644 W Caladium Circle, Panama City Beach, FL 32413

$3,404,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $3,404,000 List Date: 12/05/2025 Last Modified: 12/05/2025

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.

Supplements: With recent pricing adjustments, this coastal asset now delivers even greater value in one of PCB's most in-demand corridors.

More Information MLS# 990828

None

Current Price: $3,404,000

Status Change Info

Status: Active

Contract Info

GCCMLS Number: 43959531 List Date: 2025-12-05 List Price: $3,404,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County Street #: 644 Street Direction: W Street Name: Caladium Street Suffix: Circle State: FL Zip Code: 32413 County: Bay Parcel ID: 33832-001-000 & 33832-003-000

General Property Info

Acreage: 0.26

Multi-Family

# of Units: 26

Property Features

Class: Multi-Family
Listing Office: Luxe Coastal Realty
Last Updated: December - 05 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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