18-Unit Multifamily
New
For Sale
$2,075,000
6321 Lenawee Street, Panama City, FL 32404
Five stucco buildings contain separately metered residential units near retail, dining, major roadways, and Tyndall Air Force Base.
Property SizeContact for details
Days on Market6
Property Features for 6321 Lenawee Street
General Information
Standard status
Active
Property subtype
Multi-family
Units
Unit Mix
18 x 2BR/1BA
Multifamily Units
18
Building Details
Year Built
1985
Buildings
5
Construction
stucco
Listing Agency:
CENTURY 21 Commander Realty
Listed By:
Charlie W Commander
(850) 230-4514
Source:
Cthomeseekers
Added: Aug 26
Changed: Aug 31
Last Checked: Aug 31 at 8:40AM
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 CENTURY 21 Commander Realty
Investment Insights
Based on property information with market context.
This multifamily property comprises 18 units distributed among five stucco buildings. Four quadplexes contain 16 two-bedroom, one-bath units measuring approximately 750 square feet each, while a separate duplex adds two two-bedroom, one-bath units of approximately 832 square feet each. All buildings date to 1985.
Recent capital improvements include roofs completed in 2019 and water heaters installed in 2020. Water and electricity are individually metered for each unit. The property is located at 6321 Lenawee Street in Panama City, Florida, with retail, dining, major roadways, and Tyndall Air Force Base nearby.
Recent capital improvements include roofs completed in 2019 and water heaters installed in 2020. Water and electricity are individually metered for each unit. The property is located at 6321 Lenawee Street in Panama City, Florida, with retail, dining, major roadways, and Tyndall Air Force Base nearby.
Key Highlights
- 18 total units across five buildings
- Four quadplexes provide 16 two‑bedroom, one‑bath units of approximately 750 square feet each
- Duplex includes two two‑bedroom, one‑bath units of approximately 832 square feet each
Property Analytics
Current Use
Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Five stucco buildings contain separately metered residential units near retail, dining, major roadways, and Tyndall Air Force Base.
Where is this multifamily property located?
The property is located at 6321 Lenawee Street Panama City, FL.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: 18 total units across five buildings; Four quadplexes provide 16 two‑bedroom, one‑bath units of approximately 750 square feet each; Duplex includes two two‑bedroom, one‑bath units of approximately 832 square feet each
