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240 Harmon, Panama City, FL 32401

Commercial For Sale
$6,197,500

BTC: 206.58333333

ETH: 3,098.75000000

-$502K (2025/12/05)
251 days
Waterfront
0 room(s)
29,796 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This exceptional 34-unit waterfront community, complete with a 22-slip marina, is now offered at a newly adjusted price, creating an even stronger value proposition for investors. In addition to its comprehensive renovations and prime waterfront amenities, the property includes an income-generating on-site laundry facility and a low-maintenance marina that produces steady revenue, further strengthening the asset's operational performance. With 22 units fully renovated down to the studs in 2020, upgraded mechanicals, new roofs, contemporary interiors, and a history of consistently high occupancy, this community offers both stability and long-term growth potential.

Location

Florida • Panama City • 32401 • Commercial • For Sale • Waterfront

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1966
Lot:
No Data
Heating:
No Data
Price/sqft:
$208
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 20213000000

    • Zoning: PC05

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $39,861

  • Source details

    • MLS ID: RX-11076691

    Other facts

    • Direction Faces: Take Beach Drive south to E 2nd Court and turn left. Turn left on Harmon Ave and building will be on the right.

    • Waterfront: Yes

    • Garage: Yes

    • Living Area: 29796

    • Subdivision Name: DAVIS PLAT

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Beaches MLS. 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