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Multifamily Property
For Sale
$374,900

708 Hwy 22a, Panama City, FL 32404

Residential income property with an established 1950 construction date in Panama City.

Property Size4,108 SF
Price / SF$91.26
Days on Market45

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: Jul 21 Changed: Aug 29 Last Checked: Sep 1 at 8:37PM

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 offers 4,108 square feet of residential income space at 708 Hwy 22A in Panama City, Florida. The building was constructed in 1950, providing an established asset within the residential investment market.

The property information identifies the offering as a multifamily property and residential income property. The listed address is 708 Hwy 22A, Panama City, FL 32404.

Key Highlights

  • 4,108 SF multifamily property
  • Built in 1950
  • Located at 708 Hwy 22A, Panama City, FL 32404

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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residential income property with an established 1950 construction date in Panama City.
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 $374,900.
What are key features of this property?
This property features: 4,108 SF multifamily property; Built in 1950; Located at 708 Hwy 22A, Panama City, FL 32404
More about this property
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