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    114 Highway 22 A Panama City, FL 32404

    Sponsored
    For Sale
    $1,950,000

    MULTI_FAMILY - Panama City, FL

    Lot size:
    0.65 Acres
    Days on Market:
    41
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 114 Highway 22 A

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    25010-008-000
    Lot size
    0.65 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central

    Building Details

    Year built
    1984
    Flooring type
    Tile, Carpet
    Building materials
    BrickVeneer, Stucco

    Keller Williams Success Realty (850) 249-0313 [email protected]

    Listing agent Jeff Payne (850) 249-0313 License #3168006

    Listing date Nov 26, 2025

    Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Panama City Multifamily Investment Opportunity

    This is a 14-unit apartment complex situated in Parker, Florida, conveniently located near shopping centers, restaurants, and Tyndall Air Force Base. The property consists of 4 separate buildings, each containing units with 2 bedrooms and 1.5 baths. Unit square footage ranges from 750 to 950 sq ft. The 950 sq ft units feature in-unit laundry, while the 750 sq ft units have laundry facilities in attached storage areas. The property occupies a 0.65-acre lot. Many of the units and roofs were updated after Hurricane Michael. The complex is currently fully operating and 100% occupied, presenting an opportunity to own an established apartment business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.599915
    Latitude
    30.144886

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    FAQs

    What type of property is this?
    Apartment building - 14-unit apartment complex in Parker, near shopping and Tyndall AFB.
    Where is this apartment building located?
    The property is located at 114 Highway 22 A Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - 100% Occupied Apartment Complex; - Located close to shopping, restaurants, and Tyndall AFB; - 14 Units in 4 Separate Buildings
    (850) 890-2724
    Request Owner's contact information
    114 Highway 22 A Panama City, FL 32404
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    114 Highway 22 A
    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Highway 22 A Panama City, FL 32404
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