644 Caladium Circle, Panama City Beach, FL 32413

$3,404,000

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List Price
$3,404,000
MLS#
782382
Acres
0.26
Lot Size
11,325
Subdivision
Open Sands
Year Built
1982

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 units 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.

Additional Information

Waterview
Gulf
Stories
2
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Luxe Coastal Realty Group LLC.