6321 Lenawee Street D, Panama City, FL 32404 (MLS# 794715)

6321 Lenawee Street D, Panama City, FL 32404

New Listing

$2,075,000

all_floors_6321_lenawee_street_d1_panama

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 13,500 Lot Size (sq. ft.): 29,185 Status: Active

Current Price: $2,075,000 List Date: 8/28/2026 Last Modified: 8/28/2026

Overview

Description

Investor opportunity! The Lenawee Apartments, located at 6318-6321 Lenawee St in Panama City, FL, offer a multifamily investment opportunity with 18 total units across five buildings. The property includes four quadplexes with 16 two-bedroom, one-bath units of approximately 750 square feet each, along with a duplex featuring two additional two-bedroom, one-bath units of approximately 832 square feet each. All five buildings were constructed in 1985 and feature stucco exteriors. Recent improvements include 2019 roofs and 2020 water heaters, and the units are individually metered for water and electricity. Conveniently located near retail, dining, major roadways, and Tyndall Air Force Base, the property offers strong potential for an investor looking to add a multifamily property to their portfolio.

Listing Details MLS# 794715

Contract Info

List Price/SqFt: 153.7

Location

Area: 02 – Bay County – Central
Street #: 6321
Street Name: Lenawee
Street Suffix: Street
Unit #: D
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 06901-000-000
Elementary School: Callaway
Middle School: Rutherford Middle
High School: Rutherford
Directions: Traveling south on US-98 in Callaway, turn left onto Cherry Street. Continue straight on Cherry Street, then turn right onto S Jan Drive. Turn left onto Olokee Street, then turn right onto S Comet Ave before turning right onto Lenawee Street. 6321 Buildings A-D will be on your right at the end of the dead-end road and 6318 Lenawee is on the left.
Legal Description: CALLAWAY PLAT (19.2) 132B1 BEG AT NE COR OF LOT 18 S 95' TO N R/W OF LENAWEE ST W 29.22 TO E SIDE OF DITCH NWLY 95' TO N LINE LOT 18 E 38.85' TO POB AKA W 35.5' OF LOT 19 & PT LOT 18 LYING E OF DITCH BLK 48 ORB 4267 P 982

General Property Info

Sub-Type: Multi Family
Design: N/A
Apx SqFt(Htd/Cooled): 13500
SqFt Source: Prop App Site
Full Baths: Yes
Total Baths: Yes
# of Stories in Building: 2
# of Units in Bldg: 4
Accessory Dwelling Unit: No
Year Built: 1985
Immediate Occupancy: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 47.0 ft x 95.0 ft
Acreage: 0.67
Lot Size (SqFt): 29185
Pool: No

Listing Info, Tax and Legal

Homestead: No
HOA Fee: No
Is Subject Leased: Yes
Rent/Mo: 1000
New Buyer Fee: No
Last Taxes: 1957.41
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Section: 17
Township: 4S
Range: 13W

Remarks & Misc

Remarks: Investor opportunity! The Lenawee Apartments, located at 6318-6321 Lenawee St in Panama City, FL, offer a multifamily investment opportunity with 18 total units across five buildings. The property includes four quadplexes with 16 two-bedroom, one-bath units of approximately 750 square feet each, along with a duplex featuring two additional two-bedroom, one-bath units of approximately 832 square feet each. All five buildings were constructed in 1985 and feature stucco exteriors. Recent improvements include 2019 roofs and 2020 water heaters, and the units are individually metered for water and electricity. Conveniently located near retail, dining, major roadways, and Tyndall Air Force Base, the property offers strong potential for an investor looking to add a multifamily property to their portfolio.

Dining Room

First: Yes

More Information

Appliances

Cooktop – Electric: Yes
Oven – Electric: Yes
Refrigerator: Yes
Water Heater – Electric: Yes

Interior Features

Floor – Tile: Yes

Construction/Siding

Siding – Stucco: Yes

Existing Leases

1 or More Years: Yes

Exterior

Deck Open: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Dead End: Yes

Lot Access

City Street: Yes
Paved Road: Yes

Parking Features

Assigned: Yes

Present Zoning

Resid Multi-Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Full Bathroom: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Sale Type

As Is: Yes

Full Bathroom

First: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Central Air: Yes

Heating

Electric: Yes

Property Features

Appliances: Cooktop – Electric; Oven – Electric; Refrigerator; Water Heater – Electric Full Bathroom: First Primary Bedroom: First Bedroom: First Cooling: Central Air Heating: Electric Existing Leases: 1 or More Years Exterior: Deck Open Financing: Cash; Conventional Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Dead End Lot Access: City Street; Paved Road Dining Room: First Parking Features: Assigned Rooms: Bedroom; Dining Room; Full Bathroom; Kitchen; Living Room; Primary Bedroom Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Primary Bedroom	First	101 x 13	101.00	13.00	to be verified by buyer
Living Room	First	14 x 14	14.00	14.00	to be verified by buyer
Bedroom	First	11 x 10	11.00	10.00	to be verified by buyer
Kitchen	First	11 x 8	11.00	8.00	to be verified by buyer
Dining Room	First	10 x 8	10.00	8.00	to be verified by buyer
Full Bathroom	First	8 x 5	8.00	5.00	to be verified by buyer

Listing Office: CENTURY 21 Commander Realty

Last Updated: August – 28 – 2026

Information deemed reliable but not guaranteed.