644 W Caladium Circle
Panama City Beach, FL 32413
$3,404,000
Active
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.
Listing details MLS# 990828
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2718 - Beach - Central South
- County
- Bay
- Parcel ID
- 33832-001-000 & 33832-003-000
- Legal description
- OPEN SANDS LOTS 1 & 2 BLK A ORB 3898 P 1025 & OPEN SANDS (1.01) TRI PCL ADJ S LINE BLK A ORB 3898 P 1025
General Property Info
- Property type
- Commercial for Sale
- Acreage
- 0.26
- Lot size (sq ft)
- 11325.6
Remarks and Misc
- Directions
- From Hwy 79 take Front Beach Road East to Gulf. Take a left and building will be first one on the left.
