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644 Caladium Circle W, Panama City Beach 32413 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 956090 Price: $3,700,000.00 Year Built: Not available
Square Feet: Not available Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 0.26 acres Lot Dimensions: Not available

Subdivision: Not available

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!

Photos

Features

Not available

Commercial Features

  
Multi-Family Number of Units: 26
Multi-Family Net Operating Income: 184269.6

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This listing provided courtesy of Luxe Coastal Realty.
This information was last updated on 11/21/2024 1:06:09 AM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.


We are members of:
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