MLS # 740961 | $3,998,000
Panama City Beach Real Estate
Overview
- Bedrooms: 0
- Full Baths:
- Half Baths: 0
- Square Footage: 0
- Built: 1939
- Acreage: 1.03
Location
-
108 Casa Place Place
Panama City Beach, FL 32413
See On Map - County: Bay
- Area: 03 - Bay County - Beach
- Sub Area: 0324 - Beach - West Central
- Subdivision: Laguna Beach
HIGHLIGHTS
Property Type, MultiFamily
High School, Arnold
Middle School, Surfside
DESCRIPTION
Rare multi-family opportunity situated in the heart of Laguna Beach steps from the sugar white sands of the emerald coast. 100% leased, the Sandman Community showcases 21 units: 16 - 2 Bedroom Apartments | 3 - 1 Bedroom Apartments | 1 - 2 Bedroom Residence | 1 - 1 Bedroom Studio. Additional structures included are a community pool, pavilion, laundry facility and overflow parking. Many of the units have recently been remodeled to bring a modern touch to this classic development. Offering over $428K in annually income, Sandman is a sound investment boasting instant cash flow with long term re-development prospects. Opportunities of this nature are rare along the Gulf of Mexico. Do not miss the chance to add this Panama City Beach multi-family complex to your investment portfolio.MAP & DIRECTIONS
Driving Directions: Heading east on HWY 98 from the Walton / Bay County Line. Turn south on Casa Place. Sandman Apartments are located on the east side of the street near the beach.
Listed by Corcoran Reverie | Updated 03/28/2024 17:23:28
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.