Rima Bishuti - Jackie Davis & Team
644 Caladium Circle, Panama City, FL, 32401
1982
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 unitsa''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.
Status:
Active
Type:
Commercial
Units:
26
Zoning:
Commercial
Building Type:
Free Standing
Heating:
Electric
Cooling:
Wall-Win A/C
Levels:
2.0
Acreage:
0.26
Est. Taxes:
$14,003
Current Use
Other
Utilities
Cable,Electric,Public Sewer,Public Water
Lease Term Type:
None
Owner Pays:
Electric
MLS #:
RX-11145663
Community Info
School Info
Walk Score
Yelp
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