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5820 Hickory St Panama City, FL 32404

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16-unit apartment building near Tyndall Air Force Base.

Type:Multifamily
Property size:
12,096 SF
Added:
Feb 23, 2026
Days on Market:
39
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 5820 Hickory St

General Information

Standard status
Active
Size
12,096 SF
Property subtype
Multifamily

Building Details

Year Built
1981

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Listing Contact
Andrew Green, CCIM
Andrew Green, CCIM

Listing agent Andrew Green, CCIM License #FL SL3341222

Listing office SeaCrest Advisors LLC

Listing date Feb 23, 2026

Source Crexi

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 SeaCrest Advisors LLC


Overview

Panama City Garden Style Apartments

Hickory Cove is a 16-unit garden style apartment building located in Panama City, Florida. Constructed in 1981, the property features common brick and vinyl on a concrete slab. The unit mix comprises twelve two-bedroom, one-bathroom units and four one-bedroom, one-bathroom units, averaging approximately 756 square feet. Residents have access to amenities including a gazebo and grilling area, an on-site laundry room, and private patios for each unit. Situated in a residential neighborhood off Tyndall Parkway, a major thoroughfare, Hickory Cove offers convenient access to commercial businesses and is minutes from Downtown Panama City's restaurants and retail destinations. The property is also located a few minutes away from Tyndall Air Force Base, a major regional employer. Over $600,000 has been invested in an extensive value-add renovation program in recent years. The property offers the potential for consistent cash flow and further value enhancement through additional improvements. The property size is 12096 square feet.
Location Intelligence

Current Use by Public Records

Hickory Cove Apartments Apartment Complex

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.5877741
Latitude
30.1376403

FAQs

What type of property is this?
Apartment building - 16-unit apartment building near Tyndall Air Force Base.
Where is this apartment building located?
The property is located at 5820 Hickory St Panama City, FL.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: Extensive value‑add renovation program completed: Over $600,000 invested in recent improvements.; Located minutes from Tyndall Air Force Base, a major regional employer.; Proximity to Downtown Panama City with trendy restaurants and retail destinations.
More about this property
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