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240 Harmon Ave Panama City, FL 32401

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For Sale
$6,700,000

Renovated 34-unit apartment community with 22-slip marina.

Lot size:
1.05 Acres

Property Features for 240 Harmon Ave

General Information

Lot size
1.05 Acres

Building Details

Year built
1966

Source: Luxe Coastal Realty Group LLC Agent Marcy O'Donnell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Waterfront Multifamily Apartment Community

This multifamily apartment community presents an investment opportunity in a waterfront location. The property features 34 units and a 22-slip marina. The unit mix includes 12 one-bedroom units, each measuring 650 sq. ft., and 22 two-bedroom units, each measuring 920 sq. ft. Renovations completed in 2020 updated 22 units to contemporary standards, including stainless appliances and composite floors. New roofs and mechanicals have been installed.
Location Intelligence

Current Use by Public Records

Magnolia Cove Marina Marina Magnolia Cove Apartments ... Apartment Complex

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.6568558
Latitude
30.1501128

FAQs

What type of property is this?
Apartment building - Renovated 34-unit apartment community with 22-slip marina.
Where is this apartment building located?
The property is located at 240 Harmon Ave Panama City, FL.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: - Prime waterfront location with marina access.; - 22-slip marina included.; - Fully renovated with 22 units renovated down to the studs in 2020.
More about this property
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