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Refreshed Beachside Apartment Complex
For Sale
$3,404,000
Pending

644 W Caladium Cir, Panama City Beach, FL 32413

26-unit complex with beach views and strong occupancy.

Property SizeContact for details
Days on Market310

Property Features for 644 W Caladium Cir

General Information

Standard status Pending
Property subtype Commercial
Listing Agency: Luxe Coastal Realty
Listed By: Marcy L O'Donnell · License #3417794
Source: Emeraldcoasthomefinder
Added: Dec 13, 2025 Changed: Oct 1 Last Checked: Oct 19 at 7:16AM

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

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Investment Insights

Based on property information with market context.

The property at 644 W Caladium Circle is a 26-unit apartment complex featuring 22 studios, two 1-bedroom, 1-bathroom units, and two 2-bedroom, 1-bathroom units. Each unit has been updated with new paint, composite flooring, modern fixtures, refreshed bathrooms, and upgraded appliances. The property benefits from a consistently strong occupancy rate, ensuring immediate cash flow. An income-producing on-site laundry facility further enhances revenue. The property is located directly across from the Gulf, offering beach views and walkability to dining and shopping. It is also near Pier Park, Topgolf, and Dolly Parton's Pirates Voyage Dinner Show. The property offers potential for both long-term and short-term rental strategies.

Key Highlights

  • Premier beachside location directly across from the Gulf with beach views.
  • Fully refreshed 26‑unit complex with updated units (new paint, flooring, fixtures, bathrooms, appliances).
  • Strong occupancy rate ensures immediate Day‑One cash flow.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

Demographics for 32413, FL

15,217
Population
16,334
Households
0.9
Avg Household Size
50
Median Age
34%
College-Educated
94%
High-School Grad
108.2 sq mi
ZIP Area
141
Density / Sq Mi
$76,010
Median Household Income
$41,282
Median Earnings
$1,629
Median Rent
$384,000
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - 26-unit complex with beach views and strong occupancy.
Where is this apartment building located?
The property is located at 644 W Caladium Cir Panama City Beach, FL.
What is the asking price?
The asking price for this property is $3,404,000.
What are key features of this property?
This property features: Premier beachside location directly across from the Gulf with beach views.; Fully refreshed 26‑unit complex with updated units (new paint, flooring, fixtures, bathrooms, appliances).; Strong occupancy rate ensures immediate Day‑One cash flow.
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