MLS#R11145663
STATUSActive
PROPERTY TYPECommercial - Business
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 units??''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. With recent pricing adjustments, this coastal asset now delivers even greater value in one of PCB's most in-demand corridors.
Property Features
Property Type: Commercial - Business
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.26 Acres
Roof Type: Other
Stories: 2.0
Taxes: $14,003
Year Built: 1982
Feature Descriptions
Building Features: Free Standing
Days on Site: 132
Parcel#: 33832001000
Security: Fire Sprinkler System
Sewer: Public Sewer
Units: 26
Utilities: Cable Available
Utilities: Cable Available
Water: Public
Listed By / Shown By
Listed By
Agency Name: Luxe Coastal Realty Group LLC
Agency Phone: 848-220-5555
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
644 Caladium Circle | MLS# R11145663
This commercial property located at 644 Caladium Circle, Panama City, FL 32401 is currently listed for sale with an asking price of $3,404,000. Search Panama City real estate on www.realtymarkllc.com today.