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David Cohen

davidcohenrealty@gmail.com +1(305) 733-2218

Est. payment - /mo

26 Baths

0.26 Acres Lot

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID R11145663

HOA Y/N No

Year Built 1982

Annual Tax Amount $14,003

Tax Year 2024

Contingent Appraisal,Financing,Inspection

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Multi Family

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 unitsâ''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. With recent pricing adjustments, this coastal asset now delivers even greater value in one of PCB's most in-demand corridors.

Location

State FL

County Bay

Area 5940 - Other Florida County

Direction From Hwy 79 take Front Beach Road East to Gulf. Take a left and building will be first one on the left.

Region Panama City

City Region Panama City

Interior

Heating Electric

Cooling Ceiling Fan(s), Ductless, Wall/Window Unit(s)

Flooring Other, Wood

Fireplace No

Exterior

Utilities Available Cable Available

Water Access Desc Public

Roof Type Other

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Pets Allowed No

Tax ID 33832001000

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Assumable, Cash, Conventional

Listing Terms Assumable, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/644-Caladium-Circle-Panama-City-FL-32401/unbranded

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Listed by Marcy L O'Donnell Luxe Coastal Realty Group LLC

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David Cohen

REALTOR® Associate License ID: SL3237271

+1(305) 733-2218 | davidcohenrealty@gmail.com

644 Caladium CIR Panama City, FL 32401

David Cohen

Key Details

Location

Interior

Exterior

Building

Others

644 Caladium CIR

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