This unique property offers a rare combination of long-term passive income and development-ready land in a growing area of Panama City. Situated on over 19 acres, with approximately 5 acres of usable land, the property includes a cell tower lease that provides monthly income with annual increases, providing a built-in revenue stream from day one. The tower is strategically placed on a non-developable portion of the land, preserving full use of the developable acreage.At the heart of the property sits a spacious 5-bedroom, 3-bath triple-wide mobile home featuring durable LVP flooring, crown moulding, and an open living area with a cozy fireplace. The large kitchen has an island, ample cabinetry, and generous counter space. Large windows fill the home with natural light.Surrounded by mature trees, the land offers both privacy and potential for many outcomes, whether you're looking to add multiple mobile homes, build new construction, or create a small subdivision. The location is wonderful, being just minutes from Deer Point Lake, Lynn Haven shopping and dining, and within 20 miles of the white sands of PCB, this property is ideal for investors or anyone looking for space, flexibility, and built-in income.

This is an Active listing.

Broker Office Phone Number: 850-527-5651

Copyright © 2025Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.