240 Harmon Avenue Panama City, FL 32401

Listing Agency LUXE COASTAL REALTY m***@gmail.com Show Phone

Listed by MARCY L O'DONNELL · License #BK3417794

Source Corcoran

Added: Dec 5, 2025 Checked: Jul 20 at 4:08 am

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Investment Insights

Based on property information with market context.

This 34-unit waterfront community includes a 22-slip marina. The property features an on-site laundry facility that generates income, as well as a low-maintenance marina that produces steady net revenue. In 2020, 22 units were fully renovated down to the studs. The property also features upgraded mechanicals, new roofs, and contemporary interiors. The property has a history of consistently high occupancy. It is located in Downtown Panama City, which is undergoing revitalization featuring upgraded streetscapes, improved walkability, and renewed waterfront development.

Key Highlights

• Waterfront community with a 22‑slip marina
• 22 units fully renovated down to the studs in 2020
• Income‑generating on‑site laundry facility

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FAQs

What type of property is this?

Apartment building - 34-unit waterfront community with 22-slip marina in Panama City.

Where is this apartment building located?

The property is located at 240 Harmon Avenue Panama City, FL.

What is the asking price?

The asking price for this property is $6,197,500.

What are key features of this property?

This property features: Waterfront community with a 22‑slip marina; 22 units **fully renovated down to the studs in 2020**; Income‑generating on‑site laundry facility