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    3820 Treasure Cir Panama City, FL 32408

    For Sale
    $699,900

    MULTI_FAMILY - Other - Panama City, FL

    Property size:
    2,204 SF
    Lot size:
    0.15 Acres
    Days on Market:
    131
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 3820 Treasure Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 2, Family Room, Bathroom 2
    Bedrooms
    5
    Bathrooms
    4
    APN
    31582-000-000
    Parking features
    Driveway, Oversize
    Patio and Porch features
    Patio
    Pool private
    1
    Interior features
    BreakfastBar, Fireplace, HighCeilings, KitchenIsland, SplitBedrooms, VaultedCeilings
    Exterior features
    Balcony, CoveredPatio, OutdoorShower
    Fencing
    Privacy
    Fireplace
    1
    Appliances
    Dryer, Dishwasher, ElectricOven, ElectricRange, Disposal, Microwave, Washer
    Size
    2,204 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Fireplace(s), Central
    Cooling system
    Heat Pump, Ductless

    Building Details

    Year built
    1983
    Floors in Building
    2
    Building materials
    WoodFrame
    Roof type
    Metal
    Architectural style
    Other

    Beachy Beach Real Estate (850) 527-5651 [email protected]

    Listing agent Kay C Blanchard (850) 233-4351

    Listing date Aug 5, 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

    Renovated Multi-Unit Rental Property

    This turnkey property, featuring two completely renovated rental units, is being sold fully furnished. The property has a proven rental history and projections of $85,000 to $100,000. Outdoor amenities include a covered sitting area, swim spa, and shower. The ground floor studio apartment sleeps four and includes a kitchenette, Murphy bed, and sitting area. The upstairs unit offers more than 2000 square feet, featuring two primary bedroom suites and two additional bedrooms sharing a Jack and Jill bathroom. The kitchen includes granite countertops and an island, and the family room features a fireplace. The property provides easy access to local attractions, including St. Andrew State Park, beaches, and dining options. Recent renovations include a new solid metal roof, new windows and doors, new and resurfaced railings and decks, a new heat pump upstairs, a new mini-split in the studio apartment, and new water heaters. The property is connected to city water and sewer. The property is situated on a 0.15-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.750049
    Latitude
    30.143519

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    FAQs

    What type of property is this?
    Single family property - Turnkey, fully furnished rental property with proven rental history.
    Where is this single family property located?
    The property is located at 3820 Treasure Cir Panama City, FL.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Turnkey property with proven rental history and projections of $85K - $100K.; - Two rental units, completely renovated and sold fully furnished.; - Upstairs unit features 2 primary bedroom ensuites plus 2 additional bedrooms.
    (850) 233-4351
    Request Owner's contact information
    3820 Treasure Cir Panama City, FL 32408
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    Panama City, FL 32408
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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
    3820 Treasure Cir Panama City, FL 32408
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