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644 Caladium CIR Panama City Beach, FL 32413
9,660 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,660 sqft
Price per Sqft $352
Subdivision Open Sands
MLS Listing ID 782382
HOA Y/N No
Year Built 1982
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Multi Family
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 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
State FL
County Bay
Area 03 - Bay County - Beach
Interior
Fireplace No
Exterior
View Y/N Yes
View Gulf
Building
Story 2
Entry Level Two
Level or Stories Two
Schools
Elementary Schools Hutchison Beach
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 33832-003-000 & 33832-001-000
Special Listing Condition Listed As-Is
Listed by Luxe Coastal Realty Group LLC
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