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4021 Dolphin Dr Panama City, FL 32408

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For Sale
$1,350,000

Five-unit multifamily property near Panama City Beach.

Property size:
3,569 SF
Lot size:
0.38 Acres

Property Features for 4021 Dolphin Dr

General Information

Standard status
Active
Size
3,569 SF
Lot size
0.38 Acres

Building Details

Year built
1993

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Listing Contact
Jay W Burkey
Source: Corcoran

Listing Agency: COLDWELL BANKER REALTY Listing Agent: Jay W Burkey

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated Multifamily Property Near Beach

This is a five-unit multifamily property located steps from the beaches of Panama City Beach. Each of the five units features one bedroom and 1.5 bathrooms, with each unit approximately 714 square feet. The units have modern interiors and private balconies. On-site covered parking is available. The property is currently operated as a short-term rental portfolio, offering flexibility for Airbnb, mid-term, or long-term tenants. Professional property management is in place. The property is located directly across from the luxury beachfront community of Hadley's Beach. The location combines residential charm and convenience, situated in a quiet neighborhood with a public boat ramp, and is near St. Andrews State Park, Emerald Coast Beaches, and the dining and entertainment corridor along Thomas Drive. The property is fully furnished and operational, ready for immediate cash flow or repositioning. The property has STR-friendly zoning (R-3). The property size is 3569 square feet.
Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Panama City
County
Walton
State
Florida
Longitude
-85.756
Latitude
30.1593

FAQs

What type of property is this?
Apartment building - Five-unit multifamily property near Panama City Beach.
Where is this apartment building located?
The property is located at 4021 Dolphin Dr Panama City, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: - Steps from Panama City Beach, offering a prime beach-adjacent location.; - Five fully renovated, turnkey 1BR/1.5BA units (~714 SF each) with modern interiors and private balconies.; - Airbnb-ready with STR-friendly zoning (R-3) for flexible rental strategies.
More about this property
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