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Multifamily Portfolio Opportunity
For Sale
$324,900

708 Hwy 22a, Panama City, FL 32404

Incredible portfolio with multiple income streams and strong rental potential.

Property Size4,108 SF
Price / SF$79.09
Days on Market186

Property Features for 708 Hwy 22a

General Information

Standard status Active
Size 4,108 SF

Building Details

Year Built 1950
Listing Agency: CENTURY 21 Commander Realty
Listed By: Jacob Hutchins · License #3630214
Source: Bemajorteam
Added: Mar 5 Changed: Sep 3 Last Checked: Sep 6 at 11:29AM

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 portfolio presents an opportunity to acquire multiple income streams with strong rental potential and solid tenant demand. The properties, located at 1522 Kraft Ave, 708 S Hwy 22A, and 803 E 10th Ct, are available for individual sale. Together, these properties generate a combined annual income of $55,005. The property at 708 HWY 22A, Panama City, FL 32404, has a property size of 4108 square feet.

Key Highlights

  • Portfolio offering multiple income streams
  • Combined annual income of $55,005 from all properties
  • Strong rental potential and solid tenant demand

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Incredible portfolio with multiple income streams and strong rental potential.
Where is this multifamily property located?
The property is located at 708 Hwy 22a Panama City, FL.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Portfolio offering multiple income streams; Combined annual income of $55,005 from all properties; Strong rental potential and solid tenant demand
More about this property
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