunity! Search on YouTube ''7308 Kingman St | $70K Rental Income Fourplex + Extra Land | Panama City Beach FL'' for video tour. Welcome to 7308 Kingman Street, an income-producing fourplex offering immediate rental income with room for future growth! The property consists of four separate townhome-style units, each featuring 2 bedrooms and 1.5 bathrooms. All four units are currently occupied, providing an established rental history without the need to start from scratch finding tenants. The property has a new roof installed in 2018, and one of the HVAC systems was replaced in 2025. New Drain Field $15k installed recently. With long-term tenants already in place and the potential to increase rents over time, this property offers an opportunity for investors looking to grow their rental income. But what really sets this investment apart is the additional approx. 0.274-acre parcel included in the sale! Whether you're considering future development, expansion, or simply holding the land as a separate asset, this extra parcel adds another layer of potential. A property survey is available for review. Location is another major advantage! Situated directly across from Naval Support Activity Panama City and just minutes from the beautiful beaches of Panama City Beach, shopping, grocery stores, restaurants, and everyday conveniences, this property is positioned in an area with multiple sources of rental demand. Four income-producing units, $70,000 in last year's rental income, established tenants, and an additional parcel of land, all in one purchase! Opportunities like this are worth a closer look. Contact us today for additional financial information, the survey, or to schedule a private showing.

7308 Kingman Street

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