BEDS8
BATHS8 full 4 partial
SQUARE FEET4,028
MLS#786224
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLincoln Park 1st Addition
Property Description
Brand-New Quadruplex Across from MLK Recreation Center - Panama City, FL Prime investment opportunity in Panama City, Florida. This newly constructed quadruplex features four spacious 2-bedroom, 2-bathroom units (8 bedrooms / 8 bathrooms total) and is located directly across from the newly developed Martin Luther King Jr. Recreation Center. The 30,000+ square-foot recreation facility enhances long-term rental demand with amenities including indoor and outdoor basketball courts, gymnasium space, STEM labs, recording studio, playground, and community programming -- making this an attractive location for tenants. This property offers: ¢ Brand-new construction ¢ Modern layouts with strong rental appeal ¢ Low-maintenance design, with garage ¢ High-demand infill location Ideal for buy-and-hold investors, 1031 exchange buyers, or portfolio expansion in the growing Bay County market. Each unit has been subdivided and has its own parcel id number for easy breakout if the units were to be sold independently. Construction complete March 20th. Owner/Agent
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), Heat Pump, Separate Mete
Garage: 1
Heating: Electric, Heat Pump
Lot Size: 0.18 Acres
Roof Type: Metal
Taxes: $326
Year Built: 2026
Amenities
Smart Thermostat
Feature Descriptions
Appliances: Electric Cooktop, Electric Range, Ice Maker
Community Features: Short Term Rental Allowed
Exterior: HardiPlank Type, Wood Frame
Flooring: Luxury Vinyl Plank
Lot: Paved
Lot Dimensions: 106 x 80
Parcel#: 17553-000-000
Parking: Garage, Garage Door Opener
Parking Notes: Garage, Garage Door Opener
Security: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Electricity Available, Underground Utilities
Window: Double Pane Windows
Room Sizes
Garage: 20 X 14 Level - First
Kitchen: 14 X 11 Level - First
Primary Bathroom: 8.6 X 5 Level - Second
Family Room: 20 X 15 Level - First
Bedroom: 10 X 13 Level - Second
Primary Bedroom: 13 X 14 Level - Second
Half Bath: 8 X 4 Level - First
Full Bath: 8.6 X 5 Level - Second
Local Schools
High School: Bay
Middle School: Jinks
Elementary School: Northside
Listed By / Shown By
Listed By
Agency Name: JC Real Estate Group, LLC.
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,343.02 per month $2,047.52 Principal & Interest $27.17 Property Tax $268.33 Homeowner's InsuranceChange Payment Information
1421 N Martin Luther King Jr Boulevard | MLS# 786224
This multi-family property located at 1421 N Martin Luther King Jr Boulevard , Panama City, FL 32401 is currently listed for sale with an asking price of $920,000. Search Panama City real estate on www.realtymarkllc.com today.