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644 W Caladium Cir
Panama City Beach, FL 32413

$3,404,000 USD

Apartments For Sale • 18,536 SF

Property Details

Property Type Apartments
Total Building Size 18,536 SF
Lot Size 0.26 AC
Building Class C
Year Built 1982
Zoning R-3

30 Transit Score

30 Walk Score

                
                    Highlights
                
                                Projected STR conversion strategy indicates potential NOI growth from ~$152K to ~$725K, representing a projected 21.3% cap rate at current list price.
                            
                                Prime Beachside Location – Directly across from the Gulf near Pier Park, Topgolf, and major PCB attractions.
                            
                                Multiple Upside Paths – Rent growth, operational efficiencies, onsite laundry income, and potential short-term or hybrid rental conversion.

Amenities

Cable Ready
Laundry Facilities
Microwave
Refrigerator
Oven
Range

Public Transportation

Airport	Drive	Walk	Distance
Northwest Florida Beaches International	24 min	-	15.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	18
Type:	Surface
Included in Rent:	Yes

Marcy O'Donnell 848-220-5555 Luxe Coastal Realty

644 W Caladium Cir Panama City Beach, FL 32413