This 1.275-acre parcel is ready for a savvy investor who is ready to CASH FLOW!
This property offers 3 units. One currently rents at $800/month. The other two have rental potential of $1,600/month+ and were recently occupied. This totals $2,400/month OR MORE! Zoning is R-2 and allows for single family homes or duplexes for future development. If you remove a mobile home, another mobile home may be allowed within 12 months of removal. Buyer to verify.
Property on well/septic. This MULTI-FAMILY opportunity is a great option for investors who want to cash flow from day 1 and hold the property for future development.
Positioned in the Bayou George/Youngstown area of Panama City - this property is located with a few miles of Publix, restaurants, schools and a sports complex.
Please do not disturb tenants.
Sold for $50,000
$50,000
6137 Jammie Rd, Youngstown, FL 32466
7beds
2,520sqft
Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$20/sqft
$3,046 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,046/mo
Zestimate® history
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Owner options
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$3,046/mo
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$307/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: December 02, 2025 at 03:26am
Listed by:
Sostheim Group 850-814-4560,
Corcoran Reverie
Bought with:
Tonia Hathaway
CENTURY 21 Commander Realty
Source: CPAR,MLS#: 766343
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Interior area
- Total structure area: 2,520
- Total interior livable area: 2,520 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 1.27 Acres
- Features: Paved
Details
- Parcel number: 05288014000
- On leased land: Yes
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Youngstown
- Subdivision: [No Recorded Subdiv]
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2025 | Sold | $50,000-49.5%$20/sqft |
Source:  CPAR #766343 Report a problem | ||
| 3/4/2025 | Pending sale | $99,000$39/sqft |
Source:  ECAOR #964967 Report a problem | ||
| 3/1/2025 | Listed for sale | $99,000-29.3%$39/sqft |
Source: ECAOR #964967 Report a problem | ||
| 2/8/2025 | Contingent | $140,000$56/sqft |
Source: CPAR #766343 Report a problem | ||
| 2/8/2025 | Pending sale | $140,000$56/sqft |
Source: ECAOR #964967 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $710 +9.2% | $44,640 +8.7% |
| 2023 | $650 +16.3% | $41,084 +10% |
| 2022 | $559 | $37,349 |
Find assessor info on the county website
Neighborhood: 32466
Nearby schools
GreatSchools rating
- 3/10Deer Point Elementary SchoolGrades: PK-5Distance: 4.6 mi
- 4/10Merritt Brown Middle SchoolGrades: 6-8Distance: 5 mi
- 6/10A. Crawford Mosley High SchoolGrades: 9-12Distance: 9.1 mi
Schools provided by the listing agent
- Elementary: Deer Point
- Middle: Merritt Brown
- High: Mosley
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Florida
- Bay County
- Youngstown
- 32466
- 6137 Jammie Rd