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644 Caladium Circle

Panama City, FL

Listing Details

  • $3,404,000
  • MLS# R11145663
  • Type Commercial - Business
  • Status Active
  • 0.260 acres
    Lot Size
  • 1982
    Year Built

Description

644 W Caladium Circle presents a rare, high-performing investment opportunity in a premier beachside location. This fully refreshed 26-unit complex features 22 studios, two 1BR/1BA units, and two 2BR/1BA units''each updated with new paint, composite flooring, modern fixtures, refreshed bathrooms, and upgraded appliances. A consistently strong occupancy rate ensures immediate Day-One cash flow, further enhanced by an income-producing onsite laundry facility that adds to overall revenue. Ideally positioned directly across from the Gulf with beach views and easy walkability to dining, shopping, Pier Park, Topgolf, and easy access to Dolly Parton's... Read more Pirates Voyage Dinner & Show, this property offers exceptional potential for both long-term and short-term rental strategies. With recent pricing adjustments, this coastal asset now delivers even greater value in one of PCBs most in-demand corridors.

Key Features

No amenity information available.

View All Features
644 Caladium Circle
Panama City, FL 32401
County
Bay

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Business
  • Building Features: Free Standing
  • Cooling: Wall/Window Unit(s)
  • Days on Site: 198
  • Heating: Electric
  • Lot Size: 0.26 Acres
  • Parcel#: 33832001000
  • Roof Type: Other
  • Security: Fire Sprinkler System
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $14,003
  • Units: 26
  • Utilities: Cable Available
  • Utilities: Cable Available
  • Water: Public
  • Year Built: 1982