108 Casa Place, PANAMA CITY BEACH

$3,998,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Rare multi-family opportunity situated in the heart of Laguna Beach steps from the sugar white sands of the emerald coast. 100% leased, the Sandman Community showcases 21 units: 16 - 2 Bedroom Apartments | 3 - 1 Bedroom Apartments | 1 - 2 Bedroom Residence | 1 - 1 Bedroom Studio. Additional structures included are a community pool, pavilion, laundry facility and overflow parking. Many of the units have recently been remodeled to bring a modern touch to this classic development. Offering over $428K in annually income, Sandman is a sound investment boasting instant cash flow with long term re-development prospects. Opportunities of this nature are rare along the Gulf of Mexico. Do not miss the chance to add this Panama City Beach multi-family complex to your investment portfolio.

Essential Information
MLS® #922372
Price$3,998,000
Acres0.00
TypeCommercial Sales
StatusActive
Community Information
Address108 Casa Place
AreaBay County
CityPANAMA CITY BEACH
CountyBAY
StateFL
Zip Code32413
Additional Information
Days on Website331
Listing Details
OfficeCorcoran Reverie SRB
Property History
Price Reduced from $4,200,000 to $3,998,000
Price Reduced from $4,245,000 to $4,200,000
Price Reduced from $4,495,000 to $4,245,000
Price Reduced from $4,990,000 to $4,495,000
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Listing information last updated on March 29th, 2024 at 3:00am CDT.