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.
644 Caladium Circle, Panama City, FL, 32401
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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