MLS# RX-11008696 - 644 Caladium Circle, Panama City Beach, FL 32413
Courtesy of Luxe Coastal Realty Group LLC
Status:
Active
Property Type:
Multifamily (5+ Units)
Year Built:
1982
Days On Website:
114
Property Details for 644 Caladium Circle, Panama City Beach, FL 32413
Description
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!
Open House
Features
Listing
- Source: Palm Beach
- List price: $3,700,000
- MLS ID: 20121115220811115022000000
- Listing ID: RX-11008696
- Listing date: 2024-07-31
- Status: Active
- For lease?: No
- $383 per square foot
- None
Bathrooms
- 26 total bathrooms
Building
- 9,660 total building square feet
- Built in 1982
- 2 stories
- 26 units in build
- Square footage source: SimpleTemplate
- Smoke Alarm
- Smoke Detector
- Free Standing
- Income
- Resident. Multi-Fam.
Cooling
- Ceiling Fan
- Electric
Floors
- Other
Heating
- Electric
Location
- County: Bay
- Subdivision: OPEN SANDS
Lot
- 0 acres
Miscellaneous
- Cable
- Cash
- Conventional
Property
- Property type: E
- Zoning: PCB17
- Waterfront: No
Roof
- Comp Shingle
Taxes
- Real estate taxes: $14,338
- Year: 2023
Utilities
- Electric
- Public Sewer
- Public Water
Property Map
Map View
$3,700,000 - 644 Caladium Circle, Panama City Beach, FL 32413
Street View
Directions
644 Caladium Circle
Panama City Beach, FL 32413
County: Bay