Refreshed Beachside Apartment
For Sale
$3,404,000
Pending
644 W Caladium Circle, Panama City Beach, FL 32413
26-unit complex with beach views and strong occupancy.
Property SizeContact for details
Lot Size0.26 Acres
Days on Market257
Property Features for 644 W Caladium Circle
General Information
Standard status
Pending
Lot size
0.26 Acres
Property subtype
Commercial
Listing Agency:
LUXE COASTAL REALTY
(848) 220-5555
Listed By:
MARCY L O'DONNELL · License #3417794
Source:
Corcoran
Added: Dec 5, 2025
Changed: Aug 11
Last Checked: Aug 10 at 3:25AM
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
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 Circle 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.
