644 W Caladium Circle, Panama City Beach, FL, 32413
1982
9,660 sqft
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!
Status:
Active
Type:
Commercial
Units:
26
Zoning:
PCB17
Complex:
OPEN SANDS
Building Type:
Free Standing,Income,Resident. Multi-Fam.
Heating:
Electric
Cooling:
Ceiling Fan, Electric
Levels:
2
Acreage:
0.26
Est. Taxes:
$14,338
Current Use
Hotel/ Motel,Income
Utilities
Electric,Public Sewer,Public Water
Lease Term Type:
None
Owner Pays:
Cable
MLS #:
RX-11008696
Community Info
School Info
Walk Score
Yelp
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