644 W Caladium Circle, Panama City Beach, FL, 32413

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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