FL > Panama City
Panama City, FL 32401,644 Caladium CIR
Panama City, FL 32401,644 Caladium CIR
Panama City, FL 32401,644 Caladium CIR
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Rich Schildhorn

Rich Schildhorn

+1(561) 702-4676
Listed by Luxe Coastal Realty Group LLC
$3,404,000
Est. payment /mo
26 Baths
0.26 Acres Lot
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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

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Rich Schildhorn

Rich Schildhorn

+1(561) 702-4676

REALTOR® / Owner | License ID: SL649321

REALTOR® / Owner License ID: SL649321

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