644 Caladium Circle, Panama City Beach, FL 32413
$3,404,000
Property Type:
Commercial for Sale
Square Footage:
9,660
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$3,404,000
List Date:
12/05/2025
Last Modified:
12/05/2025
Overview
Description
Listing Details MLS# 782382
Contract Info
- List Price/SqFt
- 352.38
- Sub-Type
- Multi-Family
Location
- Area
- 03 – Bay County – Beach
- Street #
- 644
- Street Name
- Caladium
- Street Suffix
- Circle
- State
- FL
- Zip Code
- 32413
- County
- Bay
- Sub Area
- 0318 – Beach – Central South
- Subdivision
- Open Sands
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 33832-003-000 & 33832-001-000
- Elementary School
- Hutchison Beach
- Middle School
- Surfside
- High School
- Arnold
- Directions
- From Hwy 79 take Front Beach Road East to Gulf. Take a left and building will be first one on the left.
- Legal Description
- OPEN SANDS (1.01) TRI PCL ADJ S LINE BLK A ORB 3898 P 1025 & OPEN SANDS LOTS 1 & 2 BLK A ORB 3898 P 1025
General Property Info
- List Class
- Apartment
- Construction Status
- Construction Complete
- # of Units
- 26
- # of Stories in Building
- 2
- Acreage
- 0.26
- SqFt Tot Bldg
- 9660
- Year Built
- 1982
Multi-Family
- # of Units
- 26
Listing Info, Tax and Legal
- HOA Fee
- No
More Information
Remarks & Misc
- Remarks
- 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 units—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.
Waterview
- Gulf
- Yes
Sale Type
- As Is
- Yes
Floors in Unit/Home
- Two
- Yes
Property Features
Sale Type:
As Is
Waterview:
Gulf
Listing Office:
Luxe Coastal Realty Group LLC
Last Updated: December – 05 – 2025
Information deemed reliable but not guaranteed.