644 Caladium Circle Panama City, FL $ 3,404,000
644 Caladium Circle
$ 3,404,000
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644 Caladium Circle

Panama City, FL, 32401
$ 3,404,000
Bedrooms-- Baths26.0

Monthly Estimate*

$ 20,959

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Commercial Property for sale in Panama City, FL

for $3,404,000 with 26 full baths. This building was built in 1982.

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 unitsa''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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Commercial Active

Price

$ 3,404,000

Full Bath

26

Property Type

Commercial

Taxes

$ 14,003

Style

Year Built

1982

Town/City

Panama City

County/Region

Bay

MLS | Web ID

RX11145663

Features
General
Heating Electric
Cooling Wall-Win A/C
Utilities Cable Electric Public Sewer Public Water
Possession At Closing Funding
Roof Other
Zoning Commercial
Status Active
Year Built 1982
Stories Count 2.0
Type MultiFamily (5+ Units)
Property Type E
Area 5940
Auction No
Tax Year 2024
Terms Considered Assumable-Qualify Cash Conventional
Use Other
Virtual Tour https://www.propertypanorama.com/644-Caladium-Circle-Panama-City-FL-32401/unbranded
Geo Area Other Geographic Area
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
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Interior
Flooring Other
Total Number of Units 26
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Exterior
Lot Size 0.26
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Internal Only
OriginalMLSID RX-11145663
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* Excluded Features
List By
Marcy L O'Donnell

Listing Agent

Luxe Coastal Realty Group Llc

Broker

marcylodonnell@gmail.com

Email

Affordability Calculator

$22,126
Per Month
95%
5%
0%
Monthly Principal & Interest
$20,959
Monthly Property Taxes
$1,167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$3,404,000 Listed Price

Map


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644 Caladium Circle, Panama City, FL, 32401 is a Commercial Property for sale at $3,404,000. 644 Caladium Circle has 26.0 baths and was built in 1982. The property's zip code is 32401 which is in Panama City, FL