REQUEST A TOUR
Listed by Luxe Coastal Realty Group LLC
$ 3,404,000
Est. payment /mo
New
644 Caladium CIR Panama City, FL 32401
26 Baths
0.26 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Sale
MLS Listing ID RX-11145663
Year Built 1982
Annual Tax Amount $14,003
Tax Year 2024
Lot Size 0.260 Acres
Property Sub-Type MultiFamily (5+ Units)
Property 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 unitsa''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 Pirates Voyage Dinner & Show, this property offers exceptional potential for both long-term and short-term rental strategies.
Location
State FL
County Bay
Area 5940
Zoning Commercial
Interior
Heating Electric
Cooling Wall-Win A/C
Flooring Other
Fireplaces Type Sprinkler
Exterior
Utilities Available Cable, Electric, Public Sewer, Public Water
Roof Type Other
Building
Story 100.00
Others
Acceptable Financing Assumable-Qualify, Cash, Conventional
Listing Terms Assumable-Qualify, Cash, Conventional
Financing Assumable-Qualify,Cash,Conventional
Virtual Tour https://www.propertypanorama.com/644-Caladium-Circle-Panama-City-FL-32401/unbranded