50-Unit Multifamily Investment
3510/ 3536 Saint John Street Panama City, FL 32401
3510/ 3536 Saint John Street, Panama City, FL, 32401
$6,243,750
For Sale
$6,243,750
Renovated 50-unit multifamily property near Panama City Beach.
Lot Size1.51 Acres
Days on Market227
Property Features for 3510/ 3536 Saint John Street
General Information
- Standard status
- Active
- Lot size
- 1.51 Acres
- Property subtype
- Commercial
Listing Agency
LUXE COASTAL REALTY
(848) 220-5555
Listed by
MARCY L O'DONNELL · License #BK3417794
Source
Corcoran
Added: Dec 5, 2025 Checked: Jul 19 at 5:36 am
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
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
Current Use by Public Records
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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.
