$ 3,700,000
644 W Caladium Circle Panama City Beach, FL 32413
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$ 3,700,000
Est. payment | /mo
0.26 Acres Lot
$ 3,700,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Single Family Home, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 956090
Lot Size 0.260 Acres
Acres 0.26
Property Description
Welcome to 644 W Caladium! 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 by restaurants, shopping and everything that Panama City Beach has to offer!
Location
State FL
County Bay
Area 27 - Bay County
Listed by Luxe Coastal Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "