Property 644 Caladium Circle, Panama City, FL 32401 for sale with MLS# R11145663
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 unitsâZ''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.
644 Caladium Circle, Panama City, FL 32401
- Price:
- $3,404,000.00
- Original List Price:
- $3,404,000.00
- Tenant Pays:
- Electricity
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Contingency:
- Pending
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- August 9, 2026 1:52 pm
- Bathrooms Total:
- 26
- Building Area Source:
- Owner
- Lot Size Acres:
- 0.26
- Security:
- Smoke Detector(s), Fire Sprinkler System
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s), Ductless
- Heating
- Heating System:
- Electric
- Building:
- Free Standing
- Year Built:
- 1982
- Roof:
- Other
- Number of Units Total:
- 26
- Construction Materials:
- Stucco
- Flooring:
- Wood, Other
- Stories:
- 2
- Tax Annual Amount:
- $14,003.00
- Tax Year:
- 2024
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Financial Statement
- Listing Terms Considered by Seller:
- Cash, Conventional, Assumable (The financing currently in place may be assumed)
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- OPEN SANDS LOTS 1 & 2 BLK A ORB 3898 P 1025 & OPEN SANDS (1.01) TRI PCL ADJ S LINE BLK A ORB 3898 P 1025
- Real Estate Folio Number (Parcel Number):
- 33832001000
- Zoning:
- Commercial
- Active on the market since:
- December 5, 2025
- Listing Agreement executed on:
- December 5, 2025
- Purchase Contract Date:
- August 6, 2026
- Listing Status Last Changed On:
- August 9, 2026 1:52 pm
- Photos updated on:
- December 5, 2025 7:48 pm
- Last Modified:
- August 9, 2026 1:53 pm
- Courtesy of:
- Luxe Coastal Realty Group LLC
- Attribution:
- Not provided
- Street Name:
- Caladium
- Street Number:
- 644
- City:
- Panama City
- State:
- Florida
- Zip Code:
- 32401
- County:
- Bay
- Latitude:
- N30° 12' 23.5''
- Longitude:
- W86° 8' 30.4''
- Street Suffix:
- Circle
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 644 Caladium Circle, Panama City, FL 32401
