$3,700,000
Sqft: 9,660
114 Days On Market

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

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!

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

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

Accessibility Toolbar

Share