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644 Caladium Circle, Panama City FL 32401

Commercial For Sale
$3,404,000

BTC: 53.03038919

ETH: 1,930.86548606

199 days
0 room(s)

Overview

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.

Location

Florida • Panama City • 32401 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1982
Lot:
0.26 Acres
Heating:
Electric
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$14,003
2024
All facts and features

  • Flooring

    • Other

    Heating

    • Electric

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Fire Sprinklers

  • Property

    • Levels: 2

    Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 33832001000

    • Zoning: Commercial

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • Annual tax amount: $14,003

  • Source details

    • MLS ID: R11145663

    Other facts

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
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More like this

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Market around this address

Live counts in the same area.
View all
This zip
32401
11
median $86K
Active
Same city
Panama City
33
median $210K
Active
Same type
Commercial
4
median $2.1M
Active
Similar price
$2.4M – $4.4M
1
median $3.4M
Active

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