Property profile

318 Sundial St Panama City Beach, FL 32413

OFF-MARKET
Apartment buildings
Property ID
US18-4699245
4,000 SF Built 1992
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Property summary

AI-generated overview

This exceptional Panama City Beach investment opportunity presents a 2-story, 4,000 square foot triplex situated on a spacious 14,810.4 square foot lot. Built in 1992, this property boasts a prime location just one block from the beach, allowing for lucrative short-term rentals with no HOA restrictions. The triplex comprises three distinct units: two upstairs 2-bedroom units (one with two baths, the other with one bath), and a downstairs 4-bedroom, 2-bathroom unit. Each unit features its own private entrance, offering flexibility and privacy for tenants. The property's location at the quieter west end of Panama City Beach provides easy access to local amenities such as Salty Sue's and Mike's Diner, while Pier Park is a short drive away. A projected annual rental income of $136,715 is available. All measurements are approximate and should be independently verified. This property presents a compelling investment opportunity with significant rental potential and a highly desirable location. The asking price is $1,099,000.

Property profile

Verified
Property type Apartment buildings
Year built 1992
Total area 4,000 SF
UPID US18-4699245

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

318 Sundial St Panama City Beach, FL 32413
Panama City Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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