3510/ 3536 Saint John Street Panama City, FL 32401

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

Listing date Dec 5, 2025

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 LUXE COASTAL REALTY

Report an issue

---

Investment Insights

Based on property information with market context.

This 50-unit garden-style community features a diverse unit mix consisting of 8 one-bedroom, 20 two-bedroom, 12 three-bedroom, and 10 four-bedroom units. The property has strong fundamentals and consistent performance. 42 units have been renovated since 2020 with updated flooring, fresh paint, windows, and fixtures. Additional income is generated through an on-site laundry facility. A separate office building with storage provides operational flexibility. Capital improvements include new metal roofs, upgraded electrical panels, and multiple HVAC and water-heater replacements. The property benefits from steady occupancy and an assumable $4.57M, 3.75% fixed-rate non-recourse loan. It is positioned near major retailers, schools, employment centers, and within minutes of Panama City Beach, in a high-demand rental corridor with long-term growth potential.

Key Highlights

• Assumable $4.57M, 3.75% fixed‑rate non‑recourse loan.
• 42 units renovated since 2020 with updated flooring, fresh paint, windows, and fixtures.
• Diverse unit mix: 8 one‑bed, 20 two‑bed, 12 three‑bed, and 10 four‑bed units.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,500,000

  9,050 SF

  Three-Building Flex and Industrial Campus

  A 9,000+ SF heated, multi-office flex campus with gated storage, abundant parking, and room to scale for growing operations.

  2901 W 17th Street, Panama City, FL 32405

  View Details
• 

  $2,500,000

  11,171 SF

  Versatile Commercial Property in Panama City

  Showroom, warehouse, and office space in a strategic location.

  1331 Harrison Avenue, Panama City, FL 32401

  View Details
• 

  $349,900

  2,768 SF

  Veterinary Clinic Facility

  Well-appointed veterinary clinic with multiple exam and support rooms, designed for animal care and professional office use.

  247 N Highway 22 A, Panama City, FL 32404

  View Details
• 

  $775,000

  1,708 SF

  Mixed-Use Office Property

  Remodeled custom property on a 0.64-acre lot with mixed-use flexibility and multiple entrances, including two suite setups.

  854 Magnolia Avenue, Panama City, FL 32401

  View Details
• 

  $724,000

  5,222 SF

  Six-Unit Income Producing Property

  Turnkey six-unit rental portfolio on a corner lot with recently remodeled interiors and newer roof improvements.

  119 College Avenue, Panama City, FL 32401

  View Details
• 

  $724,000

  5,222 SF

  Income-Producing Multi-Family Panama City

  Six rental units generating over $82,000 in gross annual income.

  119 College Avenue, Panama City, FL 32401

  View Details
• 

  $595,000

  3,375 SF

  Auto Shop with Service Bays

  Move-in ready auto shop with service bays, office space, and substantial frontage for everyday commercial visibility.

  1900 N East Avenue, Panama City, FL 32405

  View Details
• 

  $625,000

  5,000 SF

  Climate-Controlled Quonset Industrial Building

  Quonset-style steel industrial building with climate-controlled interior, 3-phase power, and a 14' front sliding door.

  2611 E 6th Street, Panama City, FL 32401

  View Details
• 

  $385,000

  1,674 SF

  Turnkey Office Building with Private Rooms

  Move-in-ready office building features a lobby with reception area, seven private rooms, kitchenette, and three bathrooms.

  316 W 11th Street, Panama City, FL 32401

  View Details
• 

  $1,750,000

  13,768 SF

  14-Unit Apartment Complex

  Four-building apartment complex with 14 units, all currently leased, and recently updated roofs and exterior entry areas.

  114 S Highway 22 A, Panama City, FL 32404

  View Details
• 

  $1,100,000

  2,720 SF

  Waterfront Triplex with Boat Access

  Three-in-one property on S Lagoon with two boat slips, a boat lift, and two furnished one-bedroom units.

  6722 S Lagoon Drive, Panama City, FL 32408

  View Details
• 

  $2,230,000

  5,156 SF

  Turnkey Vacation Rental Duplex

  Brand-new duplex designed for vacation rentals, with private pools and furnishings ready for short- or long-term operations.

  5237 Thomas Drive, Panama City, FL 32408

  View Details

FAQs

What type of property is this?

Apartment building - Renovated 50-unit multifamily property near Panama City Beach.

Where is this apartment building located?

The property is located at 3510/ 3536 Saint John Street Panama City, FL.

What is the asking price?

The asking price for this property is $6,243,750.

What are key features of this property?

This property features: Assumable $4.57M, 3.75% fixed‑rate non‑recourse loan.; **42 units renovated since 2020 with updated flooring, fresh paint, windows, and fixtures.**; Diverse unit mix: 8 one‑bed, 20 two‑bed, 12 three‑bed, and 10 four‑bed units.