1000 MCKENZIE, PANAMA CITY, FL 32401

Description

Turnkey Investor Dream! Massive 4-Bedroom, 2-Bathroom Group Home in Prime Panama City Location – Long-Term Leaseback, Instant Cash Flow, and Government-Paid Tenants! This is the ultimate headache-free investment opportunity! This beautifully maintained 4-bedroom, 2-bathroom brick home is already operating as a licensed group home for mentally disabled individuals—with government-backed tenants and a seller ready to lease the property back long-term. Whether you're looking for stable, immediate cash flow or a secure place to park your capital, this one checks every box. Sprawling nearly 3,000 square feet and sitting on an expansive lot in one of Panama City's most desirable neighborhoods, this home offers both scale and curb appeal. The charming brick exterior, lush greenery, long driveway, and oversized 2-car carport make for a picture-perfect entrance and plenty of practical parking and storage options. Step inside to find a warm, welcoming layout designed for comfort and convenience. The home features beautiful, modern wood flooring throughout, a spacious living room, and generously sized bedrooms—all creating a cozy yet functional atmosphere for the current residents. The property is in excellent shape, with major systems in top condition: a newer roof and A/C (both approximately 5 years old), plus fully functional plumbing and electrical. Currently home to 5 long-term tenants, all government-paid, this property generates immediate income with minimal hassle. The seller, who holds the required license to operate this facility, will remain as the tenant under a long-term leaseback—making this the ultimate plug-and-play rental investment. Whether you're a seasoned investor looking to expand your portfolio or just want a rock-solid asset in a growing area, this property offers unbeatable value. Between the secure tenant structure, the strong return, and the long-term appreciation potential in a high-demand neighborhood, this is truly a rare find. Don’t miss out—schedule your showing today and take advantage of this exceptional, income-producing opportunity!