1310 Arthur Avenue Panama City, FL 32401
Four occupied units generate monthly income, with a mix of two- and one-bedroom layouts.
- Added:
- Jul 3, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 4 at 2:20 am
Property Features for 1310 Arthur Avenue
General Information
- Standard status
- Active
- Size
- 2,452 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1952
Listing office NORTHWEST FLORIDA REALTY, LLC (850) 740-1069
Listing date Jul 3, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NORTHWEST FLORIDA REALTY, LLC
Investment Insights
Based on property information with market context.
The property is located at 1310 Arthur Avenue in Panama City, Florida, in the desired St. Andrews area. The public remarks note convenient proximity to Downtown St. Andrews and that Panama City Beach is just a few miles away.
For buyers seeking a residential income asset with existing in-place tenants, this configuration provides immediate occupancy across a compact unit mix. The distinct layout mix may appeal to renters who want either a two-bedroom option or a smaller one-bedroom plan. Please note that the tenants are happy and are currently in place, so showing activity would need to be coordinated without disturbing residents.
Key Highlights
- Four‑unit multi‑family property built in 1952
- Unit mix: one 2 bed, 1 bath unit and three 1 bed, 1 bath units
- All four units are occupied
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.0k | $20.40 |
| − Vacancy | −$7.6k | −$3.12 |
| EGI | $42.4k | $17.28 |
| − OpEx | −$12.7k | −$5.18 |
| NOI | $29.7k | $12.10 |
