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3510/ 3536 Saint John Street, Panama City FL 32401

Comercial En Venta
$6,243,750

BTC: 97.27041495

ETH: 3,541.66903014

199 días
0 room(s)

Visión general

This 50-unit garden-style community delivers strong fundamentals and consistent performance, supported by a diverse unit mix of 8 one-bed, 20 two-bed, 12 three-bed, and 10 four-bed units. With 42 units renovated since 2020—featuring updated flooring, fresh paint, windows, and fixtures—the property offers modern appeal and reduced turnover risk. Additional income is generated through an on-site laundry facility, and a separate office building with storage provides valuable operational flexibility. Major capital improvements include new metal roofs, upgraded electrical panels, and multiple HVAC and water-heater replacements, minimizing near-term CapEx exposure. Steady occupancy and an assumable $4.57M, 3.75% fixed-rate non-recourse loan enhance the investment's strength in today's lending environment. Positioned near major retailers, schools, employment centers, and within minutes of Panama City Beach, the property sits in a high-demand rental corridor with long-term growth potential. A recent price adjustment further improves the opportunity for investors seeking stability and upside.

Ubicación

Detalles

Tipo:
Commercial Sale
Estacionamiento:
Sin datos
Año de construcción:
1970
Lote:
2.80 Hectáreas
Calefacción:
Electric
precio por sq. medidor:
Sin datos
Enfriamiento:
Wall/Window Unit(s)
HOA:
Sin datos

Destacados

Annual tax
$18,237
2025
Más hechos y características
  • Piso

    • Other

    Calefacción

    • Electric

    Enfriamiento

    • Wall/Window Unit(s)

    Otras características interiores

    • Fire Sprinklers

  • Propiedad

    • Pisos: 2

    Lote

    • Lote: 2.80 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 2338800000023389000000

    • Zonificación: Multi Family

  • Tipo y estilo

    • Tipo de propiedad: Commercial Sale

    • Subtipo de propiedad: Multi Family

  • Utilidad

    • Cable Connected

    • Cable Available

  • Otra información financiera

    • Importe anual de impuestos: $18,237

  • Detalles de la fuente

    • MLS ID: R11145658

    Otros hechos

    • Fuente de agua: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Coastal Realty Group LLC