Active
644 W Caladium Circle
Panama City Beach FL, 32413
$3,700,000
Active
Commercial
Built in 1982
Whether you're a seasoned investor or a newby, you will not want to let this one pass you by! This unique opportunity has 22 studios, 2 One Bedroom/1 Bath and 2 Two Bedroom/1 Bath units that have been completely refreshed with new paint, composite flooring throughout, new fixtures, bathrooms and appliances. All 26 units are currently fully rented which will be cash flowing DAY ONE with an average rent of $1,000/month and they also have a great potential upside with increasing area rents, very high rental demands and a highly sought after location. Situated perfectly across from the beach, the complex boasts Gulf Views and is strategically located near restaurants, shopping and everything that Panama City Beach has to offer!
R11008696
MLSⓇ ID
July 31, 2024
Listed
December 2, 2024
Updated
Map
644 W Caladium Circle
Panama City Beach FL, 32413
Interior Features
Total Stories
2
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Electric
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.26 Acres
Roof
Composition, Shingle
Sewer
Public Sewer
Other Property Details
Area Name
5940
Taxes
$14,338
Tax Frequency
Annually
Days on Market
124
Garage
No
View
No
County
Bay
Water Source
Public
Pool
No
Listed by: Luxe Coastal Realty Group LLC
Listing Contact:
All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.
©2024 Association of Palm Beaches. All rights reserved.
Data last updated 10:20 PM UTC, 12/2/2024