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$ 6,750,000
Est. payment /mo
New
3510 St John Street Panama City, FL 32401
2.8 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 972562
Lot Size 2.800 Acres
Acres 2.8
Property Description
Welcome to an exceptional investment opportunity in the thriving multifamily sector--a 50-unit garden-style apartment community now available for sale. This meticulously maintained property is perfectly poised for the discerning investor seeking both stability and growth potential. Comprised of a diverse mix of units, the community offers 12 one-bedroom, 22 two-bedroom, 18 three-bedroom, and 8 four-bedroom apartments, catering to a wide range of tenants. With 42 of the units elegantly renovated since 2020, residents enjoy modern amenities and finishes, including composite flooring, fresh interior paint, and updated windows. Significant capital improvements have been made to ensure long-term durability and reduced maintenance costs, such as all-new metal roofs and substantial replacements
Location
State FL
County Bay
Area 27 - Bay County
Listed by Luxe Coastal Realty