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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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644 Caladium Cir , Panama City, FL 32401
$3,404,000
Est. Payment: $7,564.44/mo
0 Bed
0 Bath
0 Sqft
Status: Pending | Days on site: 244
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FLL251008652 - FLL251007897
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Marcy L O'Donnell , 848-220-5555 Luxe Coastal Realty Group LLC , 848-220-5555.

Property Type

Commercial Sale
Lot/Acreage
0.26

Year Built

1982

County

Bay

Area

5940 Florida Other

Listing ID

R11145663

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Ceiling Fan(s),Wall/Window Unit(s)
Fireplaces:
Floor:Hardwood,Wood
Water:Public

Exterior Features

Zoning:Commercial
Roof:Other
Sewer:Public Sewer
Principal Interest
$7,564
Taxes
$1,167

Home Price

$3,404,000

Loan Details

30 yrs
%

Down Payment

20%
$680,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,564.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,564.44 $1,166.92 $0.00 $8,731.36
Yearly $90,773.33 $14,003.00 $0.00 $104,776.33
Total $2,723,200.00 $420,090.00 $0.00 $3,143,290.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.