$6,750,000
For Sale

3510 St John Street

Panama City, FL 32401
Browse 39 photos
Type:Purchase
Structure:Land
Zone:Residential

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

  • Property Details
      • Property TypePurchase
      • Cost6750000
      • MLS #972562
      • MLS #972562
      • Pool1
      • Property SubtypeE

Location

Central Bay Realty and Property ManagementReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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