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    • Central Bay Realty & Property Management
      732 Ohio Ave
      Lynn Haven, FL 32444
      (850) 257-5016
      centralbayrealstate@gmail.com

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        $6,243,750
        For Sale

        3510/ 3536 Saint John Street

        Panama City, FL 32401
        1.51 acres | #990826
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        39 photos
        Type:Purchase
        Structure:Land
        Zone:Residential

        Description

        This 50-unit garden-style community delivers strong fundamentals and consistent performance, supported by a diverse unit mix of 8 one-bed, 20 two-bed, 12 three-bed, and 10 four-bed units. With 42 units renovated since 2020--featuring updated flooring, fresh paint, windows, and fixtures--the property offers modern appeal and reduced turnover risk. Additional income is generated through an on-site laundry facility, and a separate office building with storage provides valuable operational flexibility. Major capital improvements include new metal roofs, upgraded electrical panels, and multiple HVAC and water-heater replacements, minimizing near-term CapEx exposure.

        • Property Details
            • Property TypePurchase
            • Cost6243750
            • MLS #990826
            • MLS #990826
            • Acres1.51
            • Property SubtypeE

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        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.


        Last Updated: Today at 4:53 PM. Source: ECAR

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        Listing Agent:  (#20200619173014909900000000)
        Listing Office: Luxe Coastal Realty (#20210702183009783763000000)

        Steve Boulay & Kristi Lawson | Central Bay Realty & Property ManagementReal Estate Group
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