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50-Unit Apartment Building
For Sale
$6,225,000

3536 Saint John St 3510/, Panama City, FL 32401

Garden-style rental community with renovated residences, on-site laundry, and a separate office and storage building.

Property SizeContact for details
Days on Market285

Property Features for 3536 Saint John St 3510/

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 8 x 1BR, 20 x 2BR, 12 x 3BR, 10 x 4BR
Multifamily Units 50

Amenities

on-site laundry facility

Building Details

Construction garden-style
Listing Agency: Luxe Coastal Realty
Listed By: Marcy L O'Donnell · License #3417794
Source: J30a
Added: Nov 21, 2025 Changed: Sep 2 Last Checked: Sep 2 at 6:33PM

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 garden-style apartment community contains 50 units across a varied mix of one-, two-, three-, and four-bedroom residences. The distribution includes 8 one-bedroom, 20 two-bedroom, 12 three-bedroom, and 10 four-bedroom units. Renovations completed on 42 units since 2020 include flooring, paint, windows, and fixtures. The property also includes an on-site laundry facility and a separate office building with storage.

Capital improvements include metal roofs, upgraded electrical panels, and multiple HVAC and water-heater replacements. An assumable 3.75% fixed-rate non-recourse loan is in place. The community is located near major retailers, schools, and employment centers, with Panama City Beach within minutes.

Key Highlights

  • 50‑unit garden‑style apartment community
  • Unit mix includes 8 one‑bedroom, 20 two‑bedroom, 12 three‑bedroom, and 10 four‑bedroom residences
  • 42 units renovated since 2020 with updated flooring, paint, windows, and fixtures

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Auto Parts Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50
Residential units

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Garden-style rental community with renovated residences, on-site laundry, and a separate office and storage building.
Where is this apartment building located?
The property is located at 3536 Saint John St 3510/ Panama City, FL.
What is the asking price?
The asking price for this property is $6,225,000.
What are key features of this property?
This property features: 50‑unit garden‑style apartment community; Unit mix includes 8 one‑bedroom, 20 two‑bedroom, 12 three‑bedroom, and 10 four‑bedroom residences; 42 units renovated since 2020 with updated flooring, paint, windows, and fixtures
More about this property
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