644 Caladium Circle, Panama City Beach, FL 32413

Property Status: Active

0

BEDROOMS

0

BATHROOMS

$3,700,000

LISTING PRICE

SQUARE FOOT

Zoning: PCB17   MLS #: RX-11008696
Subdivision: OPEN SANDS

For More Information Call: 561-283-4663

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!

This listing is courtesy of Luxe Coastal Realty Group LLC. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach,0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc.

Square Footage: ($0/sqft) Listing Price: $3,700,000
Bedrooms: 0 Bathrooms: 0 + 0 halfs
Exterior Features: Interior Features:
Pool: No Amenities:
Subdivision: OPEN SANDS Property Type: Commercial / MultiFamily (5+ Unit
Waterfront: Home View: No
Parking: Address: 644 Caladium Circle, Panama City Beach FL 32413
HOA: HOA Dues: $0.00/month
Construction: Expenses: 0
Heating: Electric County: Bay
Cooling: Ceiling Fan,Electric Furnishings:
Flooring: Other Garage:
Tax Amount: $0 (2023) Pets:
Utilities: Electric,Public Sewer,Public Water Equipment / Appliances:
Short Sale /
Bank Owned:
Home View:
Home Design: Dining Area:
Elem. School: Middle School:
High School: Virtual Tour: Yes