4021 Dolphin Drive Panama City, FL 32408
Five-unit multifamily property near Panama City Beach.
Type:Commercial
Property size:
3,569 SFLot size:
0.38 Acres- Added:
- Nov 11, 2025
- Days on Market:
- 160
- Last Refresh:
- Apr 5 at 8:31 pm
Property Features for 4021 Dolphin Drive
General Information
- Standard status
- Active
- Size
- 3,569 SF
- Lot size
- 0.38 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1993
Listing agent JAY W BURKEY License #SL3603671
Listing office COLDWELL BANKER REALTY (850) 234-6696
Listing date Nov 11, 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 COLDWELL BANKER REALTY
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 ...
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.756
- Latitude
- 30.1593
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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 Drive 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.
