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644 W Caladium Circle, Panama City Beach, Florida 32413

Active For Sale
$3,700,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 1 in 6 days

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!

Address Map

  • Country: US
  • State: FL
  • County: Bay
  • City: Panama City Beach
  • Subdivision: OPEN SANDS
  • Zipcode: 32413
  • Street: Caladium
  • Street Number: 644
  • Street Suffix: Circle
  • Floor Number: 0
  • Longitude: W86° 8′ 30.4”
  • Latitude: N30° 12′ 23.5”
  • Directions: From Hwy 79 take Front Beach Road East to Gulf. Take a left and building will be first one on the left.
  • Street Dir Prefix: W
  • MLS Area: 5940

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Development Status: New Construction
  • Garage Spaces: 0
  • Insurance Expense: $26,573
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Stories Total: 100
  • Tax Annual Amount: $14,338
  • Tax Year: 2023
  • Utilities: Electric, Public Water, Public Sewer
  • Zoning: PCB17

Location

Listing Updated: 2024-08-02 01:35:34

  • Property Type : E
  • Listing Type : For Sale
  • Listing ID : RX-11008696
  • Price : $3,700,000
  • View : Garden
  • Bedrooms : 0
  • Bathrooms : 0
  • Full Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 1982
  • Lot Area : 0.26 Acre
  • Listing Status : Active
  • Days On Market : 5
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