644 Caladium Circle,Panama City, FL 32401
Panama City, FL 32401
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. With recent pricing adjustments, this coastal asset now delivers even greater value in one of PCB's most in-demand corridors.
Details
| MLS # | R11145663 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1982 |
| Days On Site | 333 |
| Listing Provided By | Luxe Coastal Realty Group LLC | Marcy L O'Donnell |
Features
| Bath(s) | 26 |
|---|---|
| Story(s) | 2 |
| Units | 26 |
| Zoning | Commercial |
| Acreage | 0.26 |
Taxes
| Tax Annual Amount | 14003 |
|---|
Area Information
| State | FL |
|---|---|
| County | Bay |
| City | Panama City |
| Zip Code | 32401 |
| Area | 5940 Other Florida County |
| Listing VS Median (in 32401) | |
Price: $3,404,000 low | high Med: $6,243,750 On site: 333 low | high Med: 333 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Bay |
| City | Panama City |
| Zip Code | 32401 |
| Area | 5940 Other Florida County |
| Listing VS Median (in 32401) | |
Price: $3,404,000 low | high Med: $6,243,750 On site: 333 low | high Med: 333 | |